Search results for Coindesk20
Crypto
Risk assets slide as oil rises; bitcoin pulls back below $80,000
Bitcoin retreated to about $77,600 after failing to break the $80,000 level, down 0.7 percent since midnight UTC, CoinDesk reported. Risk assets weakened as oil rose 1.5 percent to $103 a barrel after reports the United States seized three Iranian tankers in Asian waters. Ether fell 2.5 percent to $2,320. Futures open interest eased but remained high, while negative perpetual funding pointed to bearish leverage.
Crypto
Bitcoin hovers around $75,000 as institutional buying meets short-term selling
Bitcoin is holding around $75,000 on institutional demand, but selling pressure from short-term holders is limiting upside, CoinDesk reported. Markets are reflecting progress in U.S.-Iran peace talks and a two-week ceasefire, while a weaker dollar and softer U.S. Treasury yields provided support. On-chain data points to resistance near $76,800. Futures open interest rose as volume fell, while options showed subdued implied volatility and continued preference for puts.
Crypto
Bitcoin rebound spreads risk appetite, oil remains a factor
Bitcoin climbed on hopes of a U.S.-Iran truce, briefly nearing $70,000 and broadening risk appetite across crypto and traditional markets. Altcoins rose, while derivatives indicators showed bullish signals and falling implied volatility. The rally, however, rests heavily on expectations that truce reports will be confirmed, with past anonymous sourcing and Iranian denials cited as risks. Oil market factors resurfaced, and some observers warned a sharp rise in crude could threaten broader markets.
