Escalating US-Iran tensions could destabilize global markets, impacting energy and crypto sectors, while increasing regulatory scrutiny on digital assets.
The post US military strikes Iran after drone attacks on ships, Bitcoin dips below $80K as crypto markets rattle appeared first on Crypto Briefing.
Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $76,200 support zone. BTC remained in a bearish zone and extended losses below the $75,800 level. There was a move below the $75,500 level. The price even dipped below $75,000. A low was formed at $74,050 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Bitcoin is now trading below $75,000 and the 100 hourly simple moving avera
A market analyst has issued a fresh warning on Bitcoin (BTC), pointing to a shift in the cryptocurrency’s risk index as it moves back into a high-risk zone. The update comes as key price levels are broken and signs of weakness begin to emerge, raising concerns that BTC’s recovery may be losing momentum and a […]
The airstrikes highlight crypto's role in conflict zones, signaling potential shifts in global financial systems and regulatory landscapes.
The post US conducts airstrikes on Iranian military site near Hormuz as Bitcoin slides to $79K appeared first on Crypto Briefing.
China's reduced oil imports highlight vulnerabilities in global supply chains, impacting refinery margins and potentially altering energy markets.
The post China’s crude oil imports plunge to pandemic-era lows as Iran conflict chokes supply lines appeared first on Crypto Briefing.
The military escalation near Hormuz risks destabilizing global oil markets, impacting energy security and financial markets worldwide.
The post US military conducts defensive airstrikes on Iranian targets near Strait of Hormuz appeared first on Crypto Briefing.
Trump vowed to cement a durable U.S. crypto framework, saying his administration will protect digital asset markets from future political reversals. He also pledged that his administration would “never let crypto down,” tying bitcoin, exchanges, and digital asset innovation to America’s financial future. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified […]
Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and Tuesday’s session added another ugly chapter to that streak. Related Reading: HYPE Price Breakout Ignites Rally Talk Toward $170 Target A Sell Order Like No Other A single trader sold over 29 million shares of BlackRock’s iShares Bitcoin Trust ETF on Tuesday through a dark pool, a private trading platform used by institutions to quietly execute large orders away from public markets. The transaction, valued at $1.3 billion, was executed at $43.16 per share at 2:30 pm UTC. Alex Thorn, head of firmwide research at Galaxy Digital, said it was the biggest dark pool trade in the fund he had ever seen. Bloomberg ETF analyst Eric Balchunas added more weight to that claim, pointing out that the sell order was more than 22 times larger than the second-biggest IBIT sell order recorded on the same day. The identity of the trader has not been dis
