Bitcoin Under Pressure as Iran Tensions, Oil Shock, and Treasury Yields Squeeze Markets

Welcome to Stock Market Today — your market briefing with actionable insights on stocks, bonds, crypto, and the events moving markets. Let's get into it. Bitcoin at seventy-seven thousand five hundred eighty-seven dollars, Ethereum at two thousand one hundred fifty. Both bleeding after Trump warned Iran the clock is ticking. Crypto longs destroyed—six hundred seven million in forced liquidations across twenty-four hours, largest wipeout since early February. Bitcoin fell two point four percent, Ethereum dropped three point five percent. Brent crude briefly topped one hundred twelve dollars per barrel. Oil shock is the primary driver. West Texas Intermediate above one hundred eight dollars, Brent at one hundred eleven. IEA warns commercial stockpiles depleting rapidly due to Strait of Hormuz closure—weeks of supply left, not months. Thirty-year Treasury yield hit five point one three percent, highest since two thousand seven. Swap markets pricing near-zero probability of Fed cuts in June or July. Strategy executed a two point five four billion dollar Bitcoin purchase on April twenty, twenty twenty-six—thirty-four thousand one hundred sixty-four coins at approximately seventy-four thousand three hundred ninety-five dollars. Total holdings now eight hundred fifteen thousand Bitcoin. Meanwhile, Bitcoin Depot filed Chapter Eleven bankruptcy. Revenue collapsed forty-nine percent year-over-year. Legislative progress: Senate Banking Committee advanced the Clarity Act fifteen to nine with bipartisan support. Bill needs seven Democratic votes to reach sixty Senate votes required. DeFi updates: Aave restored Ether borrowing limits after recovering one hundred seven thousand of one hundred twelve thousand unbacked rsETH from April's Kelp DAO exploit. Another bridge got hit—Verus Ethereum bridge lost eleven point six million. Bridge hacks have drained three hundred twenty-eight million across eight incidents in twenty twenty-six alone. Bottom line: Macro headwinds overwhelming regulatory tailwinds. Treasury volatility spiking, yen weakening toward one hundred sixty triggering carry trade unwind risk. Sixty percent of Bitcoin supply hasn't moved in over a year, but short-term holders underwater and vulnerable. Support at seventy-six thousand critical. Break below targets sixty-five thousand. That wraps your market intel — trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot dot i o.