$BTC ☕️ - *US futures climb as oil prices drop and US-Iran talks progress.
What could positively impact Bitcoin's price.
New York's futures indices are opening higher this Monday (25) driven by falling oil prices and the hopeful outlook for a US-Iran agreement to reopen the Strait of Hormuz. The Dow Jones Futures are up +0.78%, the S&P 500 Futures are advancing +0.85%, and the Nasdaq Futures are leading with +1.27%. US spot markets are closed for Memorial Day.
President Donald Trump stated on Truth Social that negotiations with Iran are "proceeding in an orderly and constructive manner." However, The New York Times reported a preliminary agreement to reopen Hormuz and discard Iranian enriched uranium stock, while Iranian sources signaled a US retreat on unlocking assets and a ceasefire in Lebanon. Tehran has informed mediators that they will not sign under the current terms.
In Europe, the STOXX 600 is up +0.68% and the DAX is advancing +1.17%. Notably, Delivery Hero's shares surged over 10% after the Financial Times reported that Uber is considering an improved offer for the German company.
In Asia, the Nikkei surpassed 65,000 points for the first time in history, closing up +2.87%, with the oil drop as the main catalyst. Shanghai SE is up +0.96% and Nifty 50 is advancing +1.06%.
WTI oil is down -4.39% to $92.36 per barrel and Brent is retreating -4.16% to $99.29, with Secretary of State Marco Rubio stating in New Delhi that the US would give "every chance to diplomacy." Iron ore in Dalian closes stable at 793 yuan. Bitcoin is up +0.84% to $77,259.
What could positively impact Bitcoin's price.
New York's futures indices are opening higher this Monday (25) driven by falling oil prices and the hopeful outlook for a US-Iran agreement to reopen the Strait of Hormuz. The Dow Jones Futures are up +0.78%, the S&P 500 Futures are advancing +0.85%, and the Nasdaq Futures are leading with +1.27%. US spot markets are closed for Memorial Day.
President Donald Trump stated on Truth Social that negotiations with Iran are "proceeding in an orderly and constructive manner." However, The New York Times reported a preliminary agreement to reopen Hormuz and discard Iranian enriched uranium stock, while Iranian sources signaled a US retreat on unlocking assets and a ceasefire in Lebanon. Tehran has informed mediators that they will not sign under the current terms.
In Europe, the STOXX 600 is up +0.68% and the DAX is advancing +1.17%. Notably, Delivery Hero's shares surged over 10% after the Financial Times reported that Uber is considering an improved offer for the German company.
In Asia, the Nikkei surpassed 65,000 points for the first time in history, closing up +2.87%, with the oil drop as the main catalyst. Shanghai SE is up +0.96% and Nifty 50 is advancing +1.06%.
WTI oil is down -4.39% to $92.36 per barrel and Brent is retreating -4.16% to $99.29, with Secretary of State Marco Rubio stating in New Delhi that the US would give "every chance to diplomacy." Iron ore in Dalian closes stable at 793 yuan. Bitcoin is up +0.84% to $77,259.