Bitcoin

In a market already gripped by extreme fear (Fear & Greed 25) and bearish sentiment, any reduction in systemic uncertainty—even from a local labor dispute—can prevent further downside. The suspension of strikes avoids compounding negative sentiment in London, a global financial hub, and may slightly ease concerns about UK economic stability.

The RMT union suspended a series of planned 24-hour Tube strikes that were scheduled to start on Tuesday.