{"id":72575,"date":"2026-05-15T19:17:42","date_gmt":"2026-05-15T19:17:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slides-below-79k-as-trumps-iran-threat-sends-oil-past-105\/"},"modified":"2026-05-15T19:17:42","modified_gmt":"2026-05-15T19:17:42","slug":"bitcoin-slides-below-79k-as-trumps-iran-threat-sends-oil-past-105","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slides-below-79k-as-trumps-iran-threat-sends-oil-past-105\/","title":{"rendered":"Bitcoin Slides Below $79K as Trump\u2019s Iran Threat Sends Oil Past $105"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">On May 15, bitcoin briefly dipped to $78,611 after the deadlocked U.S.-China summit rattled investors.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The flash crash triggered a market-wide liquidation, wiping out $382 million in long positions.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Observers expect bitcoin to remain volatile as the tech war over AI chips continues.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>US-China Tech Cold War Intensifies<\/h2>\n<p> <span>Bitcoin<\/span> plunged below the $79,000 mark for the second time in two days as investor <a href=\"https:\/\/news.bitcoin.com\/bitcoin-price-trump-china-trade-deal-beijing-summit-2026\/\">sentiment shifted from optimism to caution<\/a> after a highly anticipated U.S.-China summit failed to deliver the outcomes markets had hoped for. The plunge came 24 hours after the <span>cryptocurrency<\/span> briefly tapped $82,000 following the U.S. Senate Banking Committee\u2019s 15-9 vote to<a href=\"https:\/\/news.bitcoin.com\/pro-crypto-clarity-act-h-r-3633-passes-senate-banking-committee-15-9\/\"> advance<\/a> the CLARITY Act.<\/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>According to Bitstamp, the top <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> dipped to a low of $78,611 around 10 a.m. EDT on May 15 before quickly reclaiming $79,000. By 1:40 p.m. EDT, it was trading around $79,400, narrowing its 24-hour losses to just under 3%. After hitting $82,000 at least three times in the last five days, <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> appeared poised to close a turbulent trading week marginally lower, pulling its market capitalization below $1.6 trillion.<\/p>\n<p>Billed as the most critical high-stakes diplomatic engagement between Washington and Beijing in years, the two-day summit concluded with no real trade breakthrough. Instead, the high-level talks served only to lay bare a deeply entrenched systemic rivalry, with the flashpoint issue of Taiwan\u2019s sovereignty casting a long, ominous shadow over the entire proceedings.<\/p>\n<p>By failing to break the diplomatic logjam over stringent U.S. export controls on advanced semiconductors and cutting-edge artificial intelligence hardware, the world\u2019s two largest economic powerhouses have effectively guaranteed a prolonged escalation of their tech-centric trade war, according to geopolitical analysts.<\/p>\n<p>While the two superpowers reportedly found common ground regarding Tehran\u2019s nuclear ambitions and its recent closure of the Strait of Hormuz, the consensus was immediately overshadowed by fresh geopolitical turbulence. Speaking to pool reporters aboard Air Force One, U.S. President Donald Trump hinted at an aggressive, imminent military campaign, <a href=\"https:\/\/www.youtube.com\/watch?v=O-8_EhuQ5Fs\" target=\"_blank\" rel=\"noopener noreferrer\">asserting<\/a> that Washington may have to do \u201cclean-up work\u201d in Iran.<\/p>\n<p>This hawkish rhetoric sent shockwaves through global energy markets, triggering a spike in crude prices with the U.S. benchmark West Texas Intermediate (WTI) briefly breaching the $105-per-barrel threshold. The global benchmark Brent crude surged 3% to settle at $109 per barrel.<\/p>\n<p>On Wall Street, the S&amp;P 500 index, which touched a historic 7,500 threshold on Thursday, retreated to 7,450, while the Nasdaq Composite and Dow Jones Industrial Average were each down by less than 1% Friday afternoon.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s sharp drop liquidated $86 million in long positions, compared with $11.5 million in short positions. Across the broader <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, nearly $433 million in leveraged positions were wiped out, with longs accounting for $382 million.<\/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\">Bitcoin Bulls Trigger $145M Short Squeeze as CLARITY Act Momentum Revives Risk Appetite<\/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 struggling to break $80,000, bitcoin surged more than $2,000 in four hours, peaking above $81,800 and eyeing the $82,000\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\/bitcoin-bulls-trigger-145m-short-squeeze-as-clarity-act-momentum-revives-risk-appetite\/\">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=\"Bitcoin Bulls Trigger $145M Short Squeeze as CLARITY Act Momentum Revives Risk Appetite\" 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%2Ftrump-xi-summit-2-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&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%2Ftrump-xi-summit-2-150x150.jpg&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]\">Bitcoin Bulls Trigger $145M Short Squeeze as CLARITY Act Momentum Revives Risk Appetite<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">After struggling to break $80,000, bitcoin surged more than $2,000 in four hours, peaking above $81,800 and eyeing the $82,000\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\/bitcoin-bulls-trigger-145m-short-squeeze-as-clarity-act-momentum-revives-risk-appetite\/\">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=\"Bitcoin Bulls Trigger $145M Short Squeeze as CLARITY Act Momentum Revives Risk Appetite\" 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%2Ftrump-xi-summit-2-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Ftrump-xi-summit-2-150x150.jpg&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%2Ftrump-xi-summit-2-150x150.jpg&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]\">Bitcoin Bulls Trigger $145M Short Squeeze as CLARITY Act Momentum Revives Risk Appetite<\/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\/bitcoin-bulls-trigger-145m-short-squeeze-as-clarity-act-momentum-revives-risk-appetite\/\">Read Now<\/a><\/div>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">After struggling to break $80,000, bitcoin surged more than $2,000 in four hours, peaking above $81,800 and eyeing the $82,000\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-slides-below-79k-as-trumps-iran-threat-sends-oil-past-105\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways On May 15, bitcoin briefly dipped to $78,611 after the deadlocked U.S.-China summit rattled investors. The flash crash triggered a market-wide liquidation, wiping out $382 million in long positions. Observers expect bitcoin to remain volatile as the tech war over AI chips continues. US-China Tech Cold [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":72576,"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\/72575"}],"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=72575"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72576"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}