Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears
Bitcoin and ether have remained relatively unchanged despite record highs in global stocks and a decline in oil prices. Analysts suggest that the lack of a clear catalyst for the cryptocurrency market is due to a focus on regulatory developments rather than geopolitical events. Institutional investors are waiting for clarity on U.S. crypto regulations, which has left the market in a state of uncertainty.
- ▪Bitcoin and major cryptocurrencies fell about 5% to 7% over the past week.
- ▪Global stock indexes hit record highs while oil prices slumped due to a tentative U.S.-Iran ceasefire extension.
- ▪Analysts indicate that the market is waiting for regulatory clarity rather than reacting to macroeconomic news.
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| Publication time | Fri, 29 May 2026 04:41:55 +0000 |
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin, ether little-changed despite record stocks, falling oil and easing war fearsGlobal stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical.By Shaurya Malwa May 29, 2026, 4:41 a.m. 2 min readMake preferred on What to know: Bitcoin and major cryptocurrencies fell about 5% to 7% over the past week even as global stock indexes hit record highs and oil prices slumped.A tentative 60-day extension of the U.S.-Iran ceasefire pressured Brent crude to its worst month since March 2020 but failed to spark a sustained crypto rally.Analysts say bitcoin’s break below key moving averages,…
Excerpt limited to ~120 words for fair-use compliance. The full article is at CoinDesk.