US-Iran | Crypto

Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate's data. It has slightly recovered to $73,274 […] The post Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows appeared first on CryptoSlate.

Bitcoin disappointed bulls by dropping below $75,000 on Iran peace deal reports while US stocks hit new all-time highs and oil saw one-month lows on Hormuz hopes. Bitcoin (BTC) fell back below $75,000 at Wednesday’s Wall Street open as relief over a US-Iran peace deal bypassed crypto. Key points: Read more

Nikkei reported on May 25 that the US and Iran were discussing a plan to open the Strait of Hormuz roughly 30 days from a final deal, with the early-April ceasefire extended for 60 days and nuclear talks held during that window. That relief setup for Bitcoin has already been tested. The US military said […] The post US-Iran 60-day ceasefire would keep Bitcoin hostage to macro uncertainty – Do new strikes change that? appeared first on CryptoSlate.

Bitcoin is entering one of its most consequential trading weeks since its February correction, with Middle East tensions pushing oil prices higher, inflation expectations hardening, and options traders positioning for a possible break above $85,000. According to CryptoSlate's data, the largest digital asset briefly dipped on Sunday after President Donald Trump rejected Iran’s latest response […] The post These forces could push Bitcoin higher this week even as US-Iran tensions continue to rattle markets appeared first on CryptoSlate.

Tehran is fighting a new price signal in public Mohammad Bagher Ghalibaf chose a strange phrase for a dangerous moment. In the middle of a live crisis around the Strait of Hormuz, Iran’s parliament speaker mocked “vibe-trading digital oil” and took a swipe at US Treasuries as well, turning a market argument into part of […] The post Crypto trading joins wartime propaganda as “digital oil” called out amid volatile US-Iran ceasefire trading appeared first on CryptoSlate.

Bitcoin bulls avoided a correction as US markets opened, but analysis warned that Strategy was responsible for much of the latest BTC price strength. Bitcoin (BTC) erased losses after Monday’s Wall Street open as markets largely shrugged off the return of the US-Iran war. Key points: Bitcoin joins stocks in a muted reaction to the latest US-Iran deterioration and closure of the Strait of Hormuz. Read more

Bitcoin briefly crashed below $74,000 on Sunday as Iran threatened retaliation for a US military seizure of an Iranian cargo ship. Bitcoin erased its weekend gains as it fell below $74,000 on Sunday after the US military seized an Iranian cargo ship, putting pressure on a ceasefire between the two countries.  Bitcoin (BTC) had soared above $78,300 late Friday on Coinbase, its highest price since early February, but dropped to between $75,000 and $76,000 over the weekend after Iran said it would close vital oil routes in the Strait of Hormuz. The cryptocurrency then sank sharply late on Sunday to briefly trade below $74,000 after the US military said it opened fire on, and later seized, an Iranian cargo ship it claimed tried to run its blockade of Iranian ports, with Tehran accusing the US of violating an agreed ceasefire.  Read more

Bitcoin price fell during Asian trading hours after a weekend diplomatic push between Washington and Tehran broke down and a new US maritime order raised fresh concern over energy flows from the Middle East. This pulled the top crypto lower alongside equities, reinforcing the market’s sensitivity to oil, inflation, and broader risk sentiment. According to […] The post Bitcoin price clings to $70,500 support after US-Iran talks collapse and oil spikes past $103 appeared first on CryptoSlate.

Bitcoin price sold off as negotiations to end the US-Iran war broke down and the Strait of Hormuz returned to the spotlight. Bitcoin (BTC) fell 3% to trade below $71,000 into Sunday’s weekly close after negotiations to end the US-Iran war broke down. Key points: Bitcoin shed its gains as negotiations between the US and Iran broke down. Read more

Lookonchain noted that the “yes” bets were placed at probabilities between 2.9% and 10.3%, with the three wallets placing their first bets within 26 hours of the announcement. Three newly created wallets profited a combined $484,575 on Polymarket betting that the US and Iran would agree to a ceasefire by Tuesday, in the latest event to raise suspicion of insider trading. The wallets were created and funded on Tuesday and had no prior onchain activity before betting on Polymarket’s “US x Iran ceasefire by April 7” market, blockchain data shared by Lookonchain revealed on Wednesday.  Polymarket data shows the profits secured by the three wallets were $200,525, $158,600 and $125,450 at the time of writing.  Read more

Hyperliquid’s HYPE token moved into the top 10 crypto assets by market capitalization, beating Cardano's ADA amid a 1,700-fold rise in trading volume tied to oil volatility during the US-Iran conflict. Notably, Bitcoin benefited significantly from the broader bid for crypto during the conflict, but HYPE gained a second channel as traders used Hyperliquid's platform […] The post Why the US-Iran conflict sent traders to Hyperliquid — and pushed HYPE into crypto’s top 10 appeared first on CryptoSlate.

The newly created Polymarket wallets placed bets on the timing of a US strike against Iran, buying shares hours before the first explosions were reported in Tehran. Six Polymarket traders earned roughly $1 million after accurately betting that the United States would strike Iran before the end of February, triggering insider trading suspicions. The six wallets were all created in February and placed nearly all of their activity on contracts predicting the timing of a potential US attack, Bloomberg reported, citing data shared by analytics firm Bubblemaps SA. In several cases, shares were purchased only hours before explosions were first reported in Tehran, with some contracts acquired for around $0.10, per the report. Read more