By Jordan Lyanchev With almost seven weeks into the war in the Middle East, the two main sides, the US and Iran, announced some major de-escalation news on Friday, which included the reopening of the Strait of Hormuz and some progress on the peace talk front. This resulted in immediate volatility in all financial markets, […]
Tag: USOIL
By Jordan Lyanchev Bitcoin and oil are on the move again as both assets jumped to their recent local peaks of over $72,000 ans $103 per barrel, respectively. This came as US President Trump reportedly urged Israel’s leader to tone down the attacks against Lebanon. Recall that reports suggested after this week’s cease-fire between the […]
By Jordan Lyanchev Financial markets faced more volatility in the past hour or so, including bitcoin, which just jumped to a five-day peak of $68,500 before it was stopped and driven south by a grand. The most likely reason for these enhanced fluctuations was the emerging reports that Iran’s President Pezeshkian said his country is […]