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Israel Strikes Iranian Nuclear Site Near Tehran Amid Rising Middle East Tensions

March 12, 2026

Israel Strikes Iranian Nuclear Site Near Tehran Amid Rising Middle East Tensions

Michigan Cleric Praises Iranian Supreme Leader as Martyr in Dearborn

March 12, 2026

Michigan Cleric Praises Iranian Supreme Leader as Martyr in Dearborn

Defra Confirms Bluetongue Cases Threaten Livestock Across England and Wales

March 12, 2026

Defra Confirms Bluetongue Cases Threaten Livestock Across England and Wales

Rachel John shares photo of mother and sparks viral TikTok trend in South Africa

March 12, 2026

Rachel John shares photo of mother and sparks viral TikTok trend in South Africa

Corruption Threatens South African Passport Power Amid Home Affairs Scandal in Pretoria

March 12, 2026

Corruption Threatens South African Passport Power Amid Home Affairs Scandal in Pretoria

Lewis Hamilton Seeks Redemption and Victory in Shanghai After Challenging Melbourne Start

March 12, 2026

Lewis Hamilton Seeks Redemption and Victory in Shanghai After Challenging Melbourne Start

Experts Warn Stablecoins Remain Dormant and Reduce Liquidity in Crypto Markets

March 12, 2026

Experts Warn Stablecoins Remain Dormant and Reduce Liquidity in Crypto Markets

Pope Leo XIV Visits Catholic Church Centers in Yaoundé Amid Anglophone Crisis

March 12, 2026

Pope Leo XIV Visits Catholic Church Centers in Yaoundé Amid Anglophone Crisis

Wayne Rooney criticizes Tottenham squad and demands managerial change in London

March 12, 2026

Wayne Rooney criticizes Tottenham squad and demands managerial change in London

BlackRock Launches iShares Staked Ethereum Trust ETF On Nasdaq Offering Investors Staking Income And Spot ETH Exposure

March 12, 2026

BlackRock Launches iShares Staked Ethereum Trust ETF On Nasdaq Offering Investors Staking Income And Spot ETH Exposure

Iranian Leaders Killed

March 12, 2026

Israeli Defence Force IDF Eliminates Senior Iranian-Linked Commander Ali Muslim Tabaja Killed in Targeted Operation

ICC Confirms Proteas Players Leave India After T20 World Cup Semi Final Loss

March 12, 2026

ICC Confirms Proteas Players Leave India After T20 World Cup Semi Final Loss

FATF Exposes Offshore Crypto Firms Exploiting Regulations Across Global Markets

March 12, 2026

FATF Exposes Offshore Crypto Firms Exploiting Regulations Across Global Markets

South African Tourist Accommodation Revenue Surges Nearly 10 Percent as Visitors Flood Hotels and Airbnb in 2025

March 12, 2026

South African Tourist Accommodation Revenue Surges Nearly 10 Percent as Visitors Flood Hotels and Airbnb in 2025

Royals support independent breweries and social enterprises while touring Borough Market in South East London

March 12, 2026

Royals support independent breweries and social enterprises while touring Borough Market in South East London

Liam Rosenior Sparks Controversy By Dropping Robert Sanchez For Filip Jorgensen At Chelsea

March 12, 2026

Liam Rosenior Sparks Controversy By Dropping Robert Sanchez For Filip Jorgensen At Chelsea

Abrar Ahmed Joins Sunrisers Leeds For £190000 Breaking Barriers For Pakistan Players In The Hundred At Headingley

March 12, 2026

Abrar Ahmed Joins Sunrisers Leeds For £190000 Breaking Barriers For Pakistan Players In The Hundred At Headingley

Prince William and Princess Catherine Surprise Shoppers at Borough Market in London

March 12, 2026

Prince William and Princess Catherine Surprise Shoppers at Borough Market in London

Blockchains Race to Launch Perpetual Futures Exchanges and Capture Crypto Trading Volume Globally

March 12, 2026

Blockchains Race to Launch Perpetual Futures Exchanges and Capture Crypto Trading Volume Globally

Bitcoin (BTC) remained locked around $70,000 as Wall Street opened on Thursday, showing almost no reaction to the latest US jobless claims. Traders appeared unfazed by the fresh macro numbers, which mirrored Wednesday’s Consumer Price Index (CPI) release. The muted crypto response suggests that BTC is trapped in a tight trading range, with investors waiting for more decisive market signals. US Jobless Claims Show Little Change Data for the week ending March 7 reported 213,000 initial jobless claims, just slightly lower than the prior week and very close to analysts’ expectations. This stability indicates that the US labor market remains strong, providing reassurance against fears of immediate economic shocks from inflation or sudden layoffs. Despite the steady figures, Bitcoin’s price action did not react significantly. TradingView charts showed BTC/USD confined to a narrow channel, reflecting a lack of decisive buying or selling pressure, leaving traders in a wait-and-see mode. Oil Markets Remain Highly Volatile While Bitcoin shuffled sideways, oil prices surged. WTI crude jumped more than 5%, briefly climbing above $95 per barrel. This came despite announcements of a coordinated release of 400 million barrels from global reserves aimed at countering the supply impact from tensions at the Strait of Hormuz. Experts suggest that uncertainty surrounding geopolitical events continues to fuel oil volatility, indirectly affecting broader market sentiment. Traders remain cautious as Middle East developments unfold, keeping risk appetite in check for riskier assets like crypto. Impact and Consequences Bitcoin’s sideways movement reflects investor caution, as markets weigh economic stability against geopolitical risk. Rising oil prices can influence inflation expectations, indirectly impacting crypto and equity markets. Limited reaction to jobless claims indicates that macroeconomic tailwinds are weak, leaving BTC range-bound. Continued tight trading ranges may frustrate short-term traders and create opportunities for strategic long-term positions. What’s Next? Traders will monitor whether BTC can break above $72,000 or fall below $68,000 to define the next market direction. Any surprises in US inflation, labor, or Federal Reserve statements could trigger volatility in crypto markets. Ongoing geopolitical events in the Middle East will continue to influence oil and risk-on assets, including BTC. Analysts expect Bitcoin’s consolidation to last several more weeks, awaiting a major breakout or breakdown. Summary Bitcoin remains stuck around $70,000, largely ignoring stable US jobless claims and CPI data. While oil markets surge amid geopolitical uncertainty, the Fed’s firm stance on interest rates keeps crypto in check. Traders expect BTC to remain in a tight range for the foreseeable future until a clear directional catalyst emerges. Key Takeaways BTC hovers near $70,000, showing minimal reaction to US macro data. US jobless claims at 213,000 confirm labor market stability. WTI crude oil surged over 5%, surpassing $95 per barrel despite global reserve releases. Tight BTC trading ranges suggest weeks of indecision before a breakout. Market watchers focus on US economic indicators and Middle East developments for future price cues. The Federal Reserve’s policy stance leaves limited near-term catalysts for crypto gains.

March 12, 2026

Bitcoin Holds Steady Around 70000 Dollars as US Jobless Claims Match Expectations in Wall Street

Mojtaba Khamenei Battles Life Threatening Injuries After Strike That Killed Father in Tehran Iran

March 12, 2026

Mojtaba Khamenei Battles Life Threatening Injuries After Strike That Killed Father in Tehran Iran

UK condemns Russian deportation of Ukrainian children and human rights abuses at UN Human Rights Council in Geneva

March 12, 2026

UK condemns Russian deportation of Ukrainian children and human rights abuses at UN Human Rights Council in Geneva

Infected Blood Compensation Authority updates UK victims as new community guidance is released across Britain

March 12, 2026

Infected Blood Compensation Authority updates UK victims as new community guidance is released across Britain

Suzuki Reveals Pricing For New Across SUV Launching In South Africa With Three Exciting Variants

March 12, 2026

Suzuki Reveals Pricing For New Across SUV Launching In South Africa With Three Exciting Variants

Collin Morikawa Withdraws From The Players Championship After Suffering Sudden Back Injury On 11th Hole In Ponte Vedra Beach

March 12, 2026

Collin Morikawa Withdraws From The Players Championship After Suffering Sudden Back Injury On 11th Hole In Ponte Vedra Beach

Intelligence Reports Reveal Iran’s Government Survives US Israeli Airstrikes Despite Supreme Leader Killing in Tehran

March 12, 2026

Intelligence Reports Reveal Iran’s Government Survives US Israeli Airstrikes Despite Supreme Leader Killing in Tehran

Iran’s new Supreme Leader Mojtaba Khamenei demands US military bases close across the Middle East amid escalating tensions

March 12, 2026

Iran’s new Supreme Leader Mojtaba Khamenei demands US military bases close across the Middle East amid escalating tensions