Bitcoin Edges Higher But Iran War Uncertainty Limits Gains -- Market Talk

Dow Jones15:25

0725 GMT - Bitcoin edges higher but remains below the key $80,000 level as heightened uncertainty over the Iran war keeps investors cautious. President Trump said Iran was "begging" to make a deal but the U.S. would launch fresh attacks if one wasn't reached in coming days. The WSJ reported that mediators saw little progress in the U.S.-Iran talks. "If you're looking for positives it seems there are three oil tankers currently navigating the Strait [of Hormuz] this morning, two Chinese and one South Korean," Deutsche Bank analysts say in a note. Meanwhile, investors are awaiting earnings from Nvidia after the U.S. close and the Federal Reserve's latest meeting minutes at 1800 GMT. Bitcoin rises 0.5% to $77,311, LSEG data show. (renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

May 20, 2026 03:25 ET (07:25 GMT)

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