Bitcoin paused its rally toward new range highs while the S&P 500 came within an inch of a fresh year-to-date high, leading analysts to warn that traders are overconfident. Bitcoin (BTC) circled $74,000 at Wednesday’s Wall Street open as US stocks edged higher on news that the US and Iran may be open to another round of ceasefire negotiations. Key points: Bitcoin consolidates as analysts warn that stocks may be too optimistic over geopolitical relief.
A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets. Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with positive sentiment. The crypto market surged to a total value of $2.6 trillion, its highest level for a month, liquidating 177,000 traders of $530 million over the past 24 hours, according to CoinGlass. The majority of liquidations occurred in the past 12 hours, and 80% of them, or $425 million, were leveraged short positions in Bitcoin (BTC) and Ether (ETH).
Bitcoin preserved $70,000 at the weekly close as markets began reacting to a breakdown in US-Iran negotiations and blockade of the Strait of Hormuz. Bitcoin (BTC) held $70,000 at the weekly close as markets reacted to a breakdown in US-Iran negotiations and escalating tensions around the Strait of Hormuz. A breakdown in US-Iran negotiations sends oil surging above $100 per barrel, with the Strait of Hormuz now blockaded. US PPI inflation data is due amid signs that the oil crisis is far from the only driver of price increases.
Fallout from the Iran war will likely weigh on markets for much of 2026, dashing hopes of rate cuts until Q3 by the earliest, the Coin Bureau's Nic Puckrin said. Now almost a week old, the Bitcoin (BTC) recovery is “fragile” as the crypto market faces geopolitical and macroeconomic headwinds from the ongoing war in the Middle East, according to Nic Puckrin, a crypto market analyst and founder of the Coin Bureau media outlet. “Even if the war ends now, its repercussions will likely be the story of 2026, and certainly the dominant narrative for Q2. I don’t expect to see a rate cut until late Q3 or Q4, if at all,” Puckrin told Cointelegraph. He said that he sees: If Bitcoin closes the week above $71,000, it could signal continued upside for BTC, with resistance forming around the $74,000 lev…
Reuters reported that White House staff were warned against using confidential information after suspicious Iran-linked oil futures bets and fresh scrutiny of prediction markets. The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters. Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a five-day delay in attacks on Iran’s energy infrastructure. The warning followed a roughly $500 million bet on Brent and West Texas Intermediate crude futures placed in a one-minute burst shortly before Trump’s March 23 announcement, according to Reuters calculations b…
Empty tankers will reportedly be permitted to pass through the waterway under the US-Iran deal, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin. Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait of Hormuz, Iranian authorities are reportedly considering charging ships using the waterway in cryptocurrency. According to a Wednesday Financial Times report, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union said empty oil tankers will be able to pass through the Strait of Hormuz without incurring charges, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin (BTC). The spokesperson, Hamid Hosseini, reportedly said Ira…
Bitcoin bulls failed to stay above $72,000 for long as BTC price action already began to discount the impact of a US-Iran ceasefire agreement. Bitcoin (BTC) hit new three-week highs into Wednesday’s Wall Street open as stocks surged on a US-Iran ceasefire. Key points: Bitcoin briefly hits new three-week highs before round-tripping its gains.
ZEC's latest rebound resembled bounces witnessed during the 2021 bear market, raising the odds of a 40% correction in the coming weeks. Zcash (ZEC) rallied after President Donald Trump announced a two-week ceasefire deal with Iran, leading gains in a broader relief rally across global risk markets. Key takeaways: A 2021-style fractal warns ZEC price could fall 40% toward in the coming weeks.
Iran's Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war. The price of Bitcoin pushed past $72,000 for the first time in 20 days after the US and Iran agreed to a two-week ceasefire. “I agree to suspend the bombing and attack of Iran for a period of two weeks,” Trump said in a Truth Social post on Tuesday, hours before his deadline for Iran to reopen the Strait of Hormuz or face military attacks on key infrastructure. Iran's Supreme National Security Council also said it accepted the ceasefire.
The 30-day simple moving average of the global network hashrate has also declined, though an analyst says the slump is due to Bitcoin prices hurting mining profitability rather than conflict. Iran’s hashrate has plummeted over the past quarter amid an ongoing conflict with the US and Israel, though the war itself has not dragged down global hashrate, according to a new report from Hashrate Index. Iran has lost roughly 7 exahashes per second (EH/s) quarter-over-quarter, said Ian Philpot, marketing director at Luxor Technology, in a report published Monday. The country’s hashrate now sits at about 2 EH/s according to the Hashrate Index heatmap. Philpot noted that while the regional conflict clearly impacted Iran, it could have triggered a ripple effect for neighboring countries such as the U…
Bitcoin and risk-asset price action tried to brush off new US-Iran war rhetoric just hours before the deadline for a deal passed. Bitcoin (BTC) stayed near a key long-term trend line at Tuesday’s Wall Street open as markets waited for US-Iran war cues. Key points: Bitcoin and US stocks attempt to shrug off claims by US President Donald Trump that a “whole civilization will die” after his Iran deadline expires.
While an Iran ceasefire favors stocks, Bitcoin’s path to $75,000 remains contingent on market trust despite Trump’s volatile diplomacy. Key takeaways: President Trump’s Tuesday deadline to Iran creates a pivotal moment for Bitcoin as it continues to decouple from gold. While a ceasefire could boost equities, Bitcoin’s $75,000 path depends on its role as a hedge against fiscal instability.
Bitcoin found familiar resistance as it crossed the $70,000 mark to hit new April highs, with analysis blaming "profit-taking pressure." Bitcoin (BTC) coiled below $70,000 at Monday’s Wall Street open as analysis blamed profit taking for price inertia. Key points: Bitcoin and stocks wobble as the US trading session begins amid nerves over the US-Iran war outcome.
As Iran war odds swing on Polymarket and Kalshi, Sygnum’s Fabian Dori says prediction markets are fast becoming macro tools for crypto desks. Prediction markets rapidly repriced the odds of US escalation in the Iran conflict, offering a real-time signal of geopolitical risk for traders. Odds on platforms such as Polymarket and Kalshi shifted in real time as President Donald Trump paired new threats with signals of possible negotiations on Sunday, while Bitcoin (BTC) rose more than 3.5% on Monday. Crypto prediction markets are no longer a sideshow during periods of geopolitical tension, with professional desks increasingly using them to gauge macro risk, according to Sygnum Bank chief investment officer Fabian Dori.
The President of the United States continues to give contradictory signals of escalating the war and winding it down within a few weeks. The odds of the United States invading Iran this year surged to 63% on the Polymarket prediction platform on Sunday, following comments made by US President Donald Trump on social media. The odds of an invasion before 2027 are still down from the high of 68% on March 29, which occurred due to a US troop buildup and comments from the Trump administration that the US was considering capturing Kharg Island, a major Iranian oil shipping station. The Polymarket trading volume for a potential US invasion of Iran was about $3.74 million at the time of publication.
In a recent Cointelegraph interview, macro investor James Lavish explains why markets are pricing in a quick end to the Iran war — and what could happen if that assumption is wrong. In the latest interview with Cointelegraph, macro investor and former hedge fund manager James Lavish issued a stark warning to Bitcoin holders and global investors: markets may be pricing in a quick resolution to the Iran conflict — but if that assumption proves wrong, the consequences could be severe. Lavish argued that if the conflict drags on and keeps pressure on oil prices, the result could be a fresh inflation shock, renewed fears of stagflation and a major repricing across global markets. In his view, this scenario would put the Federal Reserve in an impossible position: unable to raise rates aggressive…
The conflict in Iran has been escalating following US and Israeli strikes against Iran in February, which sent oil prices higher and crypto and broader markets tumbling. Update: April 1, 1:30 am UTC: This article has been updated to include more details surrounding US President Donald Trump’s comments and background information. US President Donald Trump said the US could wrap up its military campaign in Iran within weeks, claiming the goal of eliminating Iran’s nuclear capabilities had been achieved. Speaking to reporters at the White House during an executive order signing ceremony on Tuesday, Trump said the exit could come within two to three weeks because “there’s no reason for us to do this.”
Yields for five-year US Treasury bonds are up 4%, putting a damper on Bitcoin price, which has ended the month much where it started. This month, Bitcoin’s hashrate fell 6% after the US and Israel attacked Iran, highlighting Iran’s significant crypto mining activity. Bitcoin price, meanwhile, remains lackluster. Higher 4% yields on US Treasury bonds have added pressure, and investors are seeking less risky prospects amid geopolitical tension. Less appetite for crypto trading has proven problematic for Robinhood. The trading platform’s stock is down 16% on the month, and leadership has announced a stock buyback program.
Digital asset products saw $414 million in outflows last week as inflation fears, US Fed rate hike expectations and Middle East tensions drove a shift toward risk-off sentiment. Crypto investment products saw their first weekly outflows in five weeks last week, with $414 million exiting the market as investors grew cautious over rising inflation risks and escalating tensions in the Middle East. The pullback came as expectations for the June Federal Open Market Committee (FOMC) meeting in the US shifted from potential rate cuts to rate hikes, signaling a tougher macro backdrop for risk assets, CoinShares reported Monday. Total assets under management fell to $129 billion, returning to levels last seen in early February and “broadly comparable to April 2025, during the initial phase of Trump…
US Bitcoin ETFs saw outflows of $171 million on Thursday as market participants feared another weekend escalation in the US-Israel conflict with Iran. Update (March 27, 2026, 10:52 am UTC: This article has been updated to include comments from Shawn Young, chief analyst at MEXC Research. US spot Bitcoin exchange-traded funds (ETFs) logged $171 million in outflows on Thursday, their biggest day of redemptions since March 3, when they posted $348 million in outflows. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the outflows with $41 million, Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $32 million, the ARK 21Shares Bitcoin ETF (ARKB) sold $30.5 million, and Grayscale’s Bitcoin Trust ETF (GBTC) sold $24 million, according to data from Farside Investors.
