Bitcoin

Geopolitical risk has been a persistent overhang on global markets, and this de-escalation signal—driven by Gulf allies—suggests diplomatic channels remain open, potentially reducing the tail risk of a broader Middle East conflict. However, with crypto already in extreme fear (F&G 25), the market is pricing in macro headwinds rather than geopolitical shocks, so the relief may be muted.

President Donald Trump called off a planned strike on Iran after an appeal from Persian Gulf allies requesting more time for diplomatic resolution.