Tag Archives: Middle East

Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years

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Investors are currently sifting through a decade of market data to see if a massive spike in energy costs will sink Bitcoin and the crypto market. While many people focus on the immediate price of oil, the real damage to Bitcoin in the past often came from internal industry blowouts rather than what was happening… Continue reading Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years→

Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

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Bitcoin quietly gained ground while gold crumbled. That contrast has become one of the more telling stories to emerge from weeks of escalating conflict in the Middle East, as the two assets — long compared as competing stores of value — have moved in sharply opposite directions since the US and Israel launched strikes on… Continue reading Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War→

XRP To Pass Bitcoin, US Veteran Claims Amid War Forecast

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A retired US Army combat medic has predicted that XRP will overtake Bitcoin as the world’s most valuable cryptocurrency — a claim that would require XRP’s price to climb from $1.41 to nearly $24. A Long Road To The Top Patrick L. Riley, who now operates as a market commentator on social media, posted the… Continue reading XRP To Pass Bitcoin, US Veteran Claims Amid War Forecast→

Bitcoin And Ethereum Prices Are Recovering Again, But Will The US-Israel War Derail It?

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The Bitcoin and Ethereum prices plunged sharply over the weekend as missiles flew across the Middle East, exposing just how quickly geopolitical crises can send shockwaves through the financial markets. A joint US and Israel strike on Iran triggered a violent selloff that wiped out billions of dollars from the crypto market in a matter… Continue reading Bitcoin And Ethereum Prices Are Recovering Again, But Will The US-Israel War Derail It?→

Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran

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The missiles started flying, and so did the sell orders. Within hours of the US and Israel launching coordinated strikes on Iran, Bitcoin had dropped as much as 3.8% to $63,038, Ethereum had fallen nearly 9%, and more than 152,000 traders had been liquidated across crypto markets. With traditional stock and bond markets closed for… Continue reading Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran→

Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall

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Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer… Continue reading Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall→

Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt

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A sudden wave of selling hit crypto markets in the early hours of Friday, as reports of an Israeli airstrike on Iran set off fresh jitters. Bitcoin sank 5%, slipping under the $104,000 mark. Altcoins fared worse, with losses ranging from 6% to 9%. Based on reports from Coinglass, more than $1 billion was wiped… Continue reading Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt→

What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

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Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he… Continue reading What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number→

Bitcoin Drops As Iran Launches Missile Attack On Israel – What We Know So Far

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The price of Bitcoin took a nose dive on Saturday following reports of Iran launching missile and drone attacks on Israel. Alongside the market leader, many other prominent cryptocurrencies also experienced a significant selloff as news of a brewing international conflict in the Middle East circulated on the internet. Bitcoin Suffers Major Decline For Second… Continue reading Bitcoin Drops As Iran Launches Missile Attack On Israel – What We Know So Far→