Good morning, Asia. This is what news is doing in the markets:
Welcome to Asia Morning Briefing, a daily summary of the main stories during the US hours and an overview of the movements and market analysis. To obtain a detailed description of the US markets, see Cryptokook from Coindesk America.
As Asia begins the negotiation week, BTC is quoted above $ 100,500, since the initial volatility of the news during the weekend that the United States attacked some of Iran’s nuclear facilities begins to decrease.
While prices briefly fell below six figures on Sunday in a risk reaction, markets have stabilized since then. Capital futures are flat, and gold only increases marginally, which suggests that merchants still have no price at a broader escalation.
The lack of monitoring in traditional markets may reflect the expectations that Iran’s response will be contained or delayed, immediately and destabilization.
Crude oil has its profits about $ 76 per barrel after increasing almost 4% on Sunday night for fear that Iran can block the hormuk narrow, a key strangulation point for global oil shipments. Even so, the comments of US officials and controlled trade earlier in the week suggest that investors remain in a way of waiting and see.
In cryptographic markets, the alternatives that had reflected the BTC weekend fall, such as ETH, XRP and Sol, are also scratching losses.
For now, the market seems to be treating the clash between the United States and Iran as a geopolitical inflammation point, not as a structural breakup.
Okx considering the IPO of the USA. UU.: Report
Crypto Exchange OKX is considering a public list in the United States, according to an information report.
Earlier this year, the exchange announced an American expansion after establishing itself with the Department of Justice for accusations of operating in the country without a money transmitter license.
It is said that Bullish, an OKX competitor, and the Coindesk parent company, is considering an opi given the appetite that investors have for companies with exposure to digital assets.
Okx told Coindesk that he had no comments on the matter.
Polymarket PMPOSTORES LESS SAFE ON THE SECOND USE OF THE UNITED STUDY IN IRÁN
Polymarket’s traigators are cooling the idea that the United States will hit Iran for the second time before the end of the month.
The ‘yes’ side of a contract asking if the United States will carry out another military action in Iran before June 30 is now quoted at 54%, from 74% in the hours after the initial strike in Iranian nuclear sites.
There seems to be a growing belief of the market that distrust, on both sides, is on the agenda, as evidenced by another contract that asks the apostators about the probability that they will close the hormuz narrow, which is currently quoted by 49% from 52%.
Market movements:
- BTC: Bitcoin recovered at $ 101,419 after an intraday volatile of 4.5%, finding strong support to $ 99,000 amid geopolitical tensions and increasing institutional purchase interest.
- ETH: Ethereum fell 2.3% to $ 2,237 in the middle of the US tensions. Iran, breaking a six -week consolidation pattern despite more than $ 500 million in institutional accumulation.
- Gold: Bank of America analysts predict that gold could reach $ 4,000 per ounce in a year, a 18%jump, driven less by geopolitical tensions and more by mounting the US fiscal debt and a global change of central banks away from the dollar towards gold.
- Nikkei 225: Asia-Pacific markets fell on Monday when the United States attacks Iranian nuclear sites fed the oil prices and fears of a broader escalation in the Middle East, with Japan Nikkei 225 by 0.56%.
In another part of Crypto:
