Bitcoin nears $81,000 as Iran oil fears and seized coin moves weigh
Bitcoin fell 2.75% to $81,270 as oil rose on Iran strike fears and the US government moved $1 billion in Bitfinex hack coins. Ether dropped 5.5%.
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Bitcoin fell 2.75% to $81,270 as oil rose on Iran strike fears and the US government moved $1 billion in Bitfinex hack coins. Ether dropped 5.5%.
Bitcoin traded at $83,387, down 2.5% in 24 hours, as Fear & Greed slipped to 64 and US government wallets moved $103 million in seized Bitcoin and BNB.
Bitcoin fell 2.65% to $83,488 as oil topped $101 and long-dated yields spiked, while Ether lost 4.9% after Tom Lee said Bitmine will stop buying.
Bitcoin eased 0.37% to $85,498 as sell orders capped its climb, while the Winklevoss twins filed for a Zcash ETF and Abstract said it will shut down.
Bitcoin rose 0.75% to $85,932 as oil and bond yields eased, Cardano extended its gains, and OKX raised fresh capital at a $25 billion valuation.
Bitcoin traded flat near $85,276 as the dollar hit an 18-month high, while Cardano jumped 6.9% and the CFTC proposed new rules for crypto exchanges.
EUR/USD steadied as US Treasury yields eased from multi-decade highs, while the ECB account fed rate-hike talk and Paris faced pressure over its 2027 budget.
The EUR/USD fixing edged up 0.08% to 1.1186 as US yields eased. We use the day's data releases to explain the economic calendar for new forex traders.
Fed minutes showed most officials see another hike by year end, lifting the dollar to a near 18-month high as gold slid and Iran strike risk returned.
GBP/USD's ECB fixing fell 0.54% to 1.3205 as the dollar firmed. We use the 1.3200 floor to explain support and resistance for new forex traders.
The EUR/USD fixing fell 0.82% to 1.1177 as US 10-year yields touched 5.35% and Brent topped $100, with traders turning to the Fed minutes and jobless claims.
USD/MXN rose 0.83% to 18.094 at the ECB fixing as US yields hit 24-year highs. We use the move to explain risk-on and risk-off for new forex traders.
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