Oil spike hits Bitcoin near $62K as Polymarket pegs $52K at 99.9%

The post Iran’s Ghalibaf says any US military action will be met with retaliation appeared on BitcoinEthereumNews.com. Iranian Parliament speaker Mohammad Bagher Ghalibaf warned the United States (US) after two days of renewed US strikes, saying that any U.S. military action will prompt retaliation. Ghalibaf emphasized that access to the Strait of Hormuz remains under Iranian control. “America still hasn’t learned that bullying and breaking promises are no longer cost-free. Let me put it plainly: if you strike, you’ll get hit. Don’t flail around pointlessly, or you’ll sink even deeper: the Strait of Hormuz will only open with ‘Iranian arrangements,’ not American threats,” said Ghalibaf on X. The Kuwaiti military said on Thursday that the country’s air defenses are intercepting “hostile missile and drone attacks,” and Kuwait is responding to ‘hostile’ missile, drone attacks. Meanwhile, missile alerts are sounding in Bahrain and Qatar after the US launched fresh airstrikes against Iran.

The post US-Iran strikes hit Hormuz; Polymarket sees 4.5% chance of July traffic normal appeared on BitcoinEthereumNews.com. Alvin Lang Jul 08, 2026 22:03 Tuesday, US Central Command said it began strikes on Iran after Iranian attacks on three commercial vessels transiting the Strait of Hormuz, with Iran promising a “crushing response.” Polymarket US-Iran strikes hit Hormuz; Polymarket sees 4.5% chance of July traffic normal US Strikes on Iran Send Polymarket Odds Crashing for “Strait of Hormuz Traffic Returns to Normal by July 31?” The Strait of Hormuz remained under renewed security strain after the United States said it launched strikes on Iran in response to attacks on commercial vessels transiting the waterway. On Polymarket, the contract “Strait of Hormuz traffic returns to normal by July 31?” was priced at 4.5% for Yes, implying traders overwhelmingly expect disruptions to persist through the deadline. Key Takeaways Polymarket prices the leading outcome as No a

Geopolitical tensions could destabilize global markets, impacting energy costs and cryptocurrency volatility, with broader economic repercussions. The post IRGC strikes US bases in Kuwait and Bahrain as Bitcoin takes a hit from geopolitical shock appeared first on Crypto Briefing.

The renewed conflict in the Strait of Hormuz heightens geopolitical tensions, impacting global markets and potentially disrupting energy supplies. The post Bitcoin drops as Trump declares Iran ceasefire ‘over’ amid renewed Strait of Hormuz attacks appeared first on Crypto Briefing.

The post Kyiv hit before NATO Ankara summit as Polymarket puts Putin exit by 2027 at 18% appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 08, 2026 20:08 A Russian missile strike destroyed a residential building in Kyiv as crews cleared debris after an overnight barrage that killed at least 22 people, with Ukraine saying 68 missiles and 351 drones Kyiv hit before NATO Ankara summit as Polymarket puts Putin exit by 2027 at 18% Kyiv Missile Barrage Ahead of NATO Ankara Summit Pushes Polymarket “Putin Out by June 30, 2027” Odds to 18% Russian missile and drone strikes on Kyiv ahead of a NATO summit in Ankara sharpened focus on Vladimir Putin’s war strategy, as Ukraine’s leaders and analysts framed the barrage as both external signaling and domestic messaging. On Polymarket, the “Putin out as President of Russia by…?” ladder has repriced higher for the longest-dated step, with the June 30, 2027 line at 18% Yes (up from 8.5%). Key Takeaways Polymarket prices an 18% cha

The post Trump NATO rebuke hits Hormuz normalcy bet as Polymarket Yes slips to 58% appeared on BitcoinEthereumNews.com. Jessie A Ellis Jul 08, 2026 20:03 On July 7, 2026, Donald Trump faulted NATO allies for not backing the U.S. during its conflict with Iran, questioning the alliance’s burden-sharing. Trump NATO rebuke hits Hormuz normalcy bet as Polymarket Yes slips to 58% Trump Slams NATO Allies as Polymarket Reprices Strait of Hormuz Normal-Traffic Odds to 58% U.S. President Donald Trump’s criticism of NATO allies over support during a conflict with Iran coincided with a sharp repricing in Polymarket’s “Strait of Hormuz traffic returns to normal by December 31?” contract. The market’s implied probability for a return to normal traffic fell to 58% from 85.5%. Key Takeaways Polymarket prices a 58% chance that Strait of Hormuz traffic returns to normal by Dec. 31, with No at 42%. Traders marked down the contract after Trump criticized several NATO allies for refusing

The post China Producer Price Index (YoY) meets expectations (4.1%) in June appeared on BitcoinEthereumNews.com. Gold trades with a mild negative bias in the Asian session on Thursday, fading the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is supporting Gold. However, fresh US-Iran tensions drive Oil higher, reviving inflation concerns and limiting the USD’s downside and the bullion’s rebound. Source: https://www.fxstreet.com/news/china-producer-price-index-yoy-meets-expectations-41-in-june-202607090130

The post China Consumer Price Index (YoY) came in at 1% below forecasts (1.1%) in June appeared on BitcoinEthereumNews.com. Gold trades with a mild negative bias in the Asian session on Thursday, fading the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is supporting Gold. However, fresh US-Iran tensions drive Oil higher, reviving inflation concerns and limiting the USD’s downside and the bullion’s rebound. Source: https://www.fxstreet.com/news/china-consumer-price-index-yoy-came-in-at-1-below-forecasts-11-in-june-202607090130