In what has become a familiar scenario in cryptocurrencies in recent months, prices are starting the week on the wrong foot.
After few signs over the weekend of a reduction in the US war against Iran, the price of oil has soared Sunday night in US trading. April WTI crude oil futures are currently up 19.1% at $108.35 per barrel. That’s about double the price at the beginning of 2026 and the highest level in about four years.
That rise, in turn, has sent U.S. stock index futures down nearly 2% across the board. Japan’s Nikkei 225 futures fell 3.1% shortly before the stock market opens for trading on Monday.
bitcoin is 2% lower and trading just below $66,000. Ether (ETH) and solana (SOL) are down closer to 1.4%.
A review of other commodity prices reveals that precious metals and copper are trading modestly lower.
