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Bitcoin (BTC) stayed below $62,000 after Wednesday’s Wall Street open as US president Donald Trump closing a key world oil route. Key points: Bitcoin drops to $61,500 as Trump says that the ceasefire with Iran is “over.” Both sides reportedly threaten to close the Strait of Hormuz, sending oil prices soaring. Bitcoin traders anticipate new lows, but analysis sees Trump sweetening the mood later. Bitcoin gives back gains as Trump says Iran ceasefire “over” Data from TradingView showed daily BTC price downside circling 2.5% as markets reacted to the collapse of the US-Iran ceasefire. BTC/USD one-hour chart. Source: Cointelegraph/TradingView “To me, I think it’s over,” Trump said about the ceasefire during a press conference at the NATO summit in Ankara, Turkey. Additional reports claimed that both the US and Iran were considering reimposing a blockade of the Strait of Hormu
Escalating Israeli-Iran tensions could destabilize regional peace efforts, hinder nuclear inspections, and complicate U.S. diplomatic initiatives.
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EUR/USD holds firm on Wednesday after reversing earlier losses triggered by renewed tensions between the United States (US) and Iran, while traders digest the June Federal Open Market Committee (FOMC) meeting minutes. At the time of writing, the pair is trading around 1.1427 after hitting an intraday low of 1.1391. The US Dollar (USD) saw little immediate reaction to the minutes, suggesting much of the Federal Reserve’s (Fed) message was already reflected in market pricing. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is trading around 100.97, easing from an intraday high of 101.27. Officials remained cautious about inflation, which remains well above the central bank’s 2% target, while describing labor market conditions as balanced. Policymakers also signaled that the future path of interest rates will depend on
Iran's vow to retaliate heightens tensions, complicating peace efforts and reducing market confidence in a US-Iran deal by 2026.
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Escalating tensions may hinder diplomatic efforts, reducing chances for a U.S.-Iran deal and impacting regional stability and economic prospects.
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Fidelity Investments’ Director of Global Macro, Jurrien Timmer, recently shared an updated rendition of the firm’s famous “Periodic Table of Investment Returns.” The performance leaderboard shows that the high-flying gains seen in certain global equities stood in sharp contrast to a painful cooling-off period for traditional safe havens and alternative assets. The periodic table below shows the leaderboard through June. EM, small caps, Japan at the top and Bitcoin, gold, and bonds at the bottom. pic.twitter.com/Wb4lA9cOcd — Jurrien Timmer (@TimmerFidelity) July 8, 2026 Winners and losers Emerging markets, small-cap equities, and Japanese markets successfully claimed the top spots on the leaderboard; Bitcoin, gold, and long-term bonds languished at the very bottom of the performance matrix. A closer, detailed inspection of the periodic table’s historical architecture demonstrates how radically t
MicroStrategy has spent years turning Bitcoin treasury management into a public-company identity. Michael Saylor’s latest Bitcoin Yield update keeps that strategy in focus, especially as investors continue to ask how muc
The explosion in Bandar Abbas may destabilize Iran's regime, affecting leadership confidence and escalating regional tensions.
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The escalating military tensions could destabilize regional security, impacting global markets and increasing the risk of prolonged conflict.
The post Explosions in Bandar Abbas, Iran activate air-defense systems amid US tensions appeared first on Crypto Briefing.