Bitcoin Edges Higher as Oil Price, Bond Yields Fall -- Market Talk

Dow Jones05-19 16:26

0826 GMT - Bitcoin rises slightly, recovering after falling to a two-and-half-week low on Monday as sentiment improves after President Trump said that he would hold off on a planned U.S. attack on Iran at the request of Gulf leaders. This causes oil prices to turn lower, with bond yields following suit as inflation worries ease. Still, moves are limited as uncertainty surrounding the conflict in the Middle East remains. Rising bond yields and macroeconomic uncertainty have weighed on crypto assets, Saxo analysts say in a note. Bitcoin rises 0.2% to $77,050 after falling to a low of $76,021 on Monday, LSEG data show. (jessica.fleetham@wsj.com)

 

(END) Dow Jones Newswires

May 19, 2026 04:26 ET (08:26 GMT)

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