Overview of popular coins on December 5, 2025. The top three in popularity are: Meteora, 1, Baby Shark Universe

Why is Bitcoin down today? The U.S. military blocks the Strait of Hormuz, but Iran-U.S. talks end in failure

The U.S. imposes a naval blockade on Iran, causing the U.S.-Iran nuclear talks to fall apart. Market risk sentiment intensifies, and Bitcoin drops to $71,000, with a 24-hour decline of 3.1%. Traditional market capital flows into safe-haven assets, and analysts are divided on Bitcoin’s future trend, with $70,000 support acting as a key level.

The Crypto Fear and Greed Index drops to 12, and the market is in extreme fear

Gate News message, April 13. According to Alternative.me data, today the Crypto Fear and Greed Index is 12, down further from yesterday’s 16, with the market in an “extreme fear” state. This index evaluates market sentiment across multiple dimensions, including volatility, market trading volume, social media, market surveys, Bitcoin’s share of the overall market, and Google Trends keyword analysis. The lower the number, the greater the level of fear.

ETH 15-minute drop of 0.66%: short-term holders selling off in tandem with exchange net inflows amplifies the selling pressure

2026-04-12 22:00 to 22:15 (UTC), ETH showed a clear downward move in a highly liquid environment. The candlestick chart indicates a return of -0.66%, with price fluctuations ranging from 2186.76 to 2211.25 USDT, and a swing amplitude of 1.11%. Market attention rose rapidly, short-term sentiment turned cautious, and volatility intensified. The main driving factors behind this unusual move are a sharp increase in exchange net inflows and concentrated selling by short-term holders. On-chain data shows that over the past 24 hours, net inflow of ETH into exchanges totaled 9,567.65 ETH, suggesting that a large amount of capital entered the market in the short term, potentially increasing selling pressure.

CTSI Price Soars 17.57%: Institutional Interest Ramps Up

Amid a crypto market downturn, CTSI surged 17.57% to $0.03626 in an hour, driven by high trading volume and institutional interest in altcoins. Traders are now watching key support and resistance levels for future price movements.

Bitcoin falls below 71,500 USD, U.S.-Iran talks remain deadlocked, and the Strait of Hormuz becomes the biggest point of contention

On April 11, the U.S. and Iran began 20 hours of negotiations in Pakistan. The core issue was freedom of passage through the Strait of Hormuz. After Bitcoin briefly rose to $73,800, it quickly fell back to $71,557. The U.S. side took a hardline stance, demanding that Iran open the strait, while Iran insisted that easing restrictions must wait until a comprehensive agreement is reached. The two sides have not yet reached a consensus.

Crypto Market Maintains Steady Growth Trajectory As Top Assets Show Gains

The crypto market continues to grow, with a market cap of $2.44T and Bitcoin and Ethereum showing slight increases. Top gainers include $GPM and $BASE. Meanwhile, DeFi TVL declined, NFT sales rose, and notable developments include a trader's significant loss and a push for regulatory clarity in Congress.