Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin steadies near $78K as easing US-Iran tensions and SpaceX's Bitcoin holdings boost market confidence.

Market News
21 May 2026
Crypto news
View Source
Bullish
pluang ai news

Bitcoin price stabilized near $78,000 following easing geopolitical tensions after US-Iran negotiations showed progress, reducing fears of prolonged disruptions in the Strait of Hormuz. Institutional selling pressure eased as Bitcoin ETF outflows slowed significantly, while SpaceX revealed it holds 18,712 Bitcoin, surpassing previous estimates and Tesla's holdings. Technical indicators suggest bullish momentum with Bitcoin forming a double bottom pattern and approaching key resistance near $80,000, potentially targeting $92,000-$95,000 if a breakout occurs. However, market volatility remains sensitive to geopolitical developments and oil prices, which could impact inflation and Federal Reserve policies.

More News

Nexans AGM approves 11.5% dividend hike and board renewals on May 21, 2026

Nexans AGM approves 11.5% dividend hike and board renewals on May 21, 2026

At its May 21, 2026 Annual General Meeting, Nexans shareholders approved all 22 board resolutions, including an 11.5% increase in dividends to €2.90 per share payable on May 27. The meeting also renewed independent board members Laura Bernardelli and...

Company Fundamentals
Bullish
18 minutes ago
Nexans approves 11.5% higher dividend and new board appointments at 2026 shareholders meeting

Nexans approves 11.5% higher dividend and new board appointments at 2026 shareholders meeting

At its 2026 Annual Shareholders' Meeting, Nexans approved all 22 board resolutions, including an 11.5% increase in dividends to €2.90 per share payable in May. The meeting also renewed two independent directors and appointed two new ones, resulting i...

Company Fundamentals
Bullish
18 minutes ago
30+ pharma firms accelerate clinical trials for new cutaneous T-cell lymphoma drugs

30+ pharma firms accelerate clinical trials for new cutaneous T-cell lymphoma drugs

Over 30 pharmaceutical companies are actively developing more than 30 drugs for cutaneous T-cell lymphoma (CTCL), a rare skin-related non-Hodgkin lymphoma. Key players like Prescient Therapeutics and Innate Pharma are advancing promising therapies th...

Market News
Bullish
18 minutes ago
Nasdaq 100 dips after Nvidia earnings; oil tops $100 amid Iran tensions and rising Treasury yields

Nasdaq 100 dips after Nvidia earnings; oil tops $100 amid Iran tensions and rising Treasury yields

U.S. stocks fell modestly midday Thursday as Treasury yields rose and crude oil prices climbed above $100 per barrel, driven by renewed geopolitical risks from Iran's hardened stance on uranium exports. Despite Nvidia's strong earnings report with re...

Market News
Neutral
22 minutes ago
AT&T launches flexible wireless plans and invests $19B to expand fiber in California through 2030.

AT&T launches flexible wireless plans and invests $19B to expand fiber in California through 2030.

AT&T announced a new customizable wireless plan called "Build-A-Plan" starting at $15 per month, allowing customers to adjust their plans monthly. Additionally, the company revealed a $19 billion investment to expand its fiber and wireless networks a...

Market News
Bullish
25 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App