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News list›Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy

CoinDesk2026-05-29 13:50:50BTC

Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy

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Markets move higher on Trump post In a Truth Social posting, President Trump said he was meeting in the "Situation Room" to make "a final determination" on the Iran peace deal. The president also said the naval blockade of the Strait of Hormuz will now be lifted. The news sent WTI crude oil down by more than 2%, now below $87 per barrel. Earlier flat, U.S. stocks are now posting modest gains, the Nasdaq higher by 0.2%. Even crypto is joining in, bitcoin (BTC) rising about $1,000 from the morning's lows to $73,500.

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