Bitcoin dropped sharply to $77,614 following reports of potential US and Israeli military strikes against Iran, triggering a sell-off in risky assets including cryptocurrencies. This geopolitical tension caused over $40 billion in crypto market capitalization to vanish and led to nearly $700 million in liquidations in derivative markets. Rising oil prices above $105 per barrel also stoked fears of inflation, adding to market instability. The situation remains volatile, with further escalation potentially deepening the crypto downturn, while diplomatic easing could support a rebound.
Bitcoin ETFs experienced a significant outflow of $1 billion in one week, ending a six-week streak of inflows. This drop is driven by investors rotating capital towards AI-related tech stocks like NVIDIA, Google, and Apple, alongside ongoing regulato...
The crypto market lost $90.3 billion in value within an hour on May 16, driven by U.S. inflation data that exceeded forecasts and ended expectations for Federal Reserve rate cuts. Bitcoin dropped to $77,678, while major altcoins like Ethereum, XRP, S...
Bitcoin's price dropped below $78,000 after a brief rally above $82,000 triggered by the US Senate Banking Committee's advancement of the Digital Asset Market Clarity Act. The decline reflects renewed macroeconomic pressures, including rising US 10-y...
Bitcoin fell below $78,000, hitting a low of $77,614, as fears of US and Israeli military strikes on Iran intensified. This decline erased Bitcoin's gains for the month and reduced its market cap by over $40 billion to $1.56 trillion. The geopolitica...
Italy's largest bank, Intesa Sanpaolo, more than doubled its cryptocurrency holdings from $100 million in Q4 2025 to $235 million by the end of Q1 2026. The bank entered new positions in Ethereum via BlackRock’s iShares Staked Ethereum Trust and in X...
