Markets swing as Iran rejects Trump peace plan
Global markets swung sharply after Iran rejected a US-led peace proposal, reversing an earlier rally driven by hopes of a ceasefire in the Middle East conflict.
Global markets swung sharply after Iran rejected a US-led peace proposal, reversing an earlier rally driven by hopes of a ceasefire in the Middle East conflict.
Bitcoin has outperformed traditional assets including equities and gold during recent US-Iran tensions, signalling a shift in how investors position during geopolitical stress.
Bitcoin has rebounded about 12% to $71,012 since the Iran conflict began, challenging its earlier weakness but failing to confirm a safe-haven role.
Bitcoin defended its $67,035 monthly open and pushed towards $72,000 after US President Donald Trump delayed planned strikes on Iran, triggering a broad risk-on move across markets.
Bhutan has shifted another large batch of Bitcoin from its state-linked wallet, continuing a steady drawdown in March.
Ark Invest purchased $16.34 million worth of Circle shares on Tuesday, adding 161,513 shares across its ETFs as the stock dropped sharply.
Hyperliquid Strategies has launched options trading for its common stock PURR on the Nasdaq Options Market, aiming to enhance liquidity and investor access.
Bitcoin has seen sustained net outflows from exchanges throughout March, suggesting investors are accumulating the asset rather than preparing to sell.
Bhutan has transferred 519.7 bitcoin worth roughly $36.75 million to two wallets, signalling continued movement of state-held crypto reserves.
Binance will remove several cross-margin and isolated-margin trading pairs involving Ripple’s XRP, Bitcoin Cash, and Avalanche on March 27, with the process expected to take around three hours.
Bitcoin Depot has replaced its chief executive as regulatory pressure intensifies on its crypto ATM business, with former MoneyGram CEO Alex Holmes taking over the role.
The US Commodity Futures Trading Commission has launched an Innovation Task Force to develop clearer regulatory frameworks for crypto, artificial intelligence and prediction markets.