The move came as Trump warned Iran that the "clock is ticking," linking geopolitical tension to sharp price swings in crypto and oil-linked derivatives.
Oil perpetual futures (crypto derivatives without expiry) on Hyperliquid, a decentralized trading platform, rose to $106 while Bitcoin fell below $77,000 after Trump warned Iran that the "clock is ticking." The source links the moves to rising geopolitical tension, with traders reacting across both traditional macro-sensitive assets and crypto markets. The report highlights how perpetual futures can reflect fast-moving sentiment because they trade continuously and allow leveraged exposure to price moves.