🚨 LATEST: 🛢️📉📈
A reported U.S.-Iran ceasefire agreement and the reopening of the Strait of Hormuz triggered a major macro shift, sending oil prices down more than 12% as fears of supply disruptions eased.
The decline in energy prices helped push the Dow Jones to fresh record highs, while crypto initially rallied on improving risk sentiment. However, gains later cooled as attention shifted back to Federal Reserve policy and interest-rate expectations.
Bitcoin briefly climbed to $66,900 before pulling back toward $65,000, with lingering Middle East tensions and uncertainty around the Fed's next move continuing to influence market direction. Investors are now closely watching Fed Chair Kevin Warsh's policy stance. 👀📊
#WarshFirstFOMCRatesHold #WarshHiresConservativeAdvisersAmidFedOverhaul #VanceDeclaresUSGoalsInIranAchieved #TankersUTurnOnPossibleHormuzReopening
