The Middle East conflict is driving up oil prices, raising US inflation risk, and placing Bitcoin ($BTC) in a macroeconomic stress test. The key question that arises is: how will the largest cryptocurrency fare amid war tensions and a potential recession? Bloomberg Maps Three Oil Price Scenarios About a fifth of the world’s oil and
The Bitcoin Policy Institute (BPI) says it will push the US Federal Reserve to change how Bitcoin is treated, as the central bank is set to issue rules on how banks should implement international guidelines for asset risk weighting. “BPI will be reviewing this proposal closely and submitting a public comment to ensure that US
Cryptocurrency analytics company Santiment has highlighted the relationship between $USDT address activity on $BNB Chain and the Bitcoin price. According to the on-chain data shared by the company, sudden increases in active $USDT addresses on the $BNB Chain network have often resulted in a recovery in the Bitcoin price in the past. According to an
Global financial markets are once again facing rising geopolitical uncertainty. Oil prices are climbing as tensions escalate across key energy regions, while governments and energy companies move quickly to protect critical infrastructure. A new development illustrates how rapidly the global energy landscape is evolving. The world’s largest oil producer, Saudi Aramco, is reportedly in talks
Bitcoin ($BTC) and gold continue to move in opposite directions. In this context, JPMorgan has revealed the latest data between $BTC and gold and the sharp divergence between them. US banking giant JPMorgan stated that $BTC and gold ETFs have seen opposing flows since the US-Iran war. According to The Block, JPMorgan analysts have noted
Many see bitcoin $BTC$71,329.00 as a safe-haven and store-of-value asset, like gold. But some currency traders treat it as a lead indicator for broader market mood, and they’ve been proven right again: Before finding stability near $70,000 recently, bitcoin plunged sharply, presaging the ongoing global stock market swoon. Bitcoin’s price peaked above $126,000 in early
In the cryptocurrency market, Bitcoin, which has recently shown bullish signals, is beginning to face significant technical resistance levels. Crypto analyst Murphy Chen stated that Bitcoin could encounter strong selling pressure in the short term at the $74,000 and $78,880 levels. In an analysis shared by Chen on the social media platform X, it was
Bitcoin $BTC$69,873.58 held firm near $71,000 on Friday, extending a quiet stretch of consolidation that has kept the crypto market largely unmoved by turbulence in global equities. $BTC traded around $71,300 in early trading, up roughly 2.6% over the past 24 hours and slightly higher on the week. Ether (ETH) changed hands near $2,117, gaining
TL;DR Bitcoin funding rate turned negative, signaling short sellers dominate the market. Institutional ETF inflows counterweight bearish sentiment, limiting downside toward $66,000. Gold tops $5,100, challenging bitcoin’s narrative as a store of value. Perpetual Bitcoin contracts recorded an annualized funding rate of -7% on Thursday, a reading that signals short sellers are paying to keep