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Morning Edition · Monday, July 27, 2026Published at 1:22 AM EDT · New York
Bitcoin Trades Near $65,000 as United States and Iran Pause Strikes and Brent Crude Falls About 7%
Ether outperformed Bitcoin on the move, and the muted crypto reaction to the earlier escalation stands out.
Bitcoin traded back toward $65,000 after the United States and Iran paused their strikes, CoinDesk reported, with the exchange noting Ether outperformed Bitcoin on the move. The de-escalation eased the fear of an energy-supply disruption th…
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US-Iran Strikes and Hormuz Roil Energy Markets
Recurring US strikes on Iran and Tehran's closures of the Strait of Hormuz keep injecting sharp oil, gold and cross-asset volatility, making Middle East escalation a recurring macro risk factor — one to which large-cap crypto has so far reacted only muted-ly.
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