Why Bitcoin’s $72k breakout started before Trump’s ceasefire post in the craziest trading day in yearsTrump threatened catastrophe, but oil and Bitcoin were already telling a different story.
Happy Wednesday!Bitcoin surged past $72K in a wild after-hours breakout ahead of Trump’s last-minute Iran ceasefire announcement, defying oil’s earlier spike above $100 and dramatic rhetoric of catastrophe, while now clinging near $68K post-deadline amid lingering shipping risks; XRP buyers, meanwhile, face mounting losses turning rebounds into sell-offs. Explore the full stories below. The global crypto market cap is $2.43 trillion, with a 24-hour volume of $126.61 billion. The price of Bitcoin is $71,326.08, and BTC market dominance is 58.8%. The price of Ethereum is $2,213.37, and ETH market dominance is 11.0%. The best-performing sector is Virtuals, which gained 9%. The Crypto Fear & Greed Index is currently Extreme Fear (17). 📰 Top NewsWhy Bitcoin’s $72k breakout started before Trump’s ceasefire post in the craziest trading day in yearsTrump threatened catastrophe, but oil and Bitcoin were already telling a different story. Bitcoin clings to $68,000 as Trump’s final Iran deadline expires at 8 PM EST and oil screams higherWith shipping chokepoints in play, the next escalation could turn this “stable” range into a sudden cliff move. XRP losses are forcing late buyers out, turning every bounce into a new sell zoneXRP’s underwater late buyers dump to stop the pain while the token’s early holders can still trim into strength. The Institutional Playbook, 3 Must-Read GuidesBuilt for institutions, not hype, The Institutional Playbook is CryptoSlate’s three-part guide, in partnership with WhiteBIT, on scaling crypto through execution, compliance, liquidity, and real-world infrastructure. 🗞️ More News
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About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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Why Bitcoin’s $72k breakout started before Trump’s ceasefire post in the craziest trading day in years