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Bitcoin Rises 2.8% as Global Markets Slump on Iran Conflict and Oil Surge: Crypto Markets Today
Bitcoin rose 2.8% as oil hit $115 per barrel and nearly $400 million in crypto futures were liquidated amid market stress from Iran conflict and supply disruptions.
- On Monday, Bitcoin rose 2.8% since midnight UTC while Nasdaq 100 and S&P 500 index futures fell more than 1.5% as oil surged to $115 per barrel.
- Amid the Middle East conflict, oil topped $100 a barrel, unsettling markets as supply disruptions through the Strait of Hormuz raised inflation concerns.
- Exchanges reported heavy liquidations totaling nearly $400 million in a 24-hour trading window, while gold fell 1.6% and silver 1.1%, and altcoins DASH, XMR, ZEC, ETHFI, and MORPHO posted gains up to 5.2%.
- Open interest in bitcoin futures remains steady near weekly lows of around 650K BTC, while BTC implied volatility sits in backwardation and U.S. spot ETF inflows indicate institutional demand.
- Analysts at Kaiko and others expect Bitcoin to stay higher in the coming weeks despite profit-taking, while puts on Deribit trade at a premium signaling persistent downside concerns.
12 Articles
12 Articles
Bitcoin climbs in break with stocks amid inflation concerns
By Suvashree Ghosh and Melos Ambaye, Bloomberg Bitcoin advanced on Monday, with some advocates once again touting the digital asset as a potential inflation hedge, as trepidation over a prolonged war in Iran sent oil prices surging and stocks and bonds lower. The original cryptocurrency rose nearly 3% to trade around $69,000 in New York, with smaller tokens like Ether and Solana gaining as well. Markets have been rocked as the conflict in the Mi…
Bitcoin rises 2.8% as global markets slump on Iran conflict and oil surge: Crypto Markets Today
Bitcoin climbed during European trading hours even as U.S. equity futures, gold and silver fell, highlighting its relative resilience in light of oil shocks and war risks.
Bitcoin jumps past $70,000 as war volatility fades
Bitcoin pushed back above $70,000 Tuesday morning East Asia time, completing a rapid recovery from a weekend selloff that briefly dragged the largest digital asset down to around $65,000. The move higher came as volatility in energy markets eased after crude oil surged amid fears of disruptions in the Strait of Hormuz. Bitcoin dipped alongside risk assets during the initial shock but quickly stabilized in the mid $60,000 range — given Wall Stree…
Markets Defy Panic As Bitcoin Rises While Metals And Stocks Drop
Global conflicts usually shake financial markets. Investors rush toward safe assets like gold or government bonds. Recent market behavior tells a different story. Bitcoin now challenges traditional safe-haven assets. Since the Iran war began, financial markets have reacted sharply. Gold prices fell around 5 percent. Silver dropped nearly 12 percent. U.S. equities also lost ground as uncertainty spread across global markets. Yet Bitcoin moved in …
Bitcoinist
Bitcoin InsiderHormuz Chokepoint: Why A 60% Oil Surge Is Forcing A Violent Bitcoin Cycle Reset
Bitcoin continues to trade below the $70,000 level as global markets face renewed stress stemming from escalating geopolitical tensions in the Middle East. The cryptocurrency briefly attempted to stabilize after recent volatility, but uncertainty surrounding the ongoing conflict has kept risk sentiment fragile across financial markets. Investors are closely monitoring developments in the region as the situation around the Strait of Hormuz intens…
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