Geopolitical tensions and oil price hikes may drive investors towards safer 
assets, impacting riskier markets like Ethereum and the S&amp;P 500.
The post US-Iran tensions, oil price surge impact S&amp;P 500, Ethereum markets 
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US-Iran tensions, oil price surge impact S&P 500, Ethereum markets

Escalating U.S.-Iran tensions could disrupt global trade routes, heighten 
military conflict risks, and impact regional airspace security.
The post US strikes Iranian vessels, escalating tensions and airspace closure 
risk appeared first on Crypto Briefing.

US strikes Iranian vessels, escalating tensions and airspace closure risk

Bitcoin price started a fresh increase and cleared the $80,500 zone. BTC is 
consolidating and might aim for more gains above the $81,200 level. Bitcoin 
managed to stay above $78,500 and started a fresh increase. The price is 
trading above $78,800 and the 100 hourly simple moving average. There is a 
bullish trend line forming with support at $79,200 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays 
above the $79,200 and $78,800 levels. Bitcoin Price Eyes Fresh Highs above 
$81K Bitcoin price found support near $78,500 and started a fresh increase. 
BTC gained pace for a move above the $78,800 and $79,200 resistance levels. 
The bulls even pushed the price above $80,500. A high was formed at $80,770, 
and the price started a consolidation phase above the 23.6% Fib retracement 
level of the upward move from the $74,940 swing low to the $80,770 high. 
Bitcoin is now trading above $79,200 and the 100 hourly simple moving average. 
There is also a bullish trend line forming with support at $79,200 on the 
hourly chart of the BTC/USD pair. If the price remains stable above $79,200, 
it could attempt a fresh increase. Immediate resistance is near the $80,500 
level. The first key resistance is near the $80,800 level. A close above the 
$81,200 resistance might send the price further higher. In the stated case, 
the price could rise and test the $81,650 resistance. Any more gains might 
send the price toward the $82,000 level. The next barrier for the bulls could 
be $82,500. Another Drop In BTC? If Bitcoin fails to rise above the $81,200 
resistance zone, it could start another decline. Immediate support is near the 
$79,200 level. The first major support is near the $78,500 level. The next 
support is now near the $77,850 zone and the 50% Fib retracement level of the 
upward move from the $74,940 swing low to the $80,770 high. Any more losses 
might send the price toward the $77,150 support in the near term. The main 
support now sits at $76,500, below which BTC might struggle to recover in the 
near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in 
the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD 
is now above the 50 level. Major Support Levels – $79,200, followed by 
$78,500. Major Resistance Levels – $80,500 and $81,200.

Bitcoin Price Holds Firm Near Highs, More Gains Could Follow

Rising Philippine inflation and Middle East tensions may prompt global rate 
hikes, impacting economic stability and monetary policy strategies.
The post Philippine inflation amid Middle East tensions, impacting global 
markets appeared first on Crypto Briefing.

Philippine inflation amid Middle East tensions, impacting global markets

Iran&#8217;s stance may escalate regional tensions, challenging Gulf states&#8217; 
security dynamics and potentially altering geopolitical alliances.
The post Iran urges Gulf states to reject foreign military reliance amid 
tensions appeared first on Crypto Briefing.

Iran urges Gulf states to reject foreign military reliance amid tensions

The launch of &#8220;Project Freedom&#8221; may heighten geopolitical tensions, impacting 
global oil markets and complicating diplomatic resolutions.
The post Trump launches &#8216;Project Freedom&#8217; amid Iranian strikes on UAE port 
appeared first on Crypto Briefing.

US-Iran tensions, oil price surge impact S&P 500, Ethereum markets

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