IEA

Crypto Rallies After IEA OKs Record 400M-Barrel Oil Release

Crypto markets jumped Wednesday as the IEA announced a 400 million-barrel oil release; Bitcoin briefly touched $71,000 as traders moved into risk assets. The move aims to ease a supply shock and calm energy-driven volatility that had weighed on sentiment.

Published at 2026-03-11 15:15:32