Bitcoin Soars on Lower Oil Prices and Regulatory Relief
Bitcoin's price surged 5.8% in the last 24 hours as of September 18, 2026, due to a combination of factors. Lower oil prices and a regulatory change from the SEC contributed to the crypto market's rebound.
The S&P 500 declined by 0.2%, while the Nasdaq Composite remained flat on Friday. The drop in oil prices eased concerns about inflation, which had pushed up the 30-year Treasury yield earlier in the week.
Oil prices retreated from their peak of nearly $110 on Monday to below $104 by early afternoon on Friday. This decrease helped reduce rate anxiety and made investors more comfortable with risk-on assets like Bitcoin.