Bitcoin News

Bitcoin News

Markets

Bitcoin hash rate is tumbling as Iran war lifts energy prices

A falling hash rate and the resultant pressure on miners could signal another potential capitulation phase, which could push prices down further

Bitcoin hash rate has surged in 2024 (Hashage)

Markets

Bitcoin quickly pulls back to $71,000 as Iran fears team up with poor U.S. inflation data

The price of oil moved higher after reported attacks against Iran's South Pars gas field.

Bitcoin (BTC) price on Wednesday (CoinDesk)

Markets

Bitcoin’s rally runs into 'sell the news' risk ahead of Fed decision

Two Prime data shows post-meeting weakness dominates, even as markets price a Fed hold and limited rate cuts ahead.

Federal Reserve Chair Jerome Powell  (Photo by Chip Somodevilla/Getty Images)

Markets

Bitcoin holds steady at $74,000 as traders turn cautious before Fed meeting

BTC consolidated with subdued volatility, while derivatives positioning and macro uncertainty signaled cautious market sentiment.

U.S. Federal Reserve headquarters (Jesse Hamilton/CoinDesk)

Markets

Bitcoin is stuck below $75,000 even after landmark SEC, CFTC crypto rules

Bitcoin remains stuck near key resistance around $75,000, leaving the broader market in limbo.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

Bitcoin's rally faces key hurdle with Wednesday's Fed meeting

Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.

Federal Reserve Chair Jerome Powell

Markets

Bitcoin eyes $75,000, nearing 25% bounce from February bottom

Gains came for crypto and stocks as tensions around the Strait of Hormuz appeared to ease slightly, sending oil prices lower.

Bitcoin (BTC) price on Monday (CoinDesk)

Videos

Trump-Linked WLFI offers "direct access" for $5M stake

World Liberty Financial, the DeFi protocol backed by the Trump family, just passed a governance vote on a three-tier staking system that requires up to a $5 million WLFI lockup for top-level benefits, including guaranteed access to the project's team. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

CoinDesk

Markets

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Surging to a near one-month high of $74,000, bitcoin reversed back to just above $71,000 as news of U.S. military movements in the Middle East rattled risk assets.

CoinDesk

Markets

Bitcoin rises to one-month high of $73,800, continuing to outperform since start of Iran war

Falling oil prices are helping, but a bounce seemed in the cards after some of the worst sentiment in bitcoin's history.

CoinDesk