The crypto market resumed its uptrend on Tuesday, rising 1.2% to $2.76 
trillion as oil prices eased, after Iranian officials hinted at progress in 
U.S.-Iran peace negotiations. Bitcoin (BTC) climbed 3.5%, briefly moving above 
the $81,000 level before settling at…

Why is the crypto market going up today? (May 5)

Iran&#8217;s attack on ships in the Strait of Hormuz and a drone strike on the 
Fujairah Oil Industry Zone sent Brent crude to $114.44 and WTI to $106.42, 
while the 10-year Treasury yield climbed to roughly 4.44% and the 30-year 
broke above 5%. Bitcoin registered an intraday high of $80,717.66 on May 4, 
putting its […]
The post Iran-UAE escalation pushes Bitcoin’s bond-market test into the 4.5% 
danger zone appeared first on CryptoSlate.

Iran-UAE escalation pushes Bitcoin’s bond-market test into the 4.5% danger zone

The US troop withdrawal from Germany may signal a strategic pivot, reducing 
military tensions and altering geopolitical dynamics in Europe.
The post US troop withdrawal from Germany signals Iran de-escalation shift 
appeared first on Crypto Briefing.

US troop withdrawal from Germany signals Iran de-escalation shift

Thailand&#8217;s emergency borrowing highlights the vulnerability of energy- 
importing nations to geopolitical tensions, impacting global oil markets.
The post Thailand approves emergency borrowing amid US-Israel-Iran conflict 
appeared first on Crypto Briefing.

Thailand approves emergency borrowing amid US-Israel-Iran conflict

Modi condemned Iran’s UAE attack after three Indians were injured, as Pakistan 
and Canada backed de-escalation amid Hormuz market risks.

PM Modi slams UAE attack as Iran strikes injure three Indians

The attack exacerbates geopolitical instability, reducing market confidence in 
Strait of Hormuz traffic normalization and US-Iran de-escalation.
The post Cargo ship attacked near Hormuz, escalating US-Iran tensions appeared 
first on Crypto Briefing.

Why is the crypto market going up today? (May 5)

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