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Cryptocurrencies dip as Trump warns of limited time for Iran deal, stocks also slide amid geopolitical fears.

Market News
19 May 2026
Benzinga
View Source
Bearish
pluang ai news

Leading cryptocurrencies like Bitcoin and Ethereum weakened alongside U.S. stocks after President Donald Trump warned the U.S. would act soon if a deal with Iran is not reached. Bitcoin hovered around $76,000-$77,000 with falling trading volumes, while Ethereum dropped below $2,100 before a slight recovery. The global crypto market cap fell slightly to $2.55 trillion. Stocks also declined sharply, with the Dow Jones down 0.65%, amid fears of renewed conflict with Iran. Analysts suggest Bitcoin could rally if it holds key support levels but warn of deeper corrections if those levels fail.

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Trader Garrett Jin opens $21.73M short on Zcash, while his $76M Bitcoin long faces $20M loss

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