SShortSingh.
Back to feed

Bitcoin holds near $59,700 despite Iran de-escalation boosting equity futures

0
·14 views

Bitcoin remained under pressure, trading around $59,700 and down approximately 6.8% for the week. U.S. equity futures climbed following reports that the United States and Iran agreed to pause military strikes and return to diplomatic talks. Unlike traditional markets, cryptocurrency markets showed little response to the geopolitical easing. The divergence highlights Bitcoin's decoupling from risk-on sentiment that typically lifts equities during periods of reduced geopolitical tension.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Crypto PAC Fairshake loses Detroit primary race despite wins elsewhere

The cryptocurrency industry's top political action committee, Fairshake, suffered a rare defeat after spending $2 million in a Detroit Democratic primary election. The candidate backed by the PAC failed to secure a win in that contest. However, Fairshake-supported candidates achieved victories in other races across the country. Despite the Detroit setback, the overall outcome suggests the number of crypto-friendly lawmakers in Congress is likely to increase following the elections.

0
Crypto & Web3CoinDesk ·

Coldcard Security Flaw May Drive Investors Toward Bitcoin ETFs and Custodians

A recently disclosed exploit affecting Coldcard hardware wallets has drawn attention from financial analysts tracking the crypto market. Cantor sees the vulnerability as a potential positive for regulated crypto custody providers, who may benefit from increased client demand. Separately, FRNT analysts suggest the breach could push some investors away from self-custody solutions and toward bitcoin ETFs. The incident highlights growing concerns about the security risks associated with personal cryptocurrency storage. Analysts broadly view the flaw as a catalyst that may accelerate institutional and retail adoption of regulated bitcoin exposure products.

0
Crypto & Web3CoinDesk ·

How You Hold Bitcoin Matters as Much as How Much You Hold, Study Shows

Gregory Mall of Lionsoul Global has conducted a backtest examining bitcoin's role within a traditional 60/40 portfolio across different market conditions. The analysis builds on an earlier essay Mall wrote about sizing cryptocurrency risk in investment portfolios. Mall compared three distinct approaches: a direct bitcoin position, a large-cap crypto basket, and a trend-managed allocation sleeve. The backtest was run across bull, bear, and sideways market regimes to assess how each strategy performed under varying conditions. The findings suggest that the method used to hold bitcoin can be just as consequential as the size of the allocation itself.

0
Crypto & Web3CoinDesk ·

Strategy's STRC Rebounds 30% Backed by $4B Cash Reserve and Buyback Plan

Strategy's preferred stock STRC has rebounded approximately 30% after a period of decline. The recovery has been supported by the company building a substantial $4 billion cash reserve. Strategy also announced a $975 million share repurchase program, which boosted investor confidence. Bitcoin sales contributed to strengthening the company's financial position. The rebound also coincided with a stabilization in bitcoin's price.