Happy Friday!

Bitcoin is finally heading higher after a multi-month downtrend. But now with BTC approaching $100,000 traders are wondering: is that a bull trap?

Iran has been making the headlines in the last few days due to massive protests in the country. But did you know there is a $7.8 billion crypto economy in Iran?

Plus, Benzinga’s latest Top Stocks report identified 7 names scoring near the top across value, momentum, and quality. One has already delivered 80%+ gains, while much of its sector lagged. Get the Free 2026 Stock List.

TOP STORY

Bitcoin Approaches $100,000, But Here's Why That May Be A Bull Trap

Bitcoin is grinding toward $100,000, but traders warn the move might be a trap.

Analysts say the rally from $89,000 happened on thin volume, and the $100,000 zone is now a "magnet" designed to create chop and stop hunts.

With $103,000 acting as a ceiling and a breakdown below $94,000 risking an air pocket, the market is set up for maximum pain before a decisive move.

SPECIAL OFFER

7 Market-Beating Stocks To Buy In 2026

Benzinga’s latest Top Stocks report identified 7 names scoring near the top across value, momentum, and quality, a rare alignment that often signals sustained leadership. One has already delivered 80%+ gains, while much of its sector lagged.

The full list shows exactly which stocks our system says are best positioned today.

QUICK N DIRTY

Bitcoin, Ethereum, XRP are consolidating before a possible push to $100k for BTC: here’s what’s moving markets today.

Coinbase still hasn’t given up on the crypto market structure bill, despite a new delay in the Senate. Here’s why a compromise is still within reach.

TikTok Coins! Never heard of them before? You should have, because they are apparently the new meta for memecoins.

FINTECH FOCUS

A Look Behind The Curtains Of Iran's $7.8 Billion Crypto Economy

Iran’s crypto ecosystem swelled to $7.8 billion in 2025, with half controlled by the Islamic Revolutionary Guard Corps for sanctions evasion.

Meanwhile, civilians are using Bitcoin as an escape hatch, with self-custody withdrawals surging during mass protests and internet blackouts as the rial collapses.

What’s behind the crypto split between the state and the citizens?

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