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Bitcoin (BTC) slipped toward $65,500 on Thursday after the Houthis claimed drone and missile strikes on two Saudi oil tankers, lifting crude to $88.60. Key Points Houthi forces said they targeted the tankers Encelia and Layla, days after declaring a naval blockade on Saudi Arabia. West Texas Interme

President Donald Trump scrapped his 20% fee on cargo crossing the Strait of Hormuz on Tuesday, one day after unveiling it, while keeping a full blockade on Iranian shipping. Key Points: Trump replaced the 20% Hormuz transit fee with promised trade and investment deals from Gulf states. The US blocka

Standard Chartered’s Geoffrey Kendrick said the crypto market has likely already seen the low for the current cycle, arguing that Bitcoin’s (BTC) fall to $59,000 may mark the end of the latest downturn as macro and institutional catalysts begin to turn more constructive. “I think we have now seen th

On Friday, something strange happened to Bitcoin (BTC). The price surged from $76,000 to nearly $78,000 in a matter of hours, not because of any development inside the crypto industry, but because an Iranian official made an announcement about a shipping route most people have never heard of. Then,

Bitcoin (BTC) ended Monday back above $73,000, fully erasing a sharp weekend sell-off that pushed it as low as $70,600. According to CoinGecko data, BTC was trading at $73,260 as of 4:50pm EDT, up more than 3% over the prior 24 hours. The recovery came as US equity markets staged their own comeback