Live markets: bitcoin on sidelines as markets surge on Iran peace hopes
CoinDesk
Global markets are rallying on Iran peace hopes while Bitcoin remains stagnant as investors shift capital toward AI stocks and upcoming mega-IPOs.Summary
Financial markets are surging following President Trump's announcement of a potential peace agreement regarding Iran, leading to lower oil prices and bond yields. While traditional stocks like the Nasdaq have seen significant gains, the cryptocurrency market has remained largely unresponsive. Bitcoin, along with other major assets like Ether, Solana, and XRP, has experienced a slight decline. Traders are currently prioritizing AI-related investments and anticipating major initial public offerings from companies such as SpaceX and OpenAI, leaving crypto on the sidelines for the moment.
(Source：CoinDesk)