Global Markets Rally as Iran Conflict Ceasefire Takes Hold

Aceasefire in the Iran conflict has sparked a rebound in global markets, including a sharp drop in oil prices and a significant increase in Bitcoin's value.

The reopening of the Strait of Hormuz following the ceasefire has led to lower oil prices, with markets rallying globally. The US Navy is maintaining its blockade in place, but President Trump has welcomed the move. As a result, Bitcoin has surged past $78K, and the S&P 500 index has hit fresh highs.

Meanwhile, Wall Street is showing increasing interest in cryptocurrency investments, marking a significant shift towards digital assets.