Oil took a hit today. Brent crude futures closed at $60.70 per barrel—down $1.06 from yesterday, or roughly 1.72% lower.

Not exactly shocking in volatile commodity markets, but here's what matters: when energy prices pull back, it usually signals something bigger happening in macro sentiment. Lower crude often hints at weaker global demand expectations, which can ripple through equity markets and, yeah, crypto.

For traders watching inflation signals and real yields, this dip is worth noting. Energy is still a key inflation gauge, and softer oil prices give central banks more breathing room. Whether that translates to looser monetary conditions down the line? That's the real question.

Keep an eye on crude's behavior—it doesn't move in isolation.