Global Markets React Positively to Iran Strike Postponement

Global markets experienced a significant boost following US President Trump's announcement to postpone strikes on Iran for five days. This development had a positive impact on cryptocurrency prices, with Bitcoin (BTC) rising by over $2,000 to reach $70,800. Ethereum (ETH) also saw a surge, increasing by 5% to $2,170.

Meanwhile, the Dow Jones index jumped significantly in pre-market trading, while oil prices plummeted by 8% to $90 per barrel. This volatility is a result of the ongoing tensions between the US and Iran, but the postponement of strikes may indicate a temporary reduction in hostilities.