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The post Bitcoin Slips Below $62K as US-Iran Ceasefire Collapse Rattles Markets appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) slid below $62,000 after the US-Iran ceasefire collapsed, pulling the largest cryptocurrency down roughly 2.5% on the day. Sellers returned to Bitcoin once President Donald Trump declared the truce with Tehran was, in his words, over, during a press conference at the NATO summit in Ankara. The asset had traded above $64,000 only hours earlier before the risk-off wave took hold. Traders trimmed exposure across risk assets as geopolitical uncertainty resurfaced, and market watchers flagged a daily close under $62,000 as the trigger that would open the door toward the $60,000 zone. For a primer, see Bitcoin. The escalation reverberated fastest through energy markets. US WTI crude oil pushed past $75 per barrel, its highest level since June 22, after having traded under $67.50 on hopes that regional tensions would cool. Those hopes reversed sharply
Read full articleA sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]
The post Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope appeared on BitcoinEthereumNews.com. As Bitcoin‘s price nears the $65,000 mark, there’s renewed scrutiny on market signals hinting at a possible cycle bottom. Analysts are closely examining short-term investor actions and long-term technical trends to assess the potential for a market rebound. Continue Reading:Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope Source: https://en.bitcoinhaber.net/bitcoins-potential-turnaround-200-week-moving-average-offers-hope
The indefinite postponement of the merger raises concerns about investor confidence and the viability of large-scale Bitcoin treasury strategies. The post BSTR Holdings and Cantor Fitzgerald scrap original de-SPAC merger terms, postpone shareholder vote indefinitely appeared first on Crypto Briefing.
Geopolitical tensions heighten market volatility, impacting crypto stability and signaling potential long-term risks for digital asset investments. The post Solana falls below $77 as Iran ceasefire collapses, Bitcoin drops to $62K appeared first on Crypto Briefing.
The post British Pound holds firm as Hormuz shock lifts Oil, Dollar appeared on BitcoinEthereumNews.com. The Pound Sterling (GBP) posts modest gains during the North American session on Wednesday amid growing tensions in the Middle East, as US President Donald Trump’s said the deal with Iran was “over” after both countries exchanged attacks over the last couple of days. At the time of writing, the GBP/USD pair trades at 1.3371, up 0.09%. GBP/USD steadies as geopolitical risk offsets Dollar strength During the last couple of days, Tehran and Washington exchanged blows after Iran hit two vessels sailing through the Strait of Hormuz, triggering a response from the US. The US CENTCOM reported that it attacked 80 targets during the last two days. In addition to the attacks, the US reimposed sanctions on Iran’s Oil, while Trump threatened to resume the blockade in Hormuz. Energy prices jumped, with the US crude Oil benchmark, West Texas Intermediate (WTI), rising nearly 5% to $75.60. The US
The conflict's escalation risks regional stability, impacting global oil supply and causing significant capital outflows from the crypto market. The post Iran launches bombing spree against Kuwait and Bahrain as Bitcoin slides to $62,870 appeared first on Crypto Briefing.
The post Strike Launches Bitcoin Loans With No Price Liquidations appeared on BitcoinEthereumNews.com. Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike’s own FAQ. The product, called “volatility-proof loans,” strips out the 65% LTV warning, 70%… Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike’s own FAQ. The product, called “volatility-proof loans,” strips out the 65% LTV warning, 70% margin call and 85% automatic partial liquidation that apply to Strike’s standard bitcoin loan. Collateral stays untouched no matter how far bitcoin’s price falls, Strike says, as long as the borrower keeps making payments. Missing an interest or maturity payment still triggers a 10-day grace peri
Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…
