Bitcoin

Bitcoin weakens as oil surges back above US$100 on Iran war

The cryptocurrency is down as much as 2% after attacks on two tankers in Iraqi waters

About US$861 million in short positions have been liquidated since Monday, compared with US$536 million in longs, said crypto-analytics company Kaiko.

Bitcoin’s latest rally fails to convince nervous traders in options market

Deribit data shows the largest concentration of open interest clustering around downside protection, signalling they are betting the rebound may not last

In recent days, Bitcoin has even outperformed gold, to which the digital asset is often compared but seldom resembles.

Bitcoin holds firm above US$70,000 as global assets recover

Cryptocurrencies have failed to find a sustainable rally since a sharp sell-off in October

Crypto markets across the board were in the red on Tuesday (Mar 3) as investors fled riskier assets, with tokens like Ether and Solana declining.

Bitcoin plunges as risk of prolonged Iran war weighs on crypto

The original cryptocurrency fell as much as 4.4% to US$66,348

The possibility of prolonged turmoil in the Middle East and the ripple effects of higher oil prices are giving money managers fresh reasons to sell equities and shift into safety.

Wall Street turns to ‘haven-first’ strategies amid Iran attacks

All eyes will be on energy markets when trading fully re-opens on Monday

For Bitcoin, the weekend losses extend a months-long sell-off in crypto markets.

Bitcoin recovers above US$68,000 after death of Iranian leader

The cryptocurrency market regains roughly US$32 billion in value by Sunday morning

The crypto market as a whole is also under pressure, with the total market value down more than 20% from one year ago, according to CoinGecko.

Bitcoin approaches US$70,000 as risk appetite returns to crypto

The token is down nearly 50% from an all-time high of almost US$127,000 reached in early October

Bitcoin has fallen alongside – and at times faster than – the macro risks it was meant to hedge.

Hedge funds that piled into US Bitcoin funds are first to exit

A shift in price momentum is partly the reason. Bitcoin has fallen with, and at times faster than, the macro risks it was meant to hedge