On Tuesday, Bitcoin stabilised after the largest corporate holder of the cryptocurrency, Strategy, used the recent price decline to buy more, while tensions in the Middle East eased, bringing some relief to crypto markets.
Bitcoin fell on Monday, remaining near a two-month low as risk appetite weakened amid renewed military clashes between the United States and Iran, while hopes for a peace agreement faded.
Bitcoin traded almost unchanged on Sunday as CME Group launched round-the-clock trading for cryptocurrency futures and options, expanding access to regulated crypto derivatives markets.
Bitcoin traded in a sideways range on Saturday after falling to a seven-week low near $72,000 in the previous session, pressured by unresolved tensions between the United States and Iran and weaker demand for exchange-traded funds (ETFs).
Bitcoin edged higher above the $77,000 mark on Wednesday as investors cautiously assessed signs of progress in US-Iran peace talks, although rising Treasury yields and caution ahead of Nvidia’s earnings report limited broader risk appetite.
Bitcoin stabilized below the $77,000 level on Tuesday after posting losses during four consecutive trading sessions. Investors continued monitoring developments surrounding Iran while assessing the impact of surging oil prices on inflation and US interest rate expectations.
On Wednesday, Bitcoin remained mostly unchanged, holding near the $81,000 level as investors awaited new signals from the upcoming U.S.-China summit. Caution surrounding Iran and interest rates also continued to limit market activity.
Bitcoin was little changed on Tuesday, holding within a narrow trading range as fading hopes for a peace agreement between the United States and Iran, along with caution ahead of key inflation data, kept the cryptocurrency market on edge.
After reaching a peak of $82,458 on Sunday evening, Bitcoin spent Monday repeatedly testing resistance around the $82,000 level.
Bitcoin stabilized on Monday after giving up most of its weekend gains amid escalating tensions surrounding Iran, which offset optimism over progress in establishing a U.S. regulatory framework for cryptocurrencies.
Bitcoin slipped slightly from three-month highs on Thursday as the recent rally lost momentum after the largest corporate cryptocurrency holder, Strategy, stated that it may sell part of its holdings. Nevertheless, the crypto market and broader financial markets maintained a positive tone, as hopes for de-escalation in the conflict between the United States and Iran supported strong gains in risk assets.
Bitcoin remained steady around the $77,000 level on Wednesday as investors cautiously awaited the monetary policy decision from the Federal Reserve, while also assessing the impact of a potential prolonged U.S. blockade of Iran.
Bitcoin rose 1.2% to $78,263.1 as of 07:54 GMT on Sunday, despite worsening prospects for a peace settlement between the U.S. and Iran: Trump withdrew his envoys from Islamabad after Tehran stated that Washington must lift its port blockade before negotiations can begin.
Bitcoin remained steady on Wednesday after surging above $74,000 in the previous session, supported by improved global risk sentiment and hopes for renewed diplomacy between the U.S. and Iran.
Bitcoin fell on Monday, extending weekend losses after risk appetite was battered by the U.S. and Iran making little headway in ceasefire talks, with Washington now pursuing a naval blockade of Tehran. The world’s largest cryptocurrency fell 0.9% to $71,022.5 by 06:30 GMT, reversing course after news of the ceasefire talks spurred some gains last week.
Bitcoin rose on Friday, with crypto markets showing cautious optimism ahead of potential ceasefire talks between the United States and Iran, while anticipation of key inflation data also kept sentiment restrained.
Українська
Русский
English