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Iran is playing a big game this time!
Short-term good news, long-term bad news
Iran is drafting an agreement with Oman to facilitate passage through the Strait of Hormuz
"Pay to pass through the strait"
This news caused a rebound in U.S. stocks and gold during trading
- U.S. stocks fluctuate, gold prices slightly rebound, and the U.S. dollar index recovers above 100
- The 10-year U.S. Treasury yield drops to around 4.30%
- Oil prices surge, with U.S. crude up 11%, closing at $112; Brent crude up 8%, closing at $108
The U.S. March non-farm payroll data will be released tonight
Today is "Good Friday," so U.S. markets are closed, meaning next week’s market will be highly volatile
But BTC can't run away, see you at 8:30 PM