
Following President Trump's statement that the Iran war is essentially over, U.S. equities and crypto assets rallied, while crude oil prices experienced extreme intraday volatility, highlighting shifting investor sentiment.
U.S. equities rebounded strongly after President Trump's remarks suggesting the Iran war is essentially over, with the Nasdaq gaining over 1%. Crypto assets, including Bitcoin, rose 2.4%, while crude oil prices plummeted 17.82% to $88.32 per barrel. Intraday, oil prices fluctuated between $80.1 and $118, reflecting heightened market volatility.