<\/p>\n\n\n\n
Bitcoin edged lower on Thursday, pausing its recent rally as investors reassessed the fragile U.S.-Iran ceasefire and growing geopolitical uncertainties surrounding the Middle East.<\/p>\n\n\n\n
The world\u2019s largest cryptocurrency slipped 1.2% to $70,862.6, after posting strong gains earlier in the week on optimism over a potential two-week ceasefire and upcoming peace talks. However, that momentum began to fade as signs emerged that the truce may not hold.<\/p>\n\n\n\n
Tensions resurfaced after Iran accused the U.S. and Israel of violating elements of a proposed 10-point agreement. Tehran also insisted that Lebanon be included in any ceasefire framework and called for an end to Israeli operations there\u2014demands that were rejected by both Washington and Tel Aviv.<\/p>\n\n\n\n
Further complicating the outlook, Iran has kept the Strait of Hormuz largely closed, despite earlier indications that it could be reopened. The waterway remains a central point of contention, given its critical role in global oil supply.<\/p>\n\n\n\n
Adding to market caution, President Donald Trump reiterated that U.S. military forces would remain positioned around Iran until a \u201creal agreement\u201d is reached, while continuing to demand that Tehran halt its nuclear activities and reopen the strait.<\/p>\n\n\n\n
Bitcoin and broader crypto markets had surged on initial ceasefire headlines, but risk appetite cooled by Thursday, with global equities and currencies also retreating.<\/p>\n\n\n\n
In a surprising development, reports suggested Iran may impose cryptocurrency-based tolls on vessels passing through the Strait of Hormuz. Shipping companies could reportedly be required to pay fees in Bitcoin, adding a new layer of complexity to global trade flows.<\/p>\n\n\n\n
Across the wider crypto market, sentiment also weakened. Ethereum dropped 3.1% to $2,175.61, while XRP fell 3.8%. Other major tokens including Solana, Cardano, and BNB declined between 2% and 4%, while meme coins also posted losses as the risk-driven rally lost steam.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin edged lower on Thursday, pausing its recent rally as investors reassessed the fragile U.S.-Iran ceasefire and growing geopolitical uncertainties surrounding the Middle East. The world\u2019s largest cryptocurrency slipped 1.2% to $70,862.6, after posting strong gains earlier in the week on optimism over a potential two-week ceasefire and upcoming peace talks. However, that momentum began …<\/p>\n","protected":false},"author":9,"featured_media":82387,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-125527","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=125527"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125527\/revisions"}],"predecessor-version":[{"id":125528,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125527\/revisions\/125528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/82387"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}