Rally fuel
What's being bought and sold*
TOP TRENDING ASSETS
*Trading activity in the past 24 hours on the Uphold platform, as of 8 a.m. 6th May 2026.
The combined total of buy and sell percentages can exceed 100% due to customers who engage in both buying and selling the same asset within the 24-hour time frame.
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What’s up
Crypto Surges On Peace Deal Chatter
Bitcoin reached as high as $82,750 earlier today as global fuel commodities plunged. This was after Axios reported last night that the U.S. and Iran were nearing a deal to end the conflict.
Altcoins suddenly seem like the big winners. Double-digit digital asset ascensions can be found throughout the Top 100.
A pair of privacy coins, ZEC and DASH, particularly jumped out, with the former soaring 35%. The latter gained 20%.
Other 24-hour sizzlers include FIL and ENA, each up 15%, and SKYAI, up 30%. Incidentally, SKYAI has tripled in the past week.
Despite a fresh volley of bellicose rhetoric from President Trump and several flare-ups of aggression in the Hormuz Strait, the Axios reporting shows Washington is determined to end the war. The Trump administration’s peace proposal — a one-page, 14-point memorandum of understanding to end hostilities now and, later, set up more detailed nuclear talks — has been submitted to Iran. A spokesperson for Iran’s foreign ministry told CNBC that they were “evaluating it.”
What's down
Crude Oil Tanks
Brent futures today tumbled to below $100 for the first time in two weeks. The contract price fell by as much as 9% and closed down 4%. Sources told Axios that this latest peace deal progress represented the closest Washington and Tehran have been to an agreement since the war began back on Feb. 28.
What's next
Michael Saylor's Willing To Do What?!
Reversing a half-decade of unconditional love, Michael Saylor’s Strategy yesterday overtly yanked aside its “never sell” Bitcoin vow, telling investors that it would offload BTC when doing so is "advantageous to the company.”
“Strategy signaling potential Bitcoin selling isn’t trivial,” Nic Puckrin, co-founder of Coin Bureau, told Decrypt.
The world’s first and foremost digital asset treasury (DAT) holds 818,334 BTC worth approximately $67B, or 3.9% of total supply. Since August of 2020, Saylor’s firm has been a steadily consistent buyer without wavering. The market has come to expect continued accumulation, as Puckrin pointed out. And so even a slight shift, he said, could “impact sentiment.”
Mathew Pinnock, COO of Altura, said any short-term supply shock from potential Saylor sales would be absorbed by the ETF market without triggering some kind of panicky negative turning point.
Plus, it’s not as if Strategy is looking to cut and run. The company would only consider selling BTC to either buy U.S. dollars or retire debt, and only if it's accretive to BTC per share, said Phong Le, Strategy’s president and CEO, on a quarterly earnings call with investors. Strategy on Tuesday reported a net loss of $12.54B owing to BTC’s price slump in Q1.
Industry analysts emphasized, per Decrypt, that the real impact here is on overall conviction. In other words, the DAT playbook is still not fully written. It’s nascent, fragile. Strategy putting aside its never-sell pledge sets up a potential stress test for corporate buyers.
