Bitcoin Weakens While Oil Climbs After Trump Signals Continued Iran Strikes
Crude oil climbed back above $100 a barrel and Bitcoin slipped as US President Donald Trump used a White House address to say the military campaign in Iran was close to wrapping up, while also warning that more strikes could come in the next two to three weeks. Related Reading: Bitcoin Ends 5-Month Losing Run — Real Reversal Or Just April Fool’s Hype? Markets Move First Bitcoin fell about 2% during the speech, and the price was later reported at $66,400, down from where it started the address. Oil moved the other way, with crude rising to $103.55 a barrel after easing earlier in the week.....
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The missiles started flying, and so did the sell orders. Within hours of the US and Israel launching coordinated strikes on Iran, Bitcoin had dropped as much as 3.8% to $63,038, Ethereum had fallen nearly 9%, and more than 152,000 traders had been liquidated across crypto markets. With traditional stock and bond markets closed for the weekend, digital assets absorbed the full force of the panic — alone. Related Reading: Bitcoin Sell-Off Slows Down, But The Road To Recovery Is Long — Analyst US And Israel Hit Iran’s Military And Nuclear Sites US President Donald Trump confirmed on....
Bitcoin moved back above $72,000 after US President Donald Trump said he would pause military action against Iran for two weeks, a shift that quickly eased pressure across markets. Related Reading: North Korean Agents Have Been Inside DeFi For Nearly A Decade, Researcher Says The move came after days of rising tension and landed just […]
US President Donald Trump formally sent the nomination of pro-Bitcoin Kevin Warsh to the US Senate on Wednesday, beginning a process that could replace Jerome Powell when his term ends in May. Related Reading: US Moves Bitcoin During Iran Strikes — Market Watches Closely Reports say the White House filed paperwork to seat Warsh as […]
US President Donald Trump took to Truth Social to announce that the Strait of Hormuz is now fully open for passage — a declaration that came hours after Iran’s Foreign Minister, Abbas Araghchi, confirmed the waterway would be unblocked for all commercial vessels during the remaining period of the US-Iran ceasefire. Related Reading: Bitcoin, Ethereum Trading Expands As Charles Schwab Enters Crypto Market Trump Weighs In As Bitcoin Climbs Bitcoin reacted fast. The leading cryptocurrency jumped sharply after Araghchi’s announcement and rose above $77,000 — its highest mark since....
The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate. This decline, which saw the Bitcoin price drop approximately 4% to around $99,300, coincided with a broader market sell-off, with Ethereum (ETH) experiencing an even sharper decline of nearly 10%. Overall, the total cryptocurrency market took a significant hit, falling about 7% in just 24 hours. Geopolitical Unrest And Tariff Troubles The timing of this downturn was particularly....