Short-term holder profit-taking is offsetting fresh demand from ETFs and Strategy, pointing to consolidation below $80,000, Bitfinex analysts said.
Strong earnings season trumps geopolitical risks for now, one trader said, as equities and crypto markets "stopped caring" about Iran war headlines.
BTC pushed to an 11-week high with dynamics for a short squeeze building, one analyst noted.
Crypto steadied despite rising Iran tensions, but DeFi is reeling from one of the largest exploits of the year.
The $75,000-$76,000 range has proven to be stiff resistance as bitcoin attempts to claw back this year's losses.
The Nasdaq was higher for the 11th consecutive session as investors looked past the conflict in the Middle East.
It was an ugly day all around in markets as the Iran war has sent oil prices and bond yields surging higher.
Crypto prices and risk assets remain at the mercy of macro headlines for now, one analyst said.
Market participants are now pricing in rate hikes, and it could be weighing on risk assets.
Cryptos bounced on Trump’s five-day pause announcement, but the next move hinges on whether tensions between the U.S. and Iran ease or spiral, a Wintermute trader said.
CEO Jensen Huang predicted $1 trillion in chip demand through 2027 and praised OpenClaw and the rapid rise of agentic AI systems.
Gains came for crypto and stocks as tensions around the Strait of Hormuz appeared to ease slightly, sending oil prices lower.
Surging to a near one-month high of $74,000, bitcoin reversed back to just above $71,000 as news of U.S. military movements in the Middle East rattled risk assets.
Falling oil prices are helping, but a bounce seemed in the cards after some of the worst sentiment in bitcoin's history.
U.S. President Trump said stopping Iran is more of a concern than oil prices, as crude climbed 10% on Thursday.
The International Energy Agency (IEA) on Tuesday said it will convene an extraordinary meeting of its member countries to consider releasing emergency oil reserves.
It's been a historic 24 hours for crude oil, which soared to $120 per barrel overnight on Iran worries, but has plunged back to just above $80.
The two battered markets have had a nearly one-to-one correlation in recent months, but are moving in opposite directions on Thursday.
Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff.
Between credit stress concerns, a hot PPI inflation reading, and tensions between U.S. and Iran, investors have plenty of reasons to stay away from risk assets.
Crypto rebounds sharply from Tuesday's lows, yet traders question whether the move marks a lasting turn or another range-bound bounce.
Ether, solana and dogecoin are among the altcoins posting 10% or more advances.
Crypto has been nearly perfectly correlated with a key software sector ETF, and that gauge has tumbled another 5% Monday to a new 52-week low.
Crypto prices edged higher on Friday despite a splash of tariff turbulence after the U.S. Supreme Court ruled Trump's levies illegal.
As has been typical in crypto markets of late, even the most modest move higher was met with immediate selling.
The average bitcoin ETF investor now sits on a 20% paper loss, leaving the market vulnerable to capitulation selling if prices slide further, a Wintermute trader said.
Bitcoin is now on track for its fifth consecutive weekly decline, and losing this level could open the floor for a fresh leg lower.
Coinbase, Circle, Galaxy, IREN and Riot led the early morning rebound among crypto-related stocks as the battered software sector found some relief.
The most important indicator for bitcoin's price direction at the moment is the iShares Tech-Software ETF, and it's down another 3% on Tuesday.
Thomas Lee, speaking on stage at Hong Kong Consensus 2026, said investors should be looking at opportunities as crypto is in the midst of a "mini winter."