Bitcoin surged to nearly $65,844, its highest in two weeks, after the US and Iran agreed to reopen the Strait of Hormuz, easing long-standing energy supply concerns. This deal caused Brent crude oil prices to drop over 4%, reducing inflation pressure and improving market sentiment for risk assets including cryptocurrencies like ether, solana, and XRP. The agreement, expected to be formally signed soon, reversed the recent crypto selloff driven by geopolitical tensions and high oil prices. Market watchers now await whether institutional demand for bitcoin will sustain the rally or if gains will stall once the relief trade is fully priced in.
In 2026, Nvidia has become the most-discussed asset on finance-focused Reddit communities, overtaking Bitcoin, which now ranks seventh. This shift reflects growing retail investor interest in AI technology and Nvidia's role in AI infrastructure, cont...
The Royal Government of Bhutan transferred 533 Bitcoin (BTC), valued at $34.5 million, to Binance on June 17. These transfers came from Druk Holding & Investments, Bhutan's state investment arm, reducing Bhutan's Bitcoin holdings to 1,749.96 BTC from...
Bitcoin fell about 4% from a recent high near $66,315 to test support around $64,000 following the Federal Reserve's hawkish policy outlook, which signaled fewer rate cuts and potential future tightening. Despite easing Middle East tensions and lower...
Bitcoin and other major cryptocurrencies dropped over 3% following the Federal Reserve's decision to hold interest rates at 3.5%–3.75% while raising inflation forecasts and indicating fewer rate cuts in the future. Despite President Trump's interim p...
Bitcoin dropped below $64,000 following the Federal Reserve's updated dot plot indicating zero or one interest rate cut for 2026, ending weeks of cautious optimism in crypto markets. CryptoQuant reported the largest weekly decline in Bitcoin demand s...
