Geopolitics

Between 14:15 and 14:30 UTC on May 29, 2026, BTC saw a sharp intraday drop, with a return rate of -0.40%. The price ranged from 72,500.0 to 73,068.0 USDT, with a 0.78% amplitude. This period coincided with the U.S. financial market early trading session. Liquidity gradually recovered, but volatility increased, and prices continued the pullback trend that began in mid-May. The main driver of this anomaly was an escalation in geopolitical risk. Tensions in the Middle East intensified; conflict bet

According to Cointelegraph, Intercontinental Exchange (ICE) CEO Jeffrey Sprecher said on May 29 that regulators should allow regulated exchanges to offer round-the-clock on-chain perpetual futures trading to create a level playing field with decentralized platforms like Hyperliquid. Sprecher noted t

Altcoins rebounded on Jan. 22 as global markets rallied following the resolution of a transatlantic crisis. Market capitalization surged nearly 10% to $1.39 trillion before easing back to $1.32 trillion. Ethereum Leads the Recovery Altcoins recovered on the afternoon of Jan. 22 as global market

ETH drops below $2,000 after geopolitical tensions trigger broad crypto market sell-off. Nearly $1 billion liquidated, with long positions suffering the largest losses. Weak technicals and ETF outflows increase downside risk toward the $1,500 support zone. Ethereum — ETH, slipped under t

According to Michaël van de Poppe on X, the crypto market is being weighed down by the global economic impacts of the US-Iran conflict. As of May 29, Bitcoin is trading at $74,412, down 1.9% on the day. The analyst expects an agreement between the two countries will be reached in the coming weeks, w

Between 07:30 and 07:45 UTC on May 29, 2026, BTC’s return rate recorded -0.48%, with a price range of 73,401.8 to 73,763.9 USDT and a range of 0.49%. During this period, the price fell from around $73,700 to the $73,300 area, showing a clear short-term pressure trend. Market sentiment was bearish, and volatility expanded significantly compared with the previous few days. The main driving force behind this abnormal move is the escalation of geopolitical tensions between the US and Iran in the Str

According to crypto reporter Eleanor Terrett, U.S. Treasury Secretary Scott Bessent reiterated on May 29 that the Trump administration will not introduce a central bank digital currency (CBDC) during its term. However, the House-passed "21st Century Housing Act" includes a temporary ban on Federal

Fidelity’s 2026 trend report says that Iran accepted Bitcoin, dollar-pegged stablecoins, and RMB payments for transit fees through the Strait of Hormuz in April, signaling a major shift toward alternative settlement mechanisms. The report also notes that gold’s share in central bank reserves has surpassed dollar assets, and that Bitcoin’s expected excess returns have not yet been realized; additionally, after the U.S. froze stablecoins, USDT continued to dominate payments.

Fidelity Digital Assets released a report on January 28 analyzing Iran's Bitcoin-based Hormuz Safe system as evidence that Bitcoin is entering international settlement and reserve asset discussions. Iran announced on January 18 the introduction of the Hormuz Safe system for managing passage

According to Fidelity Digital Assets, on May 28, Iran has introduced a Bitcoin-based payment system called 'Hormuz Safe' for managing transit fees through the Strait of Hormuz, which handles 20% of global oil shipments. Fees under the system are settled in Bitcoin. In its 2026 Digital Assets

According to PANews, on May 29, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit in Rhode Island federal court to block the state from applying its gambling laws to CFTC-registered derivatives contracts. CFTC Chair Michael S. Selig stated that registered exchanges face multiple l

On May 29, Bitcoin slid amid weakness, hitting a low of $72,669, and crypto market liquidations over the past 24 hours nearly reached $924 million. Iranian armed forces launched missiles at multiple targets late Thursday night, and Iranian state media Fars News Agency said the military operation had taken place. This happened only hours after a White House official confirmed to CNBC that the U.S. and Iran had “basically reached agreement on the terms,” with both sides planning to sign a 60-day m

According to CoinDesk, Elena Carletti, an executive at Italy's UniCredit, warned that Europe may struggle to contain financial shocks related to crypto companies and banks. She highlighted that the EU's MiCA regulation requires stablecoin issuers to hold reserves in bank deposits and government

Elena Carletti, deputy vice chair of UniCredit and head of the bank's risk committee, stated at a banking conference organized by Madrid's IESE business school that Europe may struggle to contain risks from links between crypto assets and banks in the same way U.S. authorities limited damage

According to Elena Carletti, UniCredit's deputy vice chair and head of the bank board's risk committee, Europe may struggle to contain risks from links between stablecoins and banks in the same way U.S. authorities limited damage during the 2023 Silicon Valley Bank crisis. Speaking at a banking

According to Scroll co-founder Sandy Peng on May 28, Bitcoin faces quantum computing threats estimated at approximately 10 years or less. Google Quantum AI's March white paper reveals that cracking Bitcoin's secp256k1 elliptic curve using an optimized Shor algorithm requires only about 1,200

Since May 2026, the global crypto asset market has gone through a notable pullback. As of May 28, 2026, according to Gate market data, Bitcoin has dipped to a low of $72,800, officially breaking below the $73,000 psychological support level that the market widely views as the lifeline for long positions. The core driver behind this drop is not internal structural issues within the crypto market, but a resonance of two macro-level forces returning to prominence: geopolitical risk and renewed expe

Opening President Donald Trump on May 27 promised to establish a "future-proof" regulatory framework for digital assets that cannot be reversed by future administrations. In a Truth Social post, Trump stated his administration is building permanent market structure protections against what he