The US and Iran said they reached an interim agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday. The price of bitcoin BTC$65,675.25 has risen to $65,700, up 2% over the past 24 hours,… Read More
The risk-off mood that hammered crypto all week is reversing. Bitcoin is back in the green, and the trigger was a sudden de-escalation in the Iran war. Bitcoin traded at $63,550 on Friday, up 1.6% on the day and 1.4% over the week, per CoinDesk… Read More
Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
Risk markets, including bitcoin BTC$69,132.12, staged a late-day rally Tuesday after Axios reported Iran’s positive reception to Pakistan’s request for a two-week ceasefire. “The President has been made been aware of the proposal, and a response will come,” said White House Press Secretary Karoline Leavit,… Read More
Bitcoin BTC$69,787.83 climbed to near $70,000 as traders reacted to signs of possible de-escalation in the Iran war and amid a short squeeze that liquidated more than $270 million in shorts. Crypto prices rose, along with equity index futures and equities, as Axios reported that… Read More
