U.S. Treasury Secretary Scott Bessent confirmed progress in negotiations with Iran; the Strait of Hormuz may indeed be fully reopened tomorrow.
🔴 Brent crude – $80 (↓3.78%)
🟢 S&P 500 – 7 674 (↑0.98%)
⏺ BTC – $64 012 (↑0.89%)
⚠️ Iran continues to demand control over the Strait of Hormuz, along with the right to charge tolls for passage.
But if Trump figures out how to spin this as yet another victory and agrees to this concession, then oil will rebound to $70, the fund will continue to rise, and BTC will have a chance for a local rally to $67k.
Donald won’t let us down, will he 🇺🇸