Happy Thursday!

Bitcoin had hoped for peace, but it’s war on bulls again after President Trump signaled the war with Iran will continue for several more weeks.

Coinbase exec Paul Grewal said the Clarity Bill could pass before the weekend. What makes him suddenly so bullish?

Plus, while indexes whip back and forth, a small group of stocks continues to show steady institutional buying, improving momentum, and rising relative strength. See the stocks now before they become crowded trades.

TOP STORY

Bitcoin Plunges 3% After Trump Signals More Iran Strikes

Trump just torched the de-escalation trade.

Crude oil surged more than 5% above $104 per barrel after the president promised to hit Iran "extremely hard" over the next two to three weeks — blindsiding markets that had rallied on ceasefire hopes just hours earlier.

Bitcoin is breaking down in response: spot ETFs bled $173.73 million in a single day, with BlackRock's IBIT dumping $86.52 million and Fidelity's FBTC shedding $78.64 million.

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See The Best Stocks Holding Strength In This Volatile Market

While indexes whip back and forth, a small group of stocks continues to show steady institutional buying, improving momentum, and rising relative strength. Benzinga Edge is tracking these names right now across EVs, biotech, fintech, and digital banking before they become crowded trades.

QUICK N DIRTY

Bitcoin, Ethereum, XRP traders are now pivoting to trading Pokémon cards. yes, that’s right — the collectibles are en vogue and surprisingly resilient.

Bitcoin is flashing a contrarian long signal, according to VanEck’s Matthew Sigel: is now the time to buy BTC?

Anthony Scaramucci said he’s a huge fan of Michael Saylor and broke down Saylor’s latest Bitcoin acquisition moves: here’s the Mooch’s analysis.

FINTECH FOCUS

Clarity Act Could Pass Within 48 Hours, Says Coinbase Exec

Coinbase Chief Legal Officer Paul Grewal told Fox Business a Clarity Act deal is 48 hours away — and the stakes couldn't be higher.

"I think we're very close to a deal," Grewal said, citing Trump's vision of the U.S. as the crypto capital of the world.

The urgency is political: if Democrats reclaim the House in midterms, crypto legislation goes dark until 2028.

The sticking point is stablecoin rewards — banks representing $23 trillion in U.S. credit are fighting to block third-party platforms from offering yield on stablecoins, fearing deposit flight.

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