Bitcoin News
By Julie Binoche
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Hormuz, Houthis, and Two Chokepoints Under Pressure. The flashpoint here is the Strait of Hormuz — a narrow passage through which nearly 20 million…
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Bitcoin Caught in the Crossfire. Bitcoin's 2% drop probably isn't surprising to anyone who's watched crypto during past…
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What Traders Are Watching Now. The Red Sea situation adds another layer. Houthi attacks on Saudi ships in the Bab el-Mandeb…
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Oil markets are on edge. Trump is nearing a decision on a military strike against Iran — one he's described as potentially larger than Operation Epic Fury, the previous US…
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He hasn't finalized the order yet. But that ambiguity alone is enough to rattle traders across both oil and crypto markets. Brent crude is holding above $100.
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The US and Iran had a brief ceasefire in late June. It didn't hold. Hostilities picked back up, and Trump has publicly pinned responsibility for the renewed escalation on Iran.
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The US withdrawal from an agreement with Iran on July 8 already sent shockwaves through oil and crypto markets, showing just how tightly these sectors can move together when…
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Bitcoin's 2% drop probably isn't surprising to anyone who's watched crypto during past geopolitical flare-ups. Risk-off sentiment tends to hit crypto hard and fast.
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Read also: Bitcoin Drops as Clarity Act Odds Fall to 38% and Oil Costs Climb
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The $64,755 level isn't a catastrophic drop, but the directionlessness over the past week is maybe more telling than the percentage move. Markets don't like uncertainty.
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It's a murky environment for anyone trying to make a directional bet.
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Oil traders are in a similar position, though the stakes feel more direct. If a larger US military operation does go ahead — something bigger than Operation Epic Fury — the…
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Read also: BlackRock, Coinbase, and Strategy Back $15M Push to Quantum-Proof Bitcoin Network
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And crypto tends to follow broader risk sentiment in moments like this. Bitcoin isn't an inflation hedge in the short term — it's pretty much a risk asset, and it trades like one…
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Trump's lack of a firm timeline is the central problem for markets right now. No deadline means no clarity, and no clarity means volatility can spike in either direction on a…
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