Bitcoin’s price sluggishness that began on Friday was interrupted by a quick but unsustainable surge to just over $79,000 on Sunday morning after the latest developments on the Iran-US front. This time, reports claimed that Iran had sent its latest peace proposal to the US, which was the reason behind the quick uptick. However, US […]
Widely followed analyst Benjamin Cowen said in an X post Thursday that crypto’s slide since early 2025 tracks a deeper loss of trust that began after Gary Gensler left the SEC, with Bitcoin falling from $109,000 then to about $75,000 now. His warning goes beyond crypto: he says cheering Jerome Powell’s exit from the Federal […]
Bitcoin broke out of the weekend slumber, surging to a 12-week peak of just under $80,000 before it was brutally rejected and driven south by roughly two grand in an hour or so. The most obvious reason behind this rather unexpected Monday morning pump came after reports emerged that Iran and the US could be […]
On Tuesday, Kevin Warsh, Donald Trump’s choice to replace Federal Reserve Chair Jerome Powell, testified before the Senate Banking Committee. He promised to be independent from the White House but did not promise to cut rates right away, leaving market watchers to try and figure out what a Warsh-led Fed would mean for liquidity and […]
It was another eventful weekend in which the two warring parties exchanged contrasting and confusing statements on what is happening with their ceasefire, whether any peace talks are scheduled, and what’s next. Perhaps the most worrisome part came just hours ago when both nations resumed the strikes against each other. Strikes Resumed At first, US […]
Bitcoin’s price was halted at its multi-month peak at over $78,000 on Friday, and the subsequent conflicting actions and statements from Iran and the US have led to another retracement to under $75,000 as of press time. The latest set of blame-throwing came minutes ago, as reports emerged that Iran believes they are “facing deception” […]
US President Trump, alongside Iran’s foreign minister, announced a major de-escalation yesterday on the war front, indicating that the Strait of Hormuz will finally be reopened. The statement had a major impact on almost all financial markets, especially oil, given the Strait’s significance. USOIL, for example, plunged by over 11%. It traded at $90 per […]
Bitcoin’s price ascent came to an end minutes ago as the asset was rejected at $75,000 and pushed south by two grand in minutes. The notable price decline came after the US jobs report for the past week came out, which was actually quite positive. The US Labor Department announced minutes ago that initial claims […]
US Vice President JD Vance said after the prolonged meeting that both parties have not reached an agreement as Iran chose “not to accept our terms.” Bitcoin’s price reacted with an immediate drop, tanking from the new three-week high of over $73,500 to under $71,500. The cryptocurrency exploded on Tuesday morning when US President Donald […]
The cryptocurrency market, which had its glory days in 2025, has been struggling over the past several months with numerous leading digital assets experiencing sharp price declines from their peak levels. The war between the United States and Iran has only intensified the overall uncertainty, while the two-week ceasefire, which was recently announced, finally gave […]