The US will release 172 million barrels of oil from its Strategic Petroleum Reserve. Bitcoin climbs above $70K as Glassnode spots early accumulation near $62.8K–$72.6K Analyst Crypto Tice argues Bitcoin’s biggest rallies historically follow oil market bottoms. The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve in an attempt to lower energy prices following supply shocks tied to the ongoing conflict between the US, Israel, and Iran. US Energy Secretary Chris Wright said the release is part of a larger 400‑million‑barrel coordinated action agreed upon by the International Energy Agency (IEA), which includes 32 countries. The oil will begin entering the market next week and will take roughly 120 days to deliver. The move comes after military strikes began on February 28, when the US and Israel launched attacks on … Read The Full Article US Oil Reserve Release Sparks Macro Debate as Bitcoin Holds Above $70K On Coin Edition .