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

White House denies Iran-US draft deal, Bitcoin dips below $75K amid market uncertainty

Market News
27 May 2026
Coinpaper
View Source
Bearish
pluang ai news

The White House has refuted Iranian state media claims of an initial draft memorandum of understanding between the US and Iran, calling it a "complete fabrication." The disputed draft reportedly involved troop withdrawals and reopening the Strait of Hormuz for commercial shipping. Despite ongoing negotiations, no agreement has been reached, causing uncertainty in global markets. Oil prices fell after the report but the denial raised doubts about progress. Bitcoin dropped below $75,000, pressured by unclear geopolitical developments, while XRP showed signs of a possible rebound near $1.33 amid mixed market sentiment.

More News (BTC)

Bitcoin faces high volatility risk amid rising leverage and retail selling pressure.

Bitcoin faces high volatility risk amid rising leverage and retail selling pressure.

Bitcoin is showing signs of increased volatility due to a mix of rising leveraged long positions and heavy retail selling on spot markets. Despite a sharp drop below $75,000 and large outflows from U.S. spot ETFs, Bitcoin's price remains stable, supp...

Market News
Bearish
5 hours ago
Bitcoin and major cryptocurrencies show mixed price movements with slight declines and gains.

Bitcoin and major cryptocurrencies show mixed price movements with slight declines and gains.

Bitcoin is trading around $74,873, down about 1.12%, while Ethereum is slightly down 0.63% at $2,052.63. Other major cryptocurrencies like Binance Coin, XRP, and Tron also show minor declines, whereas some altcoins like Rain and Stellar have notable ...

Market News
Bearish
5 hours ago
Bitcoin price hovers near $75K amid weak demand and ETF outflows limiting recovery.

Bitcoin price hovers near $75K amid weak demand and ETF outflows limiting recovery.

Bitcoin price remains near $75,000 as volatility decreases and spot demand weakens, limiting buyer confidence. The cryptocurrency faces pressure from outflows in Bitcoin ETFs and reduced institutional interest in spot funds. Key support at $74,662 is...

Market News
Bearish
5 hours ago
Whale shorts $16M in Bitcoin and Ether with 20x leverage while going long on TradFi indexes.

Whale shorts $16M in Bitcoin and Ether with 20x leverage while going long on TradFi indexes.

A smart money whale has taken $16.1 million in short positions on Bitcoin and Ether at 20x leverage on Hyperliquid, while simultaneously holding profitable long positions totaling over $8.5 million on traditional financial indexes XYZ100 and S&P 500....

Technical Signals
Neutral
5 hours ago
Bitcoin drops from $82,500 high as May shows classic sell-off pattern and weak institutional demand.

Bitcoin drops from $82,500 high as May shows classic sell-off pattern and weak institutional demand.

Bitcoin's price peaked near $82,500 in mid-May but sharply fell to about $75,650, forming a Shooting Star pattern that signals strong selling pressure. On-chain data shows short-term holders remain unprofitable, indicating weak momentum behind the bo...

Market News
Bearish
7 hours ago
banner-footerbanner-footer

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