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Ethereum price started a fresh increase and remained stable above $2,350. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,350 zone. The price is trading above $2,365 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,320 zone. Ethereum Price Aims for Fresh Gains Ethereum price managed to stay above the $2,300 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,320 and $2,350. The price even climbed toward $2,365. A high was formed at $2,387, and the price is now consolidating gains. It is...

Geopolitical tensions from the US blockade may lead to increased market volatility, affecting investor confidence in Bitcoin's future growth.
The post US naval blockade in Strait of Hormuz impacts Bitcoin market sentiment appeared first on Crypto Briefing.

The U.S. Navy's cautious stance in Hormuz may prolong regional instability, affecting global oil markets and diplomatic relations.
The post US Navy limits Hormuz escorts amid Iran tensions, impacting blockade outlook appeared first on Crypto Briefing.

Bitcoin's surge highlights its sensitivity to geopolitical tensions, underscoring its role as a hedge against global economic uncertainty.
The post Bitcoin surges to $80,000 amid US-Iran tensions, first time since January appeared first on Crypto Briefing.

Bitcoin's surge highlights the cryptocurrency market's sensitivity to geopolitical events, potentially influencing future investment strategies.
The post Bitcoin surges past $80K, $104M in shorts liquidated amid US-Iran ceasefire appeared first on Crypto Briefing.

Trump's stance may exacerbate US-Iran tensions, hindering diplomatic progress and impacting broader geopolitical stability and market dynamics.
The post Trump’s rejection of Iran proposal impacts US-Iran diplomatic meeting outlook appeared first on Crypto Briefing.

Bitcoin price started a fresh increase and cleared the $80,000 zone. BTC is consolidating and might aim for more gains above the $80,500 level. Bitcoin managed to stay above $78,000 and started a fresh increase. The price is trading above $78,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $79,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $79,000 and $78,500 levels. Bitcoin Price Regains Traction Bitcoin price found support near $78,000 and started a fresh increase. BTC gained pace for a move above the $78,500 and $78,800 resistance levels. The bulls even pushed the price above $80,000. A high was formed at $80,336, and the price started a cons...

Iran's selective blockade in Hormuz heightens geopolitical tensions, potentially impacting global oil markets and diplomatic relations.
The post Iran imposes selective Hormuz blockade amid US tensions appeared first on Crypto Briefing.

Orlando Magic's financial constraints and lack of offensive cohesion threaten their future playoff aspirations.
The post Zach Lowe: Orlando Magic’s playoff resilience questioned, financial commitments threaten roster flexibility, and Jalen Suggs’ contract under scrutiny | Bill Simmons appeared first on Crypto Briefing.