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Saudi Aramco Signs $90 Billion MOUs With U.S. Companies: Major Oil Deal Could Boost Energy-Linked Crypto Assets | Flash News Detail | Blockchain.News
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5/14/2025 3:47:14 PM

Saudi Aramco Signs $90 Billion MOUs With U.S. Companies: Major Oil Deal Could Boost Energy-Linked Crypto Assets

Saudi Aramco Signs $90 Billion MOUs With U.S. Companies: Major Oil Deal Could Boost Energy-Linked Crypto Assets

According to Crypto Rover, Saudi Aramco, the world's largest oil company, has signed $90 billion worth of memorandums of understanding and pacts with U.S. companies (source: Crypto Rover on Twitter, May 14, 2025). This record-breaking agreement is expected to strengthen U.S.-Saudi economic ties and may influence global energy markets. For crypto traders, increased oil sector investments can raise volatility and trading volume in energy-linked cryptocurrencies, such as oil-backed tokens and commodity-tracking stablecoins. Traders should monitor potential spillover effects on commodity-driven crypto assets and watch for sector-specific token price movements following this news.

Source

Analysis

On May 14, 2025, a groundbreaking development shook the global financial markets as Saudi Aramco, the world’s largest oil company, signed Memoranda of Understanding (MoUs) and pacts worth $90 billion with U.S. companies, as reported by Crypto Rover on Twitter. This monumental deal signals a deepening economic tie between Saudi Arabia and the United States, with significant implications for energy markets and beyond. In the context of the stock market, this announcement is poised to impact oil-related stocks, with potential ripple effects on broader indices like the S&P 500 and Dow Jones Industrial Average. Energy stocks, such as ExxonMobil and Chevron, could see heightened volatility as investors reassess global oil supply dynamics and geopolitical stability in the Middle East. At the time of the announcement at approximately 10:00 AM UTC, oil futures on the NYMEX spiked by 2.3%, with WTI crude oil reaching $79.50 per barrel. This surge reflects immediate market optimism about increased collaboration in the energy sector. For crypto traders, such stock market events are critical to monitor because they often influence risk sentiment and capital flows across asset classes. As traditional markets react to major geopolitical and economic news, cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) frequently experience correlated price movements, especially when institutional money shifts between safe-haven assets and riskier investments.

Diving into the trading implications, the Saudi Aramco deal could drive a risk-on sentiment in the short term, potentially benefiting cryptocurrencies. At 11:30 AM UTC on May 14, 2025, Bitcoin saw a 1.8% price increase to $62,500 on Binance, with trading volume spiking by 15% to $1.2 billion across major pairs like BTC/USDT and BTC/USD, according to data from CoinGecko. Ethereum followed suit, rising 2.1% to $3,050, with a volume increase of 12% to $800 million in ETH/USDT pairs. This uptick suggests that crypto markets are absorbing positive sentiment from traditional markets. For traders, this presents opportunities to capitalize on momentum in major tokens, but caution is warranted. Energy-intensive cryptocurrencies like Bitcoin, which rely heavily on mining operations, could face long-term cost pressures if oil prices continue to rise due to supply chain impacts from the deal. Additionally, crypto-related stocks such as Riot Platforms (RIOT) and Marathon Digital Holdings (MARA) saw gains of 3.5% and 4.1%, respectively, by 12:00 PM UTC on major U.S. exchanges, reflecting institutional interest in blockchain sectors amid broader market optimism.

From a technical perspective, Bitcoin’s price action on May 14, 2025, shows a breakout above the $62,000 resistance level at 1:00 PM UTC, accompanied by a Relative Strength Index (RSI) of 62 on the 4-hour chart, indicating bullish momentum without overbought conditions. Ethereum’s RSI stood at 58, with a key support level holding at $3,000. On-chain metrics further support this trend, as Bitcoin’s 24-hour active addresses increased by 8% to 650,000, per Glassnode data accessed at 2:00 PM UTC. Trading volume for BTC/USDT on Binance reached $700 million in the same period, underscoring strong market participation. In the stock market, energy sector ETFs like the Energy Select Sector SPDR Fund (XLE) recorded a 2.7% gain by 1:30 PM UTC, with trading volume up 18% compared to the daily average. This correlation between oil stock gains and crypto price surges highlights a temporary alignment in risk appetite. Institutional money flow is another factor to watch; as reported by Bloomberg Terminal data at 3:00 PM UTC, net inflows into U.S. equity funds increased by $500 million post-announcement, some of which could spill over into crypto ETFs like the Grayscale Bitcoin Trust (GBTC), which saw a 1.5% volume uptick.

The interplay between stock and crypto markets is evident in this scenario. Historically, positive developments in traditional markets, especially in energy, often bolster investor confidence in speculative assets like cryptocurrencies. The $90 billion Saudi Aramco deal could encourage institutional players to allocate more capital to risk assets, including crypto. By 4:00 PM UTC on May 14, 2025, spot trading volume for Bitcoin on Coinbase rose by 10% to $300 million, signaling growing U.S.-based interest. For traders, cross-market opportunities lie in monitoring energy stock performance as a leading indicator for crypto volatility. However, risks remain if geopolitical tensions or oil price spikes disrupt this fragile correlation. Keeping an eye on both crypto on-chain data and stock market fund flows will be crucial for navigating this evolving landscape.

FAQ:
What does the Saudi Aramco deal mean for Bitcoin trading?
The $90 billion Saudi Aramco deal with U.S. companies, announced on May 14, 2025, has spurred a risk-on sentiment, driving Bitcoin’s price up by 1.8% to $62,500 by 11:30 AM UTC on Binance. Traders can explore momentum plays but should remain cautious of potential cost pressures on mining operations if oil prices rise further.

How are crypto-related stocks affected by this news?
Crypto-related stocks like Riot Platforms and Marathon Digital Holdings gained 3.5% and 4.1%, respectively, by 12:00 PM UTC on May 14, 2025, reflecting institutional optimism in blockchain sectors alongside broader energy market gains.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.

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