Markets / 1 MIN READ
Active military strikes and a blockade of the Strait of Hormuz drive oil above $100, fueling a broad risk-off move in cryptocurrencies.
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Will the price of Bitcoin be above $66,000 on July 25?
Markets / 2 MIN READ
Earlier this weekPrediction markets slash odds of a mid-summer breakout as technical resistance and macro uncertainty weigh on near-term upside.
Markets / 2 MIN READ
Earlier this weekTraders now assign 47 percent odds to a sub-$55,000 dip by December, even as Wall Street targets exceed $140,000.
Markets / 1 MIN READ
The cryptocurrency hit a two-week high on July 21, driven by the longest streak of net inflows into U.S. spot Bitcoin ETFs since early July.
© 2026 Prediction Market Network. Market data references Polymarket and Kalshi and may change rapidly.
The price of Bitcoin on Binance fell to approximately $58,200 at noon ET on July 25, well below the $66,000 level, as escalating U.S.-Iran hostilities rattled global financial markets. The 1-minute candle close on the exchange marked a sharp decline amid a broader risk-off sentiment.
The U.S. military launched new strikes on Iranian targets on July 24, and President Trump threatened a "massive attack" against Iran, according to NBC News. The conflict has disrupted traffic through the Strait of Hormuz, a vital chokepoint for global oil supplies, sending crude prices above $100 per barrel.
The geopolitical turmoil has weighed on risk assets including cryptocurrencies, with Bitcoin dropping alongside equities and other speculative investments. The downturn reflects investor anxiety over potential supply disruptions and broader economic instability linked to the widening war in the Middle East.
The continued military operations and the threat of further escalation suggest persistent uncertainty for digital assets and other markets sensitive to global risk appetite.