Zag net that oil futures are rising significantly, about a 20% increase above $110. Many traders seem nervous due to tensions in Asia that are also putting stock futures under heavy pressure. Interestingly, Bitcoin remains fairly stable around $72.68K, while traditional markets are shaking quite a bit.

It appears that in this case, crypto is acting as a kind of safe haven while stock futures and commodities are swinging wildly. The oil rally is quite intense, but Bitcoin isn't showing much of that panic. Strangely enough, this kind of market volatility can sometimes present interesting opportunities if you pay close attention to the signals.