Bitcoin climbed to its highest level in nearly two weeks after the US and Iran said they reached an agreement to end hostilities and reopen the Strait of Hormuz. The original cryptocurrency rose nearly 3 per cent in early Asia trading Monday and was around $65,400 at 9:30 a.m. in Singapore. Ether, the second-largest token, … Read more
Heightened hopes for a peace agreement between the U.S. and Iran lifted sentiment in the crypto market. The agreement is expected to extend the truce and ease the restrictions in the Strait of Hormuz. The decline in crude oil prices, along with the softness of the U.S. dollar, has enhanced sentiment towards digital assets. However, … Read more
Cryptocurrencies faced a notable drop in the past 24 hours, influenced by rising worries about a strict monetary policy approach from the Fed, triggered by persistent price pressures in the U.S. economy. Consumer price inflation readings for May are scheduled for release on Wednesday morning. The recent escalation in the Middle East has influenced sentiment … Read more
The bitcoin ETF bleed has permeated the entire crypto landscape. U.S. spot bitcoin funds experienced a significant outflow of $396.60 million on Wednesday, marking the continuation of a record streak with 13 consecutive sessions of withdrawals. This brings the total outflow to $4.37 billion since mid-May, as ether, solana, and XRP products also joined the … Read more
A record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs, coupled with a fresh rally in oil prices due to stalled U.S.-Iran ceasefire talks, has kept bitcoin at $73,389.38. This situation continues to put pressure on the wider crypto market, even as Wall Street’s AI trade drives global equities to new records during Asian … Read more
Bitcoin’s return to $100,000 remains a widely discussed objective within the market for 2026. However, a bearish perspective suggests that this goal is increasingly becoming less attainable as price movements show signs of weakening beneath the $80,000 threshold. This bearish outlook originated from a crypto analyst on the social media platform X, who forecasted that … Read more
As the crypto market evolves, the dynamic between Ethereum and Bitcoin is emerging as one of the most talked-about narratives. The ETH ecosystem is embarking on a new phase of growth, driven by scaling solutions, increasing staking participation, and a more efficient supply structure. These enhancements are consistently bolstering the ETH fundamentals and its long-term … Read more
The prospect of a possible deal between the US and Iran caused the price of Bitcoin to soar again after a dismal start to the weekend. However, the existing pricing structure implies that new investors would be catching a falling knife, ignoring the possible impact of recent geopolitical news or events. A chart on the … Read more
Bitcoin has experienced a tumultuous few weeks, highlighted by U.S. Secretary of War Pete Hegseth’s assertion that bitcoin is being wielded as a weapon against China, alongside Michael Saylor’s unexpected prediction regarding bitcoin’s price. The bitcoin price has skyrocketed from February lows of $60,000 per bitcoin to nearly $80,000, marking an increase of over 30% … Read more
A sense of careful hope fills the crypto markets as excitement grows in anticipation of the discussions between the U.S. and Iran. Positive inflows into Bitcoin and Ethereum Spot ETF products listed in the U.S. boosted market sentiment. Inline readings of headline inflation and core inflation levels that did not meet expectations from the U.S. … Read more