| Mobile Web

Search results for Iran war

Crypto

Bitcoin gives back most of May\'s gains, outlook splits below $80,000

Bitcoin fell below $78,000 to its lowest level in May, giving back most of its gains for the month. The drop came as markets reflected concerns over U.S. Treasuries and a U.S.-Iran war issue, alongside rising uncertainty over global oil supplies after Iran moved to introduce a passage regime for the Strait of Hormuz that would exclude U.S.-related transit. Some traders pointed to rising open interest and negative funding as signs of a potential bear trap, while others flagged scope for further declines.

Crypto

Bitcoin slips below $79,000; can bond outflows drive rebound?

Bitcoin slid below $79,000 over the weekend amid macroeconomic instability and uncertainty surrounding the Iran war. Cointelegraph said bitcoin has moved similarly to the Russell 2000, as markets assess it as a risk asset rather than a safe haven. Demand for leveraged bullish bets in derivatives was weak, with funding rates near zero. Rising oil prices and higher bond yields added pressure, though outflows from fixed income could later support a rebound.

Crypto

Whale builds short bets, but Fed liquidity expansion supports bitcoin

A whale in the Hyperliquid ecosystem has built $70 million in short positions in cryptocurrencies and tokens linked to major tech stocks, heightening caution among bitcoin investors. Bitcoin briefly fell back below $80,000 on May 13. The account has previously posted large profits but has recently shifted to short bets on Hyperliquid, bitcoin and other linked tokens. Data suggest it typically closes positions within a week.