Risky peace exchanges are back in fashion after the United States and Iran clashed on Sunday, sending oil prices down.
bitcoin The leading cryptocurrency by market value has once again exceeded $65,000, with a price increase of around 1.2% in 24 hours. Ether (ETH) is up more than 3% to nearly $1,950 along with 1% to 2% gains in 10 other top tokens including solana (SOL) and XRP (XRP).
Futures linked to WTI gapped lower on Monday, trading around 5% lower at $85 at the time of writing, while those linked to the Nasdaq and S&P 500 traded half a percent higher. Currency markets also showed risky trends, with the Australian dollar and euro gaining against the US dollar.
The United States and Iran suspended their military attacks on each other for the second day in a row, creating room for a diplomatic breakthrough. The war, which began in late February, entered a fragile ceasefire in the second quarter but quickly unraveled.
Iran reportedly said it would continue to halt airstrikes as long as the United States did the same, marking a tenuous start to what appears to be yet another peace process.
