Bitcoin extended its recovery this week, surging as high as $85,117 and gaining approximately 30% since August 19. The rally coincided with significant shifts in global energy markets, as Brent crude oil prices fell about 2% to nearly $102 per barrel. Market analysts linked this oil price drop to increased exports from Saudi Arabia and hopes for renewed diplomatic engagement between the United States and Iran. As a result, risk assets such as cryptocurrencies and technology stocks found more support.