Bitcoin & Cryptocurrency News

Geopolitical tensions are back in focus after the latest escalation between the U.S. and Iran sent oil higher and stocks lower. Bitcoin, meanwhile, barely moved.BTC traded around $78,000 during Asian hours following a U.S. attack on an Iranian island in the Strait of Hormuz, one of the world’s most important oil shipping routes. Iran responded with retaliatory action, adding further pressure to a region already disrupted by months of conflict.WTI crude futures jumped nearly 2% to around $85 per barrel, while Brent climbed 1.9% to above $92. Nasdaq futures slipped around 0.5% alongside losses across Asian equity markets. Gold fell

Michael Saylor’s Strategy is buying Bitcoin again.After nearly two months without a purchase, Strategy (MSTR) returned to Bitcoin buying last week, purchasing 4,603 BTC for approximately $369.7 million.The company paid an average of $80,318 per Bitcoin, marking its first Bitcoin acquisition since late June. Strategy Adds 4,603 Bitcoin The purchase was funded through the sale of approximately $602.8 million in Strategy common stock.Of those proceeds, roughly $369.7 million went toward Bitcoin, while another $151.8 million was used to repurchase shares of Strategy’s STRC preferred stock. The remaining proceeds were added to the company’s cash reserves.With the latest acquisition, Strategy now

Bitcoin moved back above $80,000 on Thursday as U.S. spot Bitcoin ETFs continued recording billions of dollars in inflows and digital assets moved higher alongside U.S. technology markets.Bitcoin gained more than 1% over the previous 24 hours, reclaiming the $80,000 level on August 27. The move comes during a period of renewed activity across U.S. spot Bitcoin funds, which have taken in approximately $2.8 billion since the latest run began. Bitcoin Reclaims $80,000 Bitcoin returned above $80,000 during Thursday trading, putting the world’s largest cryptocurrency back above a major price level after its recent market recovery.Bitcoin remains approximately 37% below

Bitcoin held near $79,000 on Wednesday following a strong week for the cryptocurrency market. Bitcoin has gained approximately 23% over the past seven days, while trading activity remained elevated across spot and futures markets. The broader crypto market moved lower Wednesday, with several major digital assets giving back a portion of their recent gains. Ethereum, XRP and Solana were among the cryptocurrencies trading lower during the session. Bitcoin Holds After 23% Weekly Gain Bitcoin’s latest move follows a significant week for the digital asset market. Despite Wednesday’s modest decline, Bitcoin continues to hold most of its weekly advance, keeping the