Crypto and stocks add to gains as Trump says Iran war could be over soon

A wild 24 hours continued in all markets after President Trump said the war against Iran could be over soon.

Trump said late-afternoon comments about the action against Iran are “very far ahead” of what was expected to be a four-to-five-week time frame. His will be expected to comment on the situation at 530 pm ET.

The comments prompted crypto and equity markets to add to gains after the comments on Sunday evening as oil surged up to 30%, already in the middle of a sharp turn around when plunging Sunday night as well as rising oil.

the Nasdaq just before the close, 1 was ahead of. A quarter and S&P 500 0, 25% and the other half. 8 per cent . Wallets Bitcoin BTC$68,914 (BTC) It was up 22% for 50 at just over $69,000, a . in the last 24 hours, 4% of s.

In meanwhile, oil plunged further down even more than . The day after rising as high as 30% to $120 per barrel on Sunday evening, WTI crude plunged all the way back to $85, now down by 6%.

Oil’s historic day (finviz)

Monday’s gains were boosted by crypto-related stocks, with Circle (CRCL) up 10% and Strategy (MSTR) and Coinbase (COIN) at 5% and 2% respectively.

Thanks for reading Crypto and stocks add to gains as Trump says Iran war could be over soon

Check Also

BitMEX Founder Arthur Hayes Warns of a ‘Dead Cat Bounce’ in Bitcoin! Here Are the Details

In addition, Arthur Hayes, a leading cryptocurrency investor, made important comments about Bitcoin’s recent price …

Teras Media
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.