Live markets: bitcoin on sidelines as markets surge on Iran peace hopes

May 26, 2026 - 22:45
Live markets: bitcoin on sidelines as markets surge on Iran peace hopes
A big block sale of BlackRock’s bitcoin exchange-traded IBIT might help explain the sharp intraday reversal in bitcoin that took the price from $78,000 to below $76,000. Galaxy (GLXY) head of research Alex Thorn said in an X post that he spotted a “massive” block sale worth $1.289 billion of iShares Bitcoin Trust (IBIT) shares...

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