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The post Bitcoin Drops Below $78,000 as Iran Makes Latest Threat on Hormuz appeared on BitcoinEthereumNews.com. Bitcoin (BTC) extended losses into Saturday. Iran’s threat to charge tolls on Strait of Hormuz shipping kept pressure on global risk assets. The two-day selloff has now erased over $80 billion in crypto market value. The pioneer crypto traded near $77,947 after dropping below $78,000. Leveraged longs absorbed the bulk of a reported $620 million in 24-hour liquidations. Profit-Taking After CLARITY Vote Set Up the Slide Saturday’s move builds on a sharper drop earlier in the week. The Senate Banking Committee passed the CLARITY Act on Wednesday by a 15-9 vote, briefly pushing BTC above $82,000 before profits got booked. Bitcoin (BTC) Price Performance. Source: TradingView Analyst Crypto with Harris described the reversal as a textbook profit-taking move. Traders had spent weeks pricing in regulatory progress, and the formal committee vote removed the catalyst. 🚨 Why did Bitcoi
Read full articleIran's new platform could reshape maritime insurance dynamics, challenge US sanctions, and influence crypto's role in global trade logistics. The post Iran launches Hormuz Safe maritime insurance platform for vessels in Strait of Hormuz appeared first on Crypto Briefing.
SUI holds key 1.055 support after resistance rejection, while traders track Bitcoin’s higher-timeframe resistance. SUI faced a sharp rejection from resistance as traders turned their attention to the 1.055 support level. The weekly close is now the main focus, as a hold above this zone could allow another resistance test. Bitcoin’s position near higher-timeframe resistance […] The post SUI Faces Resistance Rejection As Traders Watch Key Support At 1.055 appeared first on Live Bitcoin News.
Increased U.S. involvement in Iran could shift political dynamics, impacting midterm elections and Trump's Nobel Peace Prize prospects. The post Trump post suggests increased US involvement in Iran conflict amid midterms appeared first on Crypto Briefing.
Bitcoin trades near $78K as liquidity builds around $80K, with key BTC levels at $92K, $98K, $71K and $65K. Bitcoin liquidity is building near $78K as BTC/USD trades close to the $80K region. The daily chart shows price moving in a tight range after a sharp retreat from higher levels. Traders are tracking nearby liquidity […] The post Bitcoin Liquidity Builds Near 78K As Price Compresses Around 80K appeared first on Live Bitcoin News.
Broader tech allocations in the same filing show a parallel bet on AI and infrastructure alongside crypto-linked assets.
The Bitcoin price has surged towards the $80,000 mark over the past few weeks, signaling an ongoing resurgence from the bear-market lows observed in the first quarter of 2026. However, the premier cryptocurrency appears to have run out of the bullish impetus to sustain its current recovery, as it hovers around a psychological price level. Interestingly, the latest on-chain data shows that the Bitcoin price could be forming a consolidation range around the $80,000 region. Weak Coinbase Demand, Zero Binance Sell Pressure Forms ‘Equilibrium Of Apathy’: Analyst In a May 15 post on the social media platform X, market analyst CryptoOnchain revealed that a “Low-Velocity Consolidation” setup seems to be forming in the current Bitcoin price structure. This evaluation is based on a confluence of three on-chain signals over the past couple of weeks. Related Reading: Ethereum Network Registers Strongest Profit Realization In Weeks — What This Means Firstly, CryptoOnchain shared that the Network Va
The reopening of Iran's stock market amid sanctions and war-related challenges could lead to volatility, testing investor confidence and market stability. The post Iran reopens stock market on Tuesday after 80-day closure appeared first on Crypto Briefing.
While reports tied to onchain-tracked wallets have widely circulated claims that Bhutan has been reducing its bitcoin holdings over the past year, Druk Holding and Investments (DHI) told the media the firm does not “recall” the last time the entity sold BTC. Arkham Tracks Bhutan BTC Falling From 13K, While Druk Holding and Investments Boss […]
