Bitcoin faces critical weekend test as Iran closes Strait after immediately disputing the US narrative on Hormuz deal
Bitcoin’s post-Hormuz rally faces a weekend test as Iran disputes Trump’s deal claims and shipping, oil, and bond risks remain unresolved.
Happy Saturday!
Bitcoin braces for a tense weekend showdown as Iran disputes the US Hormuz deal narrative, threatening its post-rally gains amid oil and shipping risks, while a staggering $28 trillion surges through crypto’s agent economy (76% bot-fueled stablecoin shuffles) and censorship resistance faces scrutiny in the escalating battle over freezing digital dollars. Dive into the full stories below.
The global crypto market cap is $2.57 trillion, with a 24-hour volume of $142.79 billion. The price of Bitcoin is $76,227.57, and BTC market dominance is 59.4%. The price of Ethereum is $2,360.72, and ETH market dominance is 11.1%. The best-performing sector is Virtual Reality, which gained 8%. The Crypto Fear & Greed Index is currently Extreme Fear (26).
📰 Top News
Bitcoin faces critical weekend test as Iran closes Strait after immediately disputing the US narrative on Hormuz deal
Bitcoin’s post-Hormuz rally faces a weekend test as Iran disputes Trump’s deal claims and shipping, oil, and bond risks remain unresolved.
Staggering $28 trillion flows through crypto’s ‘agent economy’ – but 76% of it is just bots shuffling stablecoins
A rising share of on-chain payments is machine-led, but DWF, BCG, and others show the so‑called agent economy still depends on centralized gateways.
Crypto censorship resistance is questioned as major fight breaks out over who gets to freeze your digital dollars
Circle says freezes should follow lawful process. Tether is proving the appeal of fast intervention. After Drift and Rhea, stablecoin users may care more about stopping thieves than old crypto slogans.
Buy Borrow Die Guide Series: Why long-term crypto holders borrow against assets instead of selling
A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto. Brought to you by CoinRabbit.
Ad: On Schedule and Above Target: JST’s Third Buyback and Burn Breaches $21 Million
JustLend DAO said its third JST buyback and burn removed 271.3 million tokens worth about $21.3 million, bringing total supply reduction to 13.7% in six months.