The post Bitcoin Slips Below $62K as US-Iran Ceasefire Collapse Rattles Markets appeared on BitcoinEthereumNews.com.
Bitcoin News Bitcoin (BTC) slid below $62,000 after the US-Iran ceasefire collapsed, pulling the largest cryptocurrency down roughly 2.5% on the day. Sellers returned to Bitcoin once President Donald Trump declared the truce with Tehran was, in his words, over, during a press conference at the NATO summit in Ankara. The asset had traded above $64,000 only hours earlier before the risk-off wave took hold. Traders trimmed exposure across risk assets as geopolitical uncertainty resurfaced, and market watchers flagged a daily close under $62,000 as the trigger that would open the door toward the $60,000 zone. For a primer, see Bitcoin. The escalation reverberated fastest through energy markets. US WTI crude oil pushed past $75 per barrel, its highest level since June 22, after having traded under $67.50 on hopes that regional tensions would cool. Those hopes reversed sharply
The post Bitcoin Battles Downside as Iran Ceasefire Failure Sends Oil Past $75 appeared on BitcoinEthereumNews.com.
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
The post Canadian Dollar strengthens on Oil rally as Fed, jobs data loom appeared on BitcoinEthereumNews.com.
USD/CAD trades around 1.4190 at the time of writing on Wednesday, down 0.10% on the day, as the Canadian Dollar (CAD) benefits from a sharp rebound in Oil prices fueled by renewed geopolitical tensions in the Middle East. United States (US) President Donald Trump said that the memorandum of understanding aimed at ending the conflict with Iran is now “over” and that he no longer wants to negotiate with Tehran. He also stated that the United States could launch new strikes against Iran as early as Wednesday night, raising the possibility of targeting strategic infrastructure, including the country’s electricity grid, water treatment facilities and Kharg Island, Iran’s main Oil export terminal. These remarks have reignited concerns about global Oil supply disruptions, with the Strait of Hormuz remaining at the center of investors’ attention. The strategic waterway handles around o
The post Bitcoin Critic Peter Schiff Predicts Lawsuits Over Trump-Linked Crypto and Stock Sales appeared on BitcoinEthereumNews.com.
Key Insights Peter Schiff says Trump-linked crypto losses could lead to investor lawsuits. He says Democrats may use the controversy in political ads. Schiff also called Strategy a Ponzi after the company sold Bitcoin. Bitcoin critic Peter Schiff escalated his attacks on Trump-linked crypto ventures and Strategy’s Bitcoin model. He predicted investor losses could trigger lawsuits against the Trump Organization. Schiff also said Democrats may use the controversy in future political advertising. Separately, he attacked Strategy after the company disclosed a major Bitcoin sale. Peter Schiff Predicts Trump-Linked Investor Lawsuits Schiff focused his criticism on buyers of Trump-linked crypto assets and company shares. In an X post, he alleged that the Trump family made billions from public buyers. He argued that those gains reflected buyer losses rather than
A sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]
The post Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope appeared on BitcoinEthereumNews.com.
As Bitcoin‘s price nears the $65,000 mark, there’s renewed scrutiny on market signals hinting at a possible cycle bottom. Analysts are closely examining short-term investor actions and long-term technical trends to assess the potential for a market rebound. Continue Reading:Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope Source: https://en.bitcoinhaber.net/bitcoins-potential-turnaround-200-week-moving-average-offers-hope
The indefinite postponement of the merger raises concerns about investor confidence and the viability of large-scale Bitcoin treasury strategies.
The post BSTR Holdings and Cantor Fitzgerald scrap original de-SPAC merger terms, postpone shareholder vote indefinitely appeared first on Crypto Briefing.
Geopolitical tensions heighten market volatility, impacting crypto stability and signaling potential long-term risks for digital asset investments.
The post Solana falls below $77 as Iran ceasefire collapses, Bitcoin drops to $62K appeared first on Crypto Briefing.
