Bitcoin Drops Below $80K as US Producer Price Inflation Hits 6% in April 2026
Bitcoin fell below $80,000 after the April 2026 US Producer Price Index (PPI) surged to 6%, matching 2022 levels. The hotter-than-expected inflation d...
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Oil Prices Surge 6% as U.S.-Iran Tensions Threaten Strait of Hormuz Shipping
Global oil prices jumped nearly 6% Sunday evening following escalating U.S.-Iran tensions over the Strait of Hormuz. The surge reverses much of Friday...
Crypto Traders Bet $500M on Oil Surge as Strait of Hormuz Closes, Driving Crude Toward $100
Crypto traders executed over $500 million in synthetic oil futures on Hyperliquid over the weekend, betting on crude prices rebounding to $100 per bar...