{"id":4935,"date":"2026-05-26T15:15:20","date_gmt":"2026-05-26T15:15:20","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4935"},"modified":"2026-05-26T15:15:20","modified_gmt":"2026-05-26T15:15:20","slug":"bitcoin-price-makes-modest-gain-as-oil-slump-lifts-asian-markets","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4935","title":{"rendered":"Bitcoin Price Makes Modest Gain as Oil Slump Lifts Asian Markets"},"content":{"rendered":"<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Despite almost $2 billion fleeing spot ETFs in the previous two weeks, analysts continued to retain a cautious stance on bitcoin.<\/strong><\/li>\n<li><strong>Assuming stablecoin liquidity is strong and long-term investors exercise patience, Bitcoin can withstand a certain amount of institutional selling.<\/strong><\/li>\n<\/ul>\n<p>On Monday, Asian stock markets rose, which helped push <a href=\"https:\/\/thenewscrypto.com\/us-spot-bitcoin-etfs-near-yearly-outflow-territory\/\" data-wpel-link=\"internal\">Bitcoin<\/a> up a little, thanks to a precipitous drop in oil prices. As of this writing, the top cryptocurrency by market cap was trading around $77,400, an increase of 0.43% over the last 24 hours, as reported by CMC.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><\/figure>\n<\/div>\n<p>There, bitcoin was trading over the $76,940 mark that represents its 50-day simple moving average, which is a widely followed market indicator. Breakouts above this crucial level are usually seen as positive by traders and chart experts, so they keep a tight eye on the market. Significant other cryptocurrencies also saw slight increases.<\/p>\n<p>Ether (ETH) increased by 0.4%, while XRP and <a href=\"https:\/\/thenewscrypto.com\/goldman-sachs-dumps-xrp-and-solana-etfs-in-major-crypto-portfolio-shake-up\/\" data-wpel-link=\"internal\">Solana<\/a> (SOL) both increased by 0.6% or more. On the other hand, Bitcoin remained the only one of the three whose prices were trading above its 50-day moving average.<\/p>\n<p>Following a precipitous decline from last Wednesday&#8217;s high of over $104 per barrel, futures linked to West Texas Intermediate crude oil fell over 5% to over $91 per barrel. In early trading, Asian shares soared, with the Nikkei gaining over 3%, the Nifty in India climbing over 1%, and the S&amp;P\/ASX 200 in Australia adding 0.4%.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-lingering-etf-outflow-concerns\">Lingering ETF Outflow Concerns<\/h3>\n<p>Though the number of tankers allowed across the strait is still far lower than pre-war levels, the Iranian Revolutionary Guard Corps (IRGC) said last week that they had let more than 20 tankers through.<\/p>\n<p>Secretary of State Marco Rubio of the United States recently said that negotiators from Washington and Tehran had &#8220;a pretty solid thing on the table&#8221; and that a resolution to the hostilities between the two nations may be accomplished by Monday.<\/p>\n<p>Despite almost $2 billion fleeing spot ETFs in the previous two weeks, analysts continued to retain a cautious stance on bitcoin. Finding out whether ETF outflows slow down is the most important indication for crypto. Assuming stablecoin liquidity is strong and long-term investors exercise patience, Bitcoin can withstand a certain amount of institutional selling. Any rise would have a difficult time holding if ETF redemptions continued.<\/p>\n<p><strong>Highlighted Crypto News Today:<\/strong><\/p>\n<p><a href=\"https:\/\/thenewscrypto.com\/investors-assess-new-fed-chair-kevin-warshs-monetary-policy-direction\/\" data-wpel-link=\"internal\">Investors Assess New Fed Chair Kevin Warsh\u2019s Monetary Policy Direction<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite almost $2 billion fleeing spot ETFs in the previous two weeks, analysts continued to retain a cautious stance on bitcoin. Assuming stablecoin liquidity is strong and long-term investors exercise patience, Bitcoin can withstand a certain amount of institutional selling. On Monday, Asian stock markets rose, which helped push Bitcoin up a little, thanks to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4935"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4936"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}