Live updates: Bitcoin slips below $63,000 as oil, yields climb
WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.
Oil
Prices retake $65,000 as oil slides, ETH outperforms
Risk-on peace trades are back in vogue after the U.S. and Iran held fire on Sunday, sending oil prices lower. Bitcoin BTC$65,485.12, the leading cryptocurrency by market value, is back above $65,000, with prices up about 1.2% over 24 hours. Ether (ETH) has risen by… Read More
Bitcoin flat near $64,000 as oil hits a one-month high and Kimi AI selloff lingers
Equities and technology bets are still recovering from Friday. Moonshot AI’s Kimi K3, a Chinese open-weight model that took the top spot in a widely watched coding benchmark, triggered a semiconductor selloff that dragged crypto down with it to close last week. The aftershock ran… Read More
What next as bitcoin (BTC) and Asian equities cheer oil price slide?
Bitcoin BTC$77,389.41 was slightly higher on Monday as a sharp decline in oil prices helped lift Asian stock markets. At 6:35 UTC, the leading cryptocurrency by market value traded near $77,200, up 0.4% from midnight UTC, according to CoinDesk data. At that level, bitcoin was… Read More
Oil jumps 7%, bitcoin extends losses
Oil futures surged on Hyperliquid after President Donald Trump ordered a naval blockade of the Strait of Hormuz, a major global supply chokepoint. The move came after Iran refused to give up its nuclear ambitions during peace talks in Islamabad earlier in the day. Perpetual… Read More
Investors need to brace for higher-for-longer interest rates after Middle East conflict shocks oil market
Since the Iran war began, the market narrative has been simple: the oil spike, inflationary impulse and wider market volatility will be temporary and die down once the conflict halts, allowing central banks to grease the economy and markets with easy money, as they have… Read More