Daily Market Update: Bitcoin Tops $65K, Stocks Surge as U.S.-Iran Ceasefire Calms Markets
TLDR
- Bitcoin climbed back above $65,000, up 1.2% in 24 hours, as geopolitical tensions eased
- Ether outperformed with a 3% gain to near $1,950, hinting at possible altcoin rotation
- U.S. and Iran paused military strikes for a second day, lifting risk appetite across markets
- Oil dropped as much as 6%, with Brent crude falling below $87, easing some inflation pressure
- Stock futures rose broadly, with Nasdaq-100 contracts jumping 1.4% ahead of a busy earnings week
Bitcoin has climbed back above $65,000 as the United States and Iran paused military strikes for a second straight day, lifting risk appetite across financial markets.
The ceasefire pause raised hopes that peace negotiations could restart after two weeks of attacks. Iran said it would continue to halt airstrikes as long as the U.S. did the same.
BREAKING: US stock market futures surge after the US and Iran halt strikes:
1. S&P 500: +0.7%
2. Nasdaq 100: +1.2%
3. Dow Jones: +0.6%
4. WTI Crude: -8.0%
5. Brent: -6.0%
6. Gold: +0.7%… Continue reading the full article at the original source below.
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