Bitcoin Holds Steady As Middle East Conflict Rattles Markets
War is burning across the Middle East. Oil prices are climbing. Stock markets in Asia have taken a hit. And yet, Bitcoin is still standing above $66,000 — a fact that has caught the attention of analysts keeping a close eye on the market. Calm Where There Should Be Panic The group most closely watched…
Iran’s Crypto Market Shaken As Outflows Skyrocket 700%
Hours after explosions were reported in Tehran, digital money began moving. Reports say cryptocurrency withdrawals from Iran’s largest exchange jumped sharply as news of US and Israeli airstrikes spread across the country. Blockchain data reviewed by analytics firms shows outflows rising about 700% in a short window, a spike that stood out against normal daily…
Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran
The missiles started flying, and so did the sell orders. Within hours of the US and Israel launching coordinated strikes on Iran, Bitcoin had dropped as much as 3.8% to $63,038, Ethereum had fallen nearly 9%, and more than 152,000 traders had been liquidated across crypto markets. With traditional stock and bond markets closed for…
Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall
Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer…
Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt
A sudden wave of selling hit crypto markets in the early hours of Friday, as reports of an Israeli airstrike on Iran set off fresh jitters. Bitcoin sank 5%, slipping under the $104,000 mark. Altcoins fared worse, with losses ranging from 6% to 9%. Based on reports from Coinglass, more than $1 billion was wiped…