Svmuu News: As concerns over potential oil supply shocks eased, the Bitcoins continued to rise on Tuesday, boosting risk appetite in global markets. The International Energy Agency (IEA) announced on Tuesday that it would convene an extraordinary meeting to discuss whether to release emergency oil reserves.WTI crude oil prices subsequently fell to $82, after surging to nearly $120 over the weekend, while the S&P 500 and Nasdaq 100 indices rose about 0.5% in midday trading. Crypto-related stocks rose in tandem: stablecoin issuer Circle (CRCL) gained 6%, bringing its two-week gain to nearly 100%; digital asset infrastructure firm BitGo (BTGO) rose over 8%; and blockchain company Figure (FIGR) climbed 12%.Bitcoin’s Stack BTC (STAK) has surged over 200% since announcing Nigel Farage’s appointment. The correlation between Bitcoin and the software ETF (IGV) is weakening, suggesting BTC may begin to exhibit a more independent trajectory during periods of macroeconomic uncertainty. (CoinDesk)