Market Wrap
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.
Bitcoin climbs past $71,000 as oil shock fears continue to ease
The International Energy Agency (IEA) on Tuesday said it will convene an extraordinary meeting of its member countries to consider releasing emergency oil reserves.
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.
Bitcoin pulls back to near $71,000 even as software sector soars
The two battered markets have had a nearly one-to-one correlation in recent months, but are moving in opposite directions on Thursday.
Coinbase, Strategy lead crypto stocks higher as bitcoin spikes above $72,000
Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff.
Bitcoin's rebound cancelled as U.S. stocks fall, gold surges, amid mounting macro risks
Between credit stress concerns, a hot PPI inflation reading, and tensions between U.S. and Iran, investors have plenty of reasons to stay away from risk assets.
Bitcoin snaps back near $69,000 but analysts warn the market may not be out of the woods yet
Crypto rebounds sharply from Tuesday's lows, yet traders question whether the move marks a lasting turn or another range-bound bounce.
Bitcoin climbs above $68,500, Circle leads crypto stocks higher, as bounce strengthens
Ether, solana and dogecoin are among the altcoins posting 10% or more advances.
Bitcoin rebound fades as software and private equity rout drags stocks and crypto lower
Crypto has been nearly perfectly correlated with a key software sector ETF, and that gauge has tumbled another 5% Monday to a new 52-week low.
Bitcoin shrugs off Trump's new tariffs, nears $68,000 as altcoins lead modest bounce
Crypto prices edged higher on Friday despite a splash of tariff turbulence after the U.S. Supreme Court ruled Trump's levies illegal.
