Bitcoin surged over 2% to around $65,800, its highest in nearly two weeks, after the US and Iran agreed to end hostilities and reopen the Strait of Hormuz. This peace deal reduced geopolitical risks that had kept oil prices elevated, causing Brent crude to drop more than 4% to about $83 a barrel. The easing of energy supply concerns boosted global risk assets, including major cryptocurrencies and Asian stocks. However, ongoing institutional demand worries, such as ETF outflows and recent sales by Strategy, may limit Bitcoin's rally despite the positive news.
The US and Iran have reached an interim peace agreement to end hostilities and reopen the Strait of Hormuz, with the deal set to be signed in Switzerland. This development caused Bitcoin prices to rise about 2% to $65,700, its highest since early Jun...
The United States and Iran have reached a historic peace agreement, ending all military operations and easing tensions in the Middle East. This breakthrough, announced by Pakistani Prime Minister Shehbaz Sharif, is set to be formally signed on June 1...
Bitcoin's price might decline to around $48,000 based on a long-term Fibonacci retracement analysis that has historically predicted bear market lows after major bull runs. This pattern, consistent since 2010, shows Bitcoin falling below the 61.8% ret...
The global cryptocurrency market is experiencing a significant drop in trading volumes, reaching the lowest levels in two years due to macroeconomic uncertainty, geopolitical tensions, and recent liquidations. Despite this bearish sentiment, long-ter...
President Donald Trump announced that Israeli troops would not proceed with a planned major operation in Beirut after a call with Israeli Prime Minister Netanyahu. Trump criticized recent Israeli airstrikes on Hezbollah targets in Beirut for threaten...
