{"id":72046,"date":"2026-05-04T19:41:46","date_gmt":"2026-05-04T19:41:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/uae-intercepts-missiles-as-bitcoin-surges-past-80k-triggering-270m-liquidations\/"},"modified":"2026-05-04T19:41:46","modified_gmt":"2026-05-04T19:41:46","slug":"uae-intercepts-missiles-as-bitcoin-surges-past-80k-triggering-270m-liquidations","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/uae-intercepts-missiles-as-bitcoin-surges-past-80k-triggering-270m-liquidations\/","title":{"rendered":"UAE Intercepts Missiles as Bitcoin Surges Past $80K, Triggering $270M Liquidations"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways<\/strong><\/p>\n<ul>\n<li> <span>Bitcoin<\/span> hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest <span>crypto<\/span> winter.<\/li>\n<li> <span>Volatility<\/span> caused $554 million in liquidations as Brent crude hit $115 amid Strait of Hormuz tensions.<\/li>\n<li>Economists warn of a global recession unless the Trump administration and Iran reach a peace agreement.<\/li>\n<\/ul>\n<h2>Ending the <span>Crypto<\/span> Winter<\/h2>\n<p> <span>Bitcoin<\/span> regained its stride Monday, bouncing back above $80,000 after early morning jitters tied to Middle East tensions. Though the top <span>cryptocurrency<\/span> dipped to a session low of $78,203 around 6:30 a.m. EDT, it surged past $80,500 by midmorning, effectively erasing its losses and reclaiming momentum from Sunday night\u2019s rally.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Prior to that intraday dip, <span>bitcoin<\/span> had <a href=\"https:\/\/news.bitcoin.com\/bitcoin-breaks-80000-institutional-demand-short-squeeze\/\">surged<\/a> to a commanding $80,617, marking a fresh three-month peak. This aggressive rally pushed the asset\u2019s total market capitalization north of the $1.6 trillion milestone\u2014a psychological breakthrough that solidified the narrative that the industry has finally emerged from its latest \u201c <span>crypto<\/span> winter.\u201d<\/p>\n<p>While several factors fueled the rise, some analysts tied the initial surge to reports that the U.S. Navy would escort shipping vessels stranded in the Strait of Hormuz. The risky move by the U.S. followed a weekend of sharp rhetoric between Washington and Tehran; the latter seized control of the vital shipping channel shortly after hostilities began.<\/p>\n<p>While the blockade increased pressure on Iran, its refusal to give in to U.S. demands to reopen the strait to commercial ships has caused oil prices and <span>inflation<\/span> to rise. With the war increasingly unpopular at home, the Trump administration\u2014eager to placate voters ahead of the midterm elections\u2014began deploying warships to flashpoints to launch the escorts. U.S. officials revealed Monday that two American-flagged vessels had already passed through without incident.<\/p>\n<p>However, reports of attacks on shipping vessels and claims by Iran\u2019s Islamic Revolutionary Guard Corps that it repelled advancing U.S. Navy ships rattled markets. Although U.S. Central Command dismissed the Iranian version of events, the situation has clearly escalated. A fire at the Fujairah oil terminal and claims by the United Arab Emirates that it intercepted missiles launched from Iran underscored the growing danger.<\/p>\n<p>For shipping companies, the latest episode suggests that unless the two belligerents reach a permanent peace agreement, normal transit through the channel will not resume. As a resolution stalls, economists say the prospects of a global recession are growing.<\/p>\n<p>Following the skirmishes, <a href=\"https:\/\/news.bitcoin.com\/wti-and-brent-surge-following-false-reports-of-us-warship-attack-in-hormuz\/\">oil prices rose<\/a>, with Brent crude briefly reaching $115 per barrel and West Texas Intermediate jumping 3.3% to $105 per barrel. On Wall Street, the main indices were marginally lower at the time of writing after taking heavy losses earlier in the day. <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a>, conversely, reversed its early morning losses to bring its 24-hour gains back above 2%.<\/p>\n<p>The price action saw nearly $270 million in leveraged <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> positions wiped out, with liquidated shorts accounting for close to $212 million. Overall, <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a> across the <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> market resulted in $384 million in short bets and $170 million in long positions being liquidated.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"flex flex-col overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:hidden\">\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/traders-push-bitcoin-near-79000-resistance-wiping-120m-in-bearish-positions\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:flex md:flex-row md:gap-3 lg:hidden\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/traders-push-bitcoin-near-79000-resistance-wiping-120m-in-bearish-positions\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] lg:flex lg:flex-row lg:gap-4\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<div class=\"flex items-start gap-3\">\n<h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions<\/h3>\n<p><a class=\"flex h-12 w-[180px] shrink-0 items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/traders-push-bitcoin-near-79000-resistance-wiping-120m-in-bearish-positions\/\">Read Now<\/a><\/div>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/uae-intercepts-missiles-as-bitcoin-surges-past-80k-triggering-270m-liquidations\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest crypto winter. Volatility caused $554 million in liquidations as Brent crude hit $115 amid Strait of Hormuz tensions. Economists warn of a global recession unless the Trump administration and [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":72047,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72046"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72046"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72046\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72047"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}