Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
Bitcoin and other risk assets have been whipsawed by President Donald J. Trump’s shifting rhetoric on Iran. Here are some indicators that help cut through the noise.
Markets
Oil trader takes $17 million hit as tokenized crude rivals bitcoin liquidations
Brent crude futures on Hyperliquid recorded $46.6 million in liquidations, behind only ether and bitcoin. The single largest liquidation was a $17.17 million oil position.
Bitcoin, ether, solana slide further as Trump threatens to hit Iran ‘extremely hard’
Crypto and equities sold off after the president’s national address undermined a two-day rally built on expectations the war was ending. Oil jumped 5% to above $106.
Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
The Citadel-backed exchange is seeking approval to offer custody and asset services as institutional demand grows.
Strategy’s STRC keeps dividend payout steady at 11.5% after seven straight increases
The perpetual preferred yield holds at 11.5% for April as the 30-day volume weighted average price stabilizes near $100.
Some quantum-resistant tokens jump 50% as Google flags risks to Bitcoin security
The so-called quantum-resistant coins rally as traders switch to potential long-term security.
These catalysts could bump bitcoin as Trump hands three-week target to end Iran war
Asian stocks surged 4% and S&P 500 futures jumped after Trump said the conflict could conclude without a deal with Tehran, while Morgan Stanley’s newly approved bitcoin ETF at 14 basis points opens a $6.2 trillion advisory channel.
XRP holds $1.34 as supply tightens but price fails to break higher
Record outflows and rising scarcity suggest accumulation, yet failure to break higher keeps setup unresolved.
Bitcoin is closer to its ‘buy zone’ than it’s been in three years
The gap between bitcoin’s spot price and realized price is compressing toward levels that historically marked cycle bottoms, but the on-chain data shows the capitulation that typically precedes those bottoms hasn’t happened.
Bitcoin, stocks rise, oil slides, after report of Iran’s willingness to end conflict
Iran’s President Masoud Pezeshkian said the country is prepared to end the conflict if it receives security guarantees.