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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

Markets

Bitcoin climbs to near $72,000 after Treasury Secretary Bessent attempts to calm oil fears

Bessent said the U.S. Treasury Department will provide temporary authorization to allow countries to purchase Russian oil currently in transit.

Oil tanker at sea. (Gerhard Traschütz/Pixabay)

Markets

Bitcoin holds $70,000 level as surging oil prices and credit issues have stocks tumbling

U.S. President Trump said stopping Iran is more of a concern than oil prices, as crude climbed 10% on Thursday.

CoinDesk

Markets

U.S. February CPI matches forecasts, reinforcing expectations for no near-term rate cuts

The price of bitcoin was trading at $69,500 following the news, down 1.2% over the past 24 hours.

Wooden block tiles spell out the word "inflation"

Markets

Crypto and stocks add to gains as Trump says Iran war could be over soon

It's been a historic 24 hours for crude oil, which soared to $120 per barrel overnight on Iran worries, but has plunged back to just above $80.

U.S. President Donald Trump  (Jesse Hamilton/CoinDesk)

Markets

Bitcoin tumbles below $66,000 as oil prices explode nearly 20% higher

There was little sign over the weekend of any de-escalation in the war against Iran.

North Sea oil rig.

Markets

'No deal with Iran': Trump demands unconditional surrender, sending oil surging, bitcoin and stocks lower

The outlook for the Fed grew cloudier on Friday, as the employment market weakened appreciably even as inflation could be worsening.

Donald Trump (Credit: Library of Congress on Unsplash/Modified by CoinDesk)

Markets

U.S. unexpectedly lost 92,000 jobs in February, unemployment rate rose to 4.4%

Bitcoin remained under pressure even as the data likely puts back in play the chances of Fed rate cuts in the first half of 2026.

Sign saying "Now Hiring" sits on a lawn.

Policy

SEC, Justin Sun reach settlement over Tron lawsuit

Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed.

Justin Sun speaks at Consensus Hong Kong (CoinDesk)