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The post Crypto Market Slips 1.24% as US Strikes on Iran Lift Oil appeared on BitcoinEthereumNews.com. The total cryptocurrency market fell 1.24% on Wednesday after the United States launched military strikes against Iran, lifting oil prices and pushing investors out of risk assets. Bitcoin (BTC), Ethereum (ETH), and most large tokens traded lower over the past 24 hours, though the majors held onto strong gains built over the past week. Oil Price Jumps as US Strikes Hit Iran CENTCOM said its forces struck Iran, revealing they hit more than 80 targets with precision munitions on July 7. The actions followed reports of Iranian attacks on three vessels in the Strait of Hormuz. The latest attacks tested a fragile ceasefire reached between Washington and Tehran last month. The military described the operation in a statement posted to social media. “The unwarranted aggression by Iranian forces is a clear and dangerous violation of the ceasefire and undermines freedom of navigation,” CENTCOM
Read full articleRising oil prices due to geopolitical tensions may exacerbate inflation, impacting global liquidity and delaying interest rate cuts, affecting Bitcoin. The post Bitcoin under pressure as US-Iran tensions drive oil prices up 13% appeared first on Crypto Briefing.
The post BTC, XRP, ETH news: Major tokens under pressure as U.S. attacks Iran appeared on BitcoinEthereumNews.com. Bitcoin BTC$62,830.35 and the broader cryptocurrency market came under pressure Tuesday after the US and Iran exchanged aerial strikes, sending the dollar higher. BTC, the leading cryptocurrency by market capitalization, slipped to $62,657 in Asian trading hours, down nearly 1% since midnight UTC, according to CoinDesk data. Ether (ETH), XRP (XRP), and solana (SOL) fell between 1% and 2.3%. WTI crude futures jumped more than 2% to $72.27, while the Dollar Index held steady above 101.00, maintaining Tuesday’s gains. The U.S. said it launched “powerful strikes” against Iran following attacks on three ships in the Strait of Hormuz, including Qatari and Saudi tankers. In response, Iran said it targeted “85 US military installations” in retaliation for strikes on its Hormozgan and Mahshahr provinces. The scale of the escalation appears to have pushed the two nations’ ceasefire
Khamenei's assassination may destabilize Iran's leadership, impacting regional alliances and market perceptions amid heightened geopolitical tensions. The post Iran funeral procession for Khamenei continues in Najaf amid tensions appeared first on Crypto Briefing.
The post Polymarket enables Bitcoin Lightning deposits powered by Spark appeared on BitcoinEthereumNews.com. Polymarket has enabled instant self-custodial Bitcoin deposits through the Lightning Network, using payment infrastructure from Spark. Summary Spark gives Polymarket faster Bitcoin funding while keeping deposits tied to users’ own wallet keys. Lightning deposits reduce confirmation delays that can matter when traders enter fast-moving live prediction markets. The upgrade arrives as Polymarket handles larger volumes while facing closer checks from global regulators. The update gives users a faster way to move BTC into the prediction market platform. Spark said users can now deposit Bitcoin into Polymarket with more speed and more privacy than the older on-chain method. The company said deposits that once required on-chain confirmation wait times can now settle in seconds. The feature follows Polymarket’s earlier move to support standard on-chain Bitcoin deposits in October 2025.
The escalation risks broader regional conflict and geopolitical instability, potentially impacting markets and increasing airspace closure odds. The post Iran strikes Bahrain, Kuwait sites amid US conflict escalation appeared first on Crypto Briefing.
Iran's new fees in the Strait of Hormuz could escalate oil prices, alter global trade dynamics, and deepen geopolitical divides. The post Iran plans fees for ships in Strait of Hormuz, raising global concerns about oil prices and crypto payments appeared first on Crypto Briefing.
Polymarket adds instant Bitcoin deposits via Lightning and Spark, cutting wait times while prediction-market trading activity keeps growing.
Iran's fee plan for the Strait of Hormuz could heighten geopolitical tensions, impacting global shipping costs and market stability. The post Iran plans fees for ships in Strait of Hormuz amid US tensions appeared first on Crypto Briefing.
