1244 GMT - Bitcoin rises slightly along with U.S. stock futures as the recent selloff in global bonds takes a pause due to an easing of oil prices. The recent bond market turmoil is driven by fears that higher oil prices due to the Iran war will push up inflation and prompt central banks to raise interest rates. Brent crude is last down 2% at $109 per barrel after three oil tankers crossed the Strait of Hormuz overnight, according to LSEG data. President Trump suggested the Iran war could end soon but warned of fresh military strikes if a peace deal isn't agreed in coming days, keeping risk sentiment cautious. Bitcoin rises 0.6% to $77,466, LSEG data show. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
May 20, 2026 08:44 ET (12:44 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments