Renewed military conflict between the US and Iran sparked a broad sell-off in crypto markets, with Bitcoin and Ethereum dropping over 2%. The CoinDesk 20 Index fell 2.9%, while altcoins like Jupiter and Ether.fi saw losses exceeding 5%. Rising geopolitical risks strengthened the US Dollar and pressured risk assets globally. Despite the sell-off, Bitcoin futures open interest declined slightly, indicating cautious trader positioning. Increased demand for downside protection and rising volatility suggest bearish sentiment may persist until tensions ease.
Bitcoin's price dropped to around $62,000 amid renewed conflict between the U.S. and Iran, which caused oil prices to surge about 5%. This geopolitical tension undermines earlier optimism from falling inflation breakevens, as U.S. consumer inflation ...
Santiment reports that Bitcoin and Ethereum held on centralized exchanges are near all-time lows, indicating fewer coins are immediately available for sale. This trend suggests holders prefer self-custody or staking, reducing near-term selling pressu...
Bitcoin traded near $62,920, pressured by renewed U.S.-Iran strikes that lifted oil and the dollar, causing crypto markets to weaken. Despite $21.4 million inflows into U.S. spot Bitcoin ETFs providing some support, technical indicators like MACD and...
Bitcoin and Ethereum supplies on exchanges have dropped to their lowest levels since 2017 and 2015 respectively, indicating a shift toward long-term holding and staking. This trend reflects growing investor confidence, possibly driven by institutiona...
Japan's prolonged yen weakness is driving more companies to adopt cryptocurrencies like Bitcoin and XRP as alternatives to holding cash. SBI VC Trade, a crypto exchange by SBI Holdings, reports increased corporate demand and a doubling of registered ...
