Bitcoin blasts past $83,500 as sinking oil prices fuel risk appetite

Bitcoin isn't waiting for anyone as it shreds through the $83,500 level. Crypto markets caught a massive tailwind Monday morning while Brent crude prices slid for the fourth day in a row. When energy costs drop, traders typically hunt for volatility, and they found it today in Monero. The privacy coin surged 13% while most equity futures turned green. Everyone's eyes are locked on the upcoming summit between Donald Trump and Xi Jinping. The meeting serves as a high-stakes backdrop for a market already on edge. If the geopolitical tension cools, these record-breaking runs might just be the opening act. Will the momentum hold once the world leaders actually sit down at the table?