US military strikes multiple targets in Iran as Bitcoin slides toward $61K

Since hitting a new low at around $59,100, the $BTC price has been trading sideways and slightly upward - the typical trajectory of a bear flag. This could mean some relief in the short term, but if the bear flag plays out, stand by for another leg down to what could be a sub-$50K Bitcoin.

BEAT continues to steal the show, posting another massive surge of over 50% in the past 24 hours.

Bitcoin has confirmed a major rounding top breakdown after losing the $65,000 support zone, with technical indicators and derivatives positioning pointing to a possible decline toward the mid-$40,000 range. According to data from crypto.news, Bitcoin (BTC) price traded near $62,900…

Institutional selling in the Bitcoin market has reached a new record, with massive entities shedding supply equal to 460% of the daily mining output. Bitcoin Institutions Have Taken To Notable Net Selling As explained by Capriole Investments founder Charles Edwards in an X post, institutions are participating in a record amount of Bitcoin selling. The […]

Escalating US-Iran tensions could destabilize global markets, impacting oil prices and creating volatility in cryptocurrency and commodities trading. The post US launches fresh attacks on Iran as fighter jets fly over Bandar Abbas appeared first on Crypto Briefing.

The closure of the Strait of Hormuz could trigger global economic instability, heightening energy market volatility and geopolitical tensions. The post Iran closes Strait of Hormuz as US tensions escalate, Bitcoin-backed insurance enters the picture appeared first on Crypto Briefing.

Escalating US-Iran tensions could destabilize global markets, with crypto facing heightened volatility and potential regulatory impacts. The post US strikes target Islamic Republic military base in Kamalshahr as Iran conflict escalates appeared first on Crypto Briefing.

Fold Holdings recently sold $45 million in bitcoin and used the proceeds to pay off $20 million in bitcoin-collateralized loans. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin. From the proceeds, Fold repaid […]