Crude oil climbed back above $100 a barrel and Bitcoin slipped as US President 
Donald Trump used a White House address to say the military campaign in Iran 
was close to wrapping up, while also warning that more strikes could come in 
the next two to three weeks. Related Reading: Bitcoin Ends 5-Month Losing Run 
— Real Reversal Or Just April Fool’s Hype? Markets Move First Bitcoin fell 
about 2% during the speech, and the price was later reported at $66,400, down 
from where it started the address. Oil moved the other way, with crude rising 
to $103.55 a barrel after easing earlier in the week. The reaction fits a 
familiar pattern. As conflict risk rises in the Middle East, traders often 
move away from assets seen as risky and into markets tied more directly to 
energy and supply shocks. In this case, crypto and oil were moving in opposite 
directions almost in real time. Trump told viewers that the US military was 
close to completing what he called its main goals. He also said Iran’s 
nuclear, naval and drone capabilities had been badly damaged, along with 
missile and weapons production sites. The speech did not calm markets for 
long. Oil had already been under pressure earlier in the week after Trump 
suggested the fighting could wind down within weeks, but the latest remarks 
pushed prices back up and revived concern that the conflict may last longer 
than hoped. Ceasefire Talk Meets New Threats Trump also said talks were 
continuing, but he paired that message with a harder line. According to the 
address, the US is demanding that Iran give up its nuclear program, open 
commercial shipping routes, and stop backing regional proxy groups. Iran’s 
demands were far broader. Reports note that Tehran is seeking a permanent end 
to the war, compensation for damage, and an end to the US military presence in 
the region. That gap between the two sides left little room for confidence. 
The White House speech suggested progress, but the warning of fresh strikes 
over the next few weeks kept the pressure on traders and helped explain why 
both oil and crypto moved sharply during the address. Related Reading: Bitcoin 
ETFs Pull In $56B As CEO Pitches Crypto Over Gold Strait Of Hormuz Remains In 
Focus The conflict has already rattled energy markets before. Tensions 
intensified in February after US and Israeli strikes on Iran, and Iran 
answered by blocking the Strait of Hormuz, a key route for global oil 
shipments. Trump said the blockade would lift naturally once the conflict 
ends, arguing that Iran would need to sell oil to rebuild its economy. He also 
said gas prices would come back down and stock prices would rise again. 
Featured image from jiss.org.il, chart from TradingView

Bitcoin Weakens While Oil Climbs After Trump Signals Continued Iran Strikes

Polymarket traders now put a 65% chance on WTI crude hitting $120 at some 
point in 2026, as Middle East tensions and supply fears drive a rapid 
repricing of oil risk. Prediction platform Polymarket is currently assigning a 
65% chance…

Polymarket traders now price 65% odds WTI hits $120 in 2026

Coinbase has received conditional approval from the Office of the Comptroller 
of the Currency (OCC) for a national trust company charter, the company 
announced Thursday. Coinbase Moves Closer to Federal Crypto Custody With OCC 
Approval According to a Bloomberg report, the OCC granted the preliminary 
green light to Coinbase National Trust Company, which Coinbase filed […]

Coinbase Joins Ripple, Circle With Conditional OCC National Trust Charter Approval

Iran&#8217;s actions in the Strait of Hormuz heighten geopolitical tensions, 
impacting ceasefire probabilities and market expectations for conflict 
resolution.
The post Iran&#8217;s oversight proposal in Strait of Hormuz drops ceasefire odds 
appeared first on Crypto Briefing.

Iran’s oversight proposal in Strait of Hormuz drops ceasefire odds

Predict.fun secures backing from YZi Labs and Susquehanna Crypto as it scales 
BNB Chain prediction markets.
The post Predict.fun lands YZi Labs and Susquehanna Crypto investment to scale 
BNB Chain prediction markets appeared first on Crypto Briefing.

Cryptocurrency price in VEF