
Bitcoin climbed to an intraday high of $77,831 on May 25, rising from just above $76,500 the previous day. The move was supported by growing optimism that Middle East peace negotiations could reduce geopolitical tensions and improve risk appetite. Bitcoin dipped to about $76,000 late Sunday before reversing sharply and adding more than $2,000 by Monday midmorning. It consolidated near $77,000 overnight, then pushed above $77,200, later breaking past $77,500 for the first time since Friday. Attempts to test $78,000 met rejection, and price stabilized around $77,500. The rally lifted 24-hour gains to 1.2% and market capitalization to about $1.55 trillion. Brent crude fell to $96, removing the oil market’s war premium, while analysts warned a potential Federal Reserve rate hike by October could undermine crypto recovery.
"Bitcoin climbed to an intraday high of $77,831 on May 25, buoyed by growing investor optimism that ongoing Middle East peace negotiations could ease geopolitical tensions and support risk appetite. Geopolitical de-escalation sent Brent crude plunging to $96, wiping out the oil market's war premium. Analysts warn that a potential Federal Reserve rate hike by October threatens the crypto recovery."
"Bitcoin surged to peak at $77,831 amid growing optimism over Middle East peace negotiations. The rally wasn't seamless, however; bitcoin initially dipped to $76,000 late Sunday before a sharp reversal added more than $2,000 by Monday midmorning. Market data shows that bitcoin consolidated near $77,000 between 8 p.m. EST Sunday and midnight, before a late-night push lifted it above $77,200."
"After holding that level until 4:50 a.m., bitcoin rallied past $77,500 for the first time since Friday. A brief retreat followed, setting up a second run that tested the $78,000 resistance level. While that peak triggered another rejection, bitcoin ultimately stabilized and consolidated around $77,500. At the time of writing (1 p.m. EST), bitcoin was again trading around this key level, having retreated from yet another attempt to test the $78,000 threshold."
"The price movement brought the cryptocurrency's 24-hour gains to 1.2 percent and lifted its market capitalization to approximately $1.55 trillion. Similar to bitcoin, oil markets reacted sharply to geopolitical developments over the weekend. Crude oil prices plunged following the Trump administration's assertion corroborated by Sunday reports out of the"
#bitcoin-price #middle-east-peace-negotiations #geopolitical-risk #federal-reserve-rate-hike #brent-crude-oil
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