Bitcoin tumbles below $66,000 as oil prices explode nearly 20% higher
There was little sign over the weekend of any de-escalation in the war against Iran.
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There was little sign over the weekend of any de-escalation in the war against Iran.
The central debate has shifted from whether bitcoin can survive to if it can function as a sovereign reserve asset, as critics assess it by institutional standards.
The divergence between large and small holders has historically preceded further downside, with the Crypto Fear and Greed Index dropping to 12
Traders are watching whether the $1.35 support zone holds after high-volume selling earlier in the session.
Brazil and Argentina are leading the growth, with Brazil dominating by transaction size and Argentina seeing increasing adoption driven by cross-border payments and stablecoin use.
BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi and Third Point’s Daniel Loeb see steady economic growth but a tougher market environment.
Most majors gave back Friday’s gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin’s supply now sitting at a loss according to Glassnode data.
Bitcoin is now firmly in a deep bear market and could fall another 30% in 2026, firm said.
Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn.