By Jordan Lyanchev Alongside the US stock market, bitcoin’s price is on the move on Tuesday, jumping to $64,000 for the third time in the past day or so. The question now is whether it will have more success this time. The S&P 500 just hit a new all-time high as US President Donald Trump […]
Tag: Iran
Key highlights: Crude prices spike again after U.S.-Saudi strikes in Iraq This was due to concerns about supply disruptions after the attacks on Saudi infrastructure Iran rejected a proposal for shared control of the Strait of Hormuz Bitcoin also fell slightly as investors wait for the Fed interest rate decision New tensions in the Middle […]
Key highlights: Crude oil tumbled nearly 6.6% while Brent crude dropped more than 7.8% after the U.S. and Iran agreed to suspend military strikes. The ceasefire eased fears of an immediate disruption to oil shipments through the Strait of Hormuz, reversing last week’s geopolitical risk premium. Traders are now shifting focus from supply disruptions back […]