US stock futures decline as Trump rejects Iran deal response
Crypto Briefing
US stock futures fell and oil prices surged after President Trump rejected Iran's latest counter-proposal, heightening geopolitical tensions.Summary
US stock futures dropped significantly following President Trump's rejection of Iran's proposal regarding the Strait of Hormuz, sparking fears of military escalation. The Dow declined by over 450 points, while oil prices spiked to $90 per barrel due to potential supply disruptions. This geopolitical instability has triggered a flight-to-safety trade, negatively impacting both traditional equities and cryptocurrencies like Bitcoin as investors reduce risk exposure.
(Source：Crypto Briefing)