CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1961.44, down 3.1% (-62.25) since 4 p.m. ET on Wednesday. One of the 20 assets is trading higher. Leaders: XLM (+10.5%) and HBAR (-1.7%). Laggards: NEAR (-12.2%) and BCH
While the end of the months-long war between the US and Iran was expected, the renewed intensification of tensions and the combination of Fed interest rate uncertainty stemming from war-induced inflation are continuing to put downward pressure on Bitcoin ($BTC). At this point, $BTC has fallen as low as $73,000 during the day, and market
Charles Hoskinson says he remains deeply committed to the blockchain industry because he believes decentralization can reshape the global financial system and improve economic access for billions of people. He shared this view at the Bermuda Digital Finance Forum in May 2026. The Cardano founder reflected on his 12-year journey in crypto and explained why
Bitcoin held a narrow intraday range of $72,622 to $76,047 on Thursday, as bears maintained structural control across multiple timeframes. Price action on the 1-hour, 4-hour, and daily charts all pointed to a market searching for directional conviction near multi-week lows. Key Takeaways: $BTC printed a May 28 intraday high of $76,047, staying well below
Bitcoin fell below $73,000 to the lowest level since April 13 on Thursday as renewed fighting between the U.S. and Iran rattled global markets, pushing oil higher and dimming hopes for a permanent ceasefire. The selloff followed U.S. strikes in southern Iran. Iran’s Revolutionary Guards said they retaliated by targeting the American base used to
US stock index futures edged lower on Thursday as escalating tensions between the United States and Iran weighed on investor sentiment ahead of a closely watched inflation report that could influence interest rate expectations. Tehran targeted a US airbase after Washington launched fresh strikes, adding to geopolitical uncertainty. The move came hours after President Donald
Bitcoin is currently retesting the support trendline of a multi-year wedge and losing it could lead to its largest weekly candle loss in years. MichaelXBT, a well-known crypto market commentator, was first to call attention to this structure. His commentary comes as Bitcoin ($BTC) collapses below the $74,000 price mark for the first time in
Strategy (formerly MicroStrategy) told preferred shareholders that its so-called USD Reserve was their safety net. Half a year later, it drained most of it to retire zero-coupon debt that was costing the company nothing in interest. Indeed, in December, Michael Saylor’s Strategy said it established a $1.44 billion USD Reserve “to support the payment of
Bitcoin is down 3.35% over the past 24 hours to $73,281.93, underperforming an already weakening crypto market as renewed Middle East tensions and heavy institutional selling pressure continue weighing on risk assets. The asset is also showing a strong 83.6% correlation with gold, signaling that macroeconomic fears are heavily influencing current price action. Amid the
Thursday’s PCE report is now the main macro event for global markets. Core PCE is expected at 0.28% month-over-month and 3.3% year-over-year. On the other hand, Headline PCE estimates sit at 0.44% monthly and 3.8% annually, according to median forecasts shared by the Wall Street Journal’s Chief Economics Correspondent Nick Timiraos. If the numbers land