Bitcoin Slides Below $79K as Trump’s Iran Threat Sends Oil Past $105
Bitcoin’s drop below $79,000 was driven by a sharp swing in global risk sentiment after the U.S.–China summit ended without progress and fresh Middle East tensions rattled markets.
Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of institutional demand after two difficult sessions. Ether ETFs, however, remained under pressure with a fourth consecutive day of outflows, while XRP and solana products continued to attract steady capital.
Bitcoin’s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills.
May 15, 2026, 7:10 pmBitcoin could rally toward $89.5K if bulls break the key $82.7K resistance.
May 15, 2026, 7:00 pmBitcoin’s drop below $79,000 was driven by a sharp swing in global risk sentiment after the U.S.–China summit ended without progress and fresh Middle East tensions rattled markets.
Sellers have pulled Bitcoin back below the $79,000 level, but buying may emerge as the price nears the $76,000 support.
Kraken is moving its wrapped Bitcoin (kBTC) to Chainlink CCIP as bridge-security fears continue spreading across DeFi, turning the bridge-security debate into a decision about wrapped-Bitcoin infrastructure.
Strategy, the world’s first and largest Bitcoin Treasury led by its founder Michael Saylor, recently resumed its weekly BTC buying spree after pausing purchases ahead of its earnings call on May 5. With the company now in buying mode, Saylor predicts Bitcoin’s price will rise 30% annually over the next 20 years.
Investors are piling into leveraged ETFs at a record pace, turning the Bitcoin risk-on boom into a test of whether speculative demand can survive hotter inflation and fading expectations of Fed rate cuts.
Bitcoin joined stocks in a sell-off over US bond yields as BTC price action eyed its lowest levels for May after giving up gains.
Strategy is taking steps to pare down convertible debt with an agreement to repurchase $1.5 billion in notes—and again teased Bitcoin sales.
Stocks, gold and crypto slid on Friday while crude oil topped $100 and traders repriced Fed expectations for rate hikes.
Strive is turning its SATA preferred stock into a daily-dividend Bitcoin treasury product, positioning the security as a higher-yield, faster-paying alternative to Strategy’s STRC just as Michael Saylor’s preferred-stock vehicle posted record trading activity.