Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in India, Japan, and Australia gaining. The market optimism is linked to progress in U.S.-Iran peace negotiations, which could ease geopolitical tensions affecting oil supply. However, caution remains as over $2 billion in outflows from crypto ETFs in the past two weeks suggest some selling pressure, and traders await a finalized peace deal for sustained crypto gains.
Bitcoin whale traders have shifted aggressively toward short positions, reflecting growing defensive sentiment amid weakening broader crypto momentum. Large speculative wallets reduced altcoin exposure and increased leveraged Bitcoin shorts, with one...
Cryptocurrency prices including Bitcoin, Ethereum, XRP, and Dogecoin showed little movement as uncertainty looms over a potential Iran nuclear deal. Bitcoin fluctuated near $77,000 with a 26% drop in trading volume, while Ethereum narrowly stayed abo...
Brent crude oil prices dropped below $99 following President Trump's announcement that a US-Iran deal to reopen the Strait of Hormuz is largely negotiated, easing supply disruption fears. The Strait of Hormuz is critical, carrying about 20% of global...
MoonPay has launched a new app that allows users to buy Bitcoin, Solana, and potentially other cryptocurrencies directly inside ChatGPT through natural language conversation. This integration removes the usual technical barriers like wallet setup and...
Cryptocurrency markets show a general downward trend with Bitcoin priced at approximately $76,617 and Ethereum at about $2,094. Major altcoins like BNB, XRP, and SOL also experienced declines. Some smaller tokens like HYPE and DEXE saw gains, but ove...
