Risk appetite returned to markets after President Donald Trump said on social media that a peace deal with Iran “is now complete” and that the US would end its blockade of the strait, a critical trade waterway
Bitcoin rallied to a two-week high following news of a US-Iran peace deal. President Trump announced on social media that a deal was complete, leading to the end of the US blockade of the Strait of Hormuz, a critical trade waterway. This development boosted market risk appetite.
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