
US-Iran Agreement Eased Markets, Why Did the Cryptocurrency Market Remain Cautious?
The preliminary agreement announced over the weekend between the US and Iran has boosted risk appetite in global markets, but the cryptocurrency market has not seen a similarly strong sense of relief. In particular, expectations of a possible reopening of the Strait of Hormuz led to rapid price fluctuations in energy markets. While oil prices experienced a sharp decline, a more optimistic atmosphere emerged in Asian and US stock markets. From a global markets perspective, this development means that one of the biggest uncertainties regarding energy supply has been reduced. The decline in oil prices has strengthened expectations that inflationary…








