Bitcoin ended last week slightly down despite volatile swings caused by Nvidia earnings, Federal Reserve leadership changes, and US-Iran tensions. Optimism rose after Donald Trump hinted at a quick resolution to the Iran conflict, easing fears of prolonged oil-driven inflation and boosting Bitcoin toward $77,680. However, traders remain cautious ahead of key US inflation and GDP data, which could influence Federal Reserve rate decisions and impact crypto markets. Additionally, rising Bitcoin inflows to Binance suggest potential selling pressure, signaling a fragile recovery with technical analysis pointing to possible further declines toward $72,000.
Adam Back, CEO of Blockstream, asserts that Bitcoin is the only cryptocurrency with lasting value due to its credible scarcity and decentralization. He believes altcoins and memecoins lack sustainable economic models, real demand, and competitive adv...
Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in Indi...
Bitcoin whale traders have shifted aggressively toward short positions, reflecting growing defensive sentiment amid weakening broader crypto momentum. Large speculative wallets reduced altcoin exposure and increased leveraged Bitcoin shorts, with one...
Cryptocurrency prices including Bitcoin, Ethereum, XRP, and Dogecoin showed little movement as uncertainty looms over a potential Iran nuclear deal. Bitcoin fluctuated near $77,000 with a 26% drop in trading volume, while Ethereum narrowly stayed abo...
Brent crude oil prices dropped below $99 following President Trump's announcement that a US-Iran deal to reopen the Strait of Hormuz is largely negotiated, easing supply disruption fears. The Strait of Hormuz is critical, carrying about 20% of global...
