risk-off
Bitcoin Retreats on Oil Spike and Inflation Fears Ahead of Fed Meeting
Bitcoin pulled back sharply overnight as surging oil prices and renewed inflation concerns sparked a broad retreat from risk assets, with the flagship cryptocurrency surrendering Tuesday’s gains to settle near $65,877 by late Wednesday. The pullback reflects a classic risk-off reversal that has left market participants divided between residual bullish momentum and mounting macro headwinds...
Bitcoin Ethereum Fall as Iran Tensions Override Inflation Gains
Bitcoin and Ethereum fell sharply on Friday amid escalating U.S.-Iran military tensions, with the world’s largest cryptocurrency declining 1.4% to $63,130.40 and Ethereum dropping 2.8% to $1,832.29 as of 8:33 a.m. ET. The selloff reversed gains made earlier in the week when both assets surged following softer-than-expected inflation data, highlighting how geopolitical risk is now...
Bitcoin Tumbles 2.4% as Iran Tensions Trigger Risk-Off Crypto Selloff
Bitcoin and Ethereum tumbled over the past 24 hours as U.S.-Iran tensions and geopolitical uncertainty triggered a broad risk-off selloff across crypto markets, with Bitcoin falling 2.42% to $62,461 and stablecoin liquidity contracting sharply amid investor caution ahead of today’s critical CPI report. The broader cryptocurrency market shed 1.12% of its value, slipping to $2.15...
Bitcoin, Ethereum Hit Two-Week Lows as Fed Hawkishness Spooks Investors
Bitcoin and Ethereum tumbled to two-week lows on Wednesday as a strong dollar, hawkish Federal Reserve signals, and a broad retreat from risk assets sent both major cryptocurrencies into capitulation mode. Bitcoin opened at $62,660.11, down 2% from Tuesday’s open, while Ethereum started the session flat at $1,665.13—the lowest opening prices for both assets in...