Author name: Siim

Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war

Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war

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Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches. Mar 6, 2026, 10:29 a.m. Bitcoin is on the cusp of falling below $70,000 for the first time since Wednesday, after climbing as high […]

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Dow futures tick higher, but index heads for worst week since October as oil price fluctuates: Live updates

Dow futures tick higher, but index heads for worst week since October as oil price fluctuates: Live updates

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Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows

Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows

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When oil prices sneeze, risk assets catch pneumonia. Crypto is currently reaching for the tissues. Prediction market Polymarket now shows a record 73% probability that US oil prices will breach $90 per barrel this month — a level not seen since October 2023. Bitcoin responded by slipping below $71K, while the broader crypto Fear &

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Crude Oil Prices Surge as Iran War Upends Global Crude Flows

Crude Oil Prices Surge as Iran War Upends Global Crude Flows

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April WTI crude oil (CLJ26) on Thursday closed up +6.35 (+8.51%), and April RBOB gasoline (RBJ26) closed up +0.1560 (+6.20%). Crude oil and gasoline prices soared on Thursday, with crude posting a 19.5-month nearest-futures high and gasoline posting a 1.75-year high.  Crude prices continue to climb as the war in the Middle East entered its

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Ecopetrol Eyes Oil Output Boost As Iran Crisis Pushes Up Prices

Ecopetrol Eyes Oil Output Boost As Iran Crisis Pushes Up Prices

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By Julianne Geiger – Mar 05, 2026, 3:00 PM CST Colombia’s state-controlled oil giant Ecopetrol may increase spending and boost output if elevated oil prices persist amid the escalating Middle East conflict, the company’s chief executive said Thursday. Benchmark Brent crude has surged to its highest level in more than a year following U.S.-Israel strikes

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Bitcoin fails again at $71,500 as weakening momentum raises risk of a deeper pullback

Bitcoin fails again at $71,500 as weakening momentum raises risk of a deeper pullback

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Bitcoin has again failed to hold $71,500, reinforcing the level as a long-term ceiling while global markets shift into a risk-off environment driven by rising oil prices and higher bond yields. The latest rejection came after Bitcoin briefly rose past $73,000, then lost momentum and fell back below $71,500. Bitcoin price chart showing BTC rejection

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Bitcoin’s hedge test begins as oil surges – Here’s what analysts say!

Bitcoin’s hedge test begins as oil surges – Here’s what analysts say!

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Journalist Investors are seeking hedges in the current market environment. From a technical perspective, much of the focus is centered on oil. Elevated oil prices point to long-term inflationary pressures forcing investors to reposition defensively, a shift that is weighing on Bitcoin [BTC]. As the chart below illustrates, the Middle East conflict has driven oil

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