*Iran attacks two merchant ships trying to pass through the Strait of Hormuz* This is reported by Reuters, citing sources. This happened shortly after Iran announced its increased control over the strategic waterway due to the blockade of Iranian ships and ports by America. And again everything starts to turn red and fall! This is the reaction of the crypto market#iran #HormuzStrait $BNB
🇮🇷 Iran has resumed the work of the Strait of Hormuz - an important oil export route is open again, the country's Foreign Ministry said ⚡️ Oil prices are falling sharply - Brent fell below $ 90 per barrel#OilMarket #IranAttackIsrael
#BitcoinPriceTrends 📣 Bitcoin Holds Near $75,000 Awaiting Signals on US and Iran
The market remains cautious as the Fear and Greed Index has fallen to 21 points.
👉 Bitcoin is trading around $74,748.23, down 0.4% in 24 hours 👉 Ethereum is around $2,324, down 1.5%
On-chain data indicates significant shorting in the market, which increases the risk of a sharp short squeeze and could push BTC to $125,000. #BTC $BTC $ETH
Gold prices edged lower in Asian trading on Friday but were headed for a modest weekly gain as markets anticipated new ceasefire talks between the US and Iran.
Soft US inflation data also supported the precious metal, as did a weaker dollar. However, the US currency recovered slightly on Friday, putting pressure on metal prices.
Spot gold fell 0.2% to $4,782.34 per ounce, while gold futures were down 0.1% to $4,803.29 per ounce by 1:16 a.m.
Spot prices were up about 0.9% for the week, having earlier advanced on growing hopes for new peace talks between the US and Iran. US President Donald Trump noted improved relations with the country and expressed optimism about new talks before their ceasefire agreement expires next week.
Markets were also encouraged by the US brokering a 10-day ceasefire agreement between Israel and Lebanon.
However, gold's gains were capped by lingering caution about the inflationary impact of the war with Iran, especially as oil prices remained elevated due to the prospect of continued disruptions to shipping in the Strait of Hormuz.
Spot prices remained within the $4,700-$4,900 per ounce trading range established over the past week, with few signs of a breakout.
Other precious metals outperformed gold this week. Spot silver fell 0.4% to $78.3065 per ounce on Friday, while spot platinum fell 0.4% to $2,083.15 per ounce. Both metals are up more than 3% for the week. #XAU #PAXG $XAU {future}(XAUUSDT) $XAG {future}(XAGUSDT) $PAXG {future}(PAXGUSDT)
Gold prices edged lower in Asian trading on Friday but were headed for a modest weekly gain as markets anticipated new ceasefire talks between the US and Iran.
Soft US inflation data also supported the precious metal, as did a weaker dollar. However, the US currency recovered slightly on Friday, putting pressure on metal prices.
Spot gold fell 0.2% to $4,782.34 per ounce, while gold futures were down 0.1% to $4,803.29 per ounce by 1:16 a.m.
Spot prices were up about 0.9% for the week, having earlier advanced on growing hopes for new peace talks between the US and Iran. US President Donald Trump noted improved relations with the country and expressed optimism about new talks before their ceasefire agreement expires next week.
Markets were also encouraged by the US brokering a 10-day ceasefire agreement between Israel and Lebanon.
However, gold's gains were capped by lingering caution about the inflationary impact of the war with Iran, especially as oil prices remained elevated due to the prospect of continued disruptions to shipping in the Strait of Hormuz.
Spot prices remained within the $4,700-$4,900 per ounce trading range established over the past week, with few signs of a breakout.
Other precious metals outperformed gold this week. Spot silver fell 0.4% to $78.3065 per ounce on Friday, while spot platinum fell 0.4% to $2,083.15 per ounce. Both metals are up more than 3% for the week. #XAU #PAXG $XAU $XAG $PAXG
Gold prices rose above $4,810 on hopes of a ceasefire between the countries. The parties reached an agreement in principle to continue the dialogue. Gold prices rose slightly on the back of increased diplomatic efforts between the United States and Iran, which eased concerns about inflation. Details The price of gold rose above $4,810 an ounce after falling 1.1% in the previous session. The rise came on the back of hopes that the ceasefire between the United States and Iran would continue, which could stabilize global markets.
At the same time, the situation in the Strait of Hormuz remains tense, with vessel traffic restricted due to a blockade by the United States and Iran.
Impact of the negotiations According to media reports, the parties have an "agreement in principle" to continue the talks after the first round in Pakistan. US President Donald Trump also said that the war is "almost over".
These signals have eased pressure on energy markets and lowered inflation expectations.
Forecasts Analysts say gold remains under pressure due to high rates and volatile liquidity.
The policy response will be key
- said Standard Chartered's Suki Cooper, adding that gold "is no longer moving in step with risk assets." Gold prices have fallen about 9% since the start of the war, but have recently recovered somewhat on expectations of de-escalation.#GOLD #XAU #PAXG $XAU $PAXG
🔥 Bitcoin Holds Near $74,000 After Market Rupture The crypto market has declined after a recent short squeeze, but has not lost momentum. 👉 Bitcoin is trading at $73,999.16, down 0.4% in 24 hours 👉 Ethereum is down to $2,318.10, or 1.9% 👉 The Fear and Greed Index has risen to 23 points, although the market still remains in the extreme fear zone Over the past 24 hours, approximately $547 million in positions were liquidated in the crypto market, of which about $446 million were short positions.#BTC #ETH $BTC $ETH
The cryptocurrency market is mostly in the green today — BTC is already above $74k. In the last 24 hours, it has liquidated shorts for ~$400 million.
The positive is again being tied to geopolitics: information has emerged that the US is allegedly reversing the operation, and Iran has agreed to postpone its nuclear program for 5 years.
I wonder how oil, which can be traded on Binance, will behave. But even more interesting — when gasoline prices fall in our country 😁. #altsesaon $BNB $BTC $ETH
✳️ Bitcoin nears $75,000 Market hopes for de-escalation around US-Iran talks supported growth. 👉 Bitcoin rose to $74,307.62 on Tuesday, adding 4.8% in 24 hours 👉 Ethereum rose to $2,360.69, or 7.6% in 24 hours 👉 Total crypto market capitalization increased to $2.5-2.6 trillion, the market added more than $100 billion in a day Over the past 24 hours, 177,000 traders' positions worth about $530 million were liquidated, of which about $425 million fell on short positions.#BTC #StrategyBTCPurchase $BTC
After the US announced a blockade of the Strait of Hormuz amid the breakdown of talks with Iran, BTC fell to $70,820, losing 1.3% in the last 24 hours.
Ethereum fell 1.4% to $2,187.6.
Meanwhile, oil jumped above $100 per barrel in the first 30 minutes after the market opened.
👉 The crypto market's fear and greed index fell to 12 points against 16 a day earlier, which corresponds to the extreme fear zone.#IranIsraelConflict $BTC
🛢Oil above $100 – the market reacted to the US announcement of a blockade of all Iranian maritime traffic. Since Monday morning, prices have exceeded $102 per barrel. ℹ️ The US announced a blockade of all vessels entering or leaving Iranian ports starting at 10 a.m. ET on April 13. ▪️The restrictions will apply to all vessels without exception, regardless of country. ▪️This applies to entry and exit from Iranian ports, including the Persian Gulf and the Gulf of Oman. ▪️However, transit through the Strait of Hormuz for other destinations will not be restricted. The US Central Command stated that the measures are aimed exclusively at shipping associated with Iran. #oil $BZ
Vice President J.D. Vance stated that the talks between the US and Iran held in Pakistan ended without agreement, CNN reports.
He said that after 21 hours of substantive discussions, the parties were unable to reach an agreement because the Iranian delegation refused to accept the US terms, which Washington described as "reasonably flexible."
Vance emphasized that the US acted with "good intentions and made every effort," but progress was not achieved. He suggested that Iran's abandonment of its nuclear weapons program was the key obstacle, adding that Washington offered its "final and best offer" in the negotiations. #US $BNB
Gold and Silver on Crypto Exchanges: An $8.6 Billion Daily Market. Analytical Review. Gold and silver are traded 24/7 on crypto exchanges. Market volumes have tripled in three months. How a new instrument is changing the rules of the game. Perpetual futures on gold, silver, and other traditional assets are rapidly conquering crypto exchanges. In three months, the average daily trading volume has nearly tripled, from $3 billion to $8.6 billion. Investors are voting with their dollars: 24/7 access to familiar assets through the crypto market is becoming the new norm.
The volume of perpetual silver futures peaked at 40% of the volume of similar contracts on COMEX, the world's largest commodity exchange, and gold contracts have already surpassed their regional exchange counterparts in trading volume.
Traditional markets are closed over the weekend, but trading on cryptocurrency exchanges continues – and it turns out that it accurately predicts how the market will open on Monday: the direction of movement matches 89% of the time, and perpetual contracts reflect about 57% of the final opening gap.#XAU #PAXG #XAGUSTD $XAU
Gold Price Forecast: XAU Trading Sideways, Key Resistance Seen at $4,780-$4,900 Gold Price Forecast: XAU Trading Sideways, Key Resistance Seen at $4,780-$4,900 Gold is trading flat today at $4,765 Gold XAU $4,750.37 is trading at $4,765.54, showing virtually no daily change, down 0.02%. The asset remains above its SMA-20, indicating short-term bullishness, but is below its SMA-50 and significantly above its SMA-200, reflecting medium-term resistance and significant long-term support. #XAU #PAXG $XAU