Cointelegraph·
Bitcoin price pressure took BTC toward the "crucial" $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire.
Read full articleHeightened geopolitical tensions can destabilize global markets, prompting investors to reassess risk strategies and diversify portfolios. The post Israel raises alert level to maximum amid Iran war fears, rattling crypto markets appeared first on Crypto Briefing.
The post Trump Says U.S. Will Likely Strike Iran Again—After Declaring Ceasefire ‘Over’ appeared on BitcoinEthereumNews.com. Topline President Donald Trump said the U.S. would “probably” hit Iran with strikes again on Wednesday night, telling reporters at a NATO summit “they are behaving very badly” before implying the U.S. could target Iran’s bridges, power plants and desalination plants and speculating about possibly seizing Kharg Island, where Iran has oil facilities. The U.S. launched renewed strikes on Iran on Tuesday in response to Iranian attacks on ships in the Strait of Hormuz. Getty Images Key Facts “We hit them very hard last night,” Trump told reporters at a NATO summit in Turkey, before quickly adding “we’ll probably hit them hard again tonight”—offering Iran what he called “a little warning.” Later, Trump said the U.S. wasn’t even “attacking at the highest level,” before speculating that the U.S. could “in one day, we knock down every single bridge in Iran, there’s not a
The closure of the Strait of Hormuz exacerbates global energy instability, heightening inflation risks and complicating diplomatic resolutions. The post Iran closes Strait of Hormuz, escalating US-Israel conflict appeared first on Crypto Briefing.
The post Altcoin Market Reaches Extreme Underperformance, 40% of Coins Trade Near Their ATL appeared on BitcoinEthereumNews.com. One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily. The bear cycle is heavily affecting altcoins as expected. With bitcoin (BTC) struggling to remain above $60,000, this group of cryptocurrencies is having it worse. A report from the market analysis platform CryptoQuant revealed that about 40% of altcoins are currently trading around their all-time low (ATL). This dynamic reflects an extreme level of underperformance among most projects. Altcoins in Extreme Underperformance According to CryptoQuant analyst Darkfost, the extreme underperformance of altcoins reflects the harsh reality facing projects that chose to launch tokens. The analyst said he initially built the Percentage of Altcoins Near ATL chart to visualize coins trading below 25% of their all-time low, only
The post Ethereum and Bitcoin face historic supply squeeze – THESE 2 metrics reveal what’s next appeared on BitcoinEthereumNews.com. Despite months of market volatility, Ethereum and Bitcoin holders continue showing little interest in returning coins to exchanges. This does represent much more than decreased investor trading enthusiasm. Persistent withdrawals continued reducing the amount of liquid supply available on the market. As of press time, the total number of Bitcoins stored on exchanges was at an all-time low for any time period since 2017. At the same time, the total number of Ethereum [ETH] stored on exchanges was also at an all-time low for any time period since 2015. Source: Santiment Simultaneously, ongoing negative Netflows indicate that institutional and longer-term holders prefer to store their coins using self-custody models such as ETFs or corporate treasuries rather than storing them on exchanges. Therefore, this migration will remove additional coins from potential
One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily.
The post US-Iran War Update: Trump Signals More Strikes on Iran Tonight appeared on BitcoinEthereumNews.com. US President Donald Trump has signaled that they will continue their military strikes against Iran tonight after he accused Iran of violating the MOU they earlier agreed on. Bitcoin has fallen below the psychological $62,000 level as the US-Iran war escalates again after Trump declared that the ceasefire is over. US-Iran War Escalates As Trump Warns Of More Strikes Tonight Speaking at the NATO Summit in Ankara, President Trump said that they will probably hit Iran hard again tonight while acknowledging that they had carried out strikes on Iran last night. “There’s something wrong with these people. For 47 years, they’ve been the bully of the Middle East. It’s very simple: they can’t have a nuclear weapon,” he said. This follows the president’s statement that the Iran MOU is now over after accusing them of ceasefire violations. President Trump also cast doubts about reaching a pe
Trump's claim highlights potential for renewed conflict, affecting regional stability and market confidence in Iran's leadership continuity. The post Trump claims top spot on Iran’s kill list amid ongoing tensions appeared first on Crypto Briefing.
