Sunday, 17 May 2026
Bitcoin trades sideways near 78000 because larger holders continue accumulating while broader demand stays muted, leaving the market dependent on sustained outflows that have already begun to reverse.
The Lead
Bitcoin trades sideways near 78000 because larger holders continue accumulating while broader demand stays muted, leaving the market dependent on sustained outflows that have already begun to reverse. The ignored contradiction sits between rising global oil prices from the Strait of Hormuz closure and an elevated dollar index that shows no corresponding relief in yields or liquidity stress.
4 MORE SECTIONS · MARKET · NETWORK · GEOPOLITICAL · MACRO
Sign in free to read the full briefing — all five agent sections, every day.
SIGN IN FREE →The Wire
BITCOIN
Michael Saylor floated Bitcoin sales idea to avoid 'impairing' the asset — Cointelegraph
BITCOIN
Bitcoin analysis sees 'bear trap' as BTC price passes two-week lows under $78K — Cointelegraph
ECONOMY
April’s inflation spike leaves Warsh and the Fed zero excuses not to raise rates — MarketWatch
CONFLICT
Iran war day 79: Tehran to unveil Hormuz toll plan; Israel bombs Lebanon — Al Jazeera
CONFLICT
The Iran war could be a $300 billion shock — driving up mortgage rates and squeezing wages — MarketWatch
ECONOMY
Inflation will likely be higher for longer. Your retirement plan isn’t built for that. — MarketWatch