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Today, there are enough geopolitical conflicts to track.

CN
Phyrex
Follow
3 hours ago
AI summarizes in 5 seconds.

Today, there has been enough tracking of geopolitical conflicts, and I really didn't want to write this thing, but I have to say that Trump has become arrogant off Venezuela's cheapness, provoking Iran for no reason. The negotiations were going well, and he felt like he could soar, then he also took a decapitation action against Iran. The action was successful, but it also dragged the United States into madness. Today, Trump even stated in his speech that the war has become quite boring by now.

Then you should win, you should make the Strait of Hormuz smooth. Day in and day out, you say Iran is begging for reconciliation, then today a ship was bombed, claiming Iran was severely damaged. As a result, missiles were launched at the Middle East again, and he said he wouldn't temporarily attack industrial facilities, but then Israel bombed their power plants and energy facilities, leading to an escalation of the war.

This is not all. He talks tough, even fooling in the Houthis of Yemen. The closure of the Strait of Hormuz has already affected oil prices. If the Bab el-Mandeb Strait is also closed, even if Washington takes office tomorrow, they won't be able to lower interest rates. If oil prices continue to rise to madness, not to mention lowering interest rates, they may have to consider raising rates.

Looking back at the Bitcoin data, although it has fallen below $70,000, we can see that earlier investors have not shown obvious signs of panic. However, the turnover of short-term investors is indeed increasing. The current $BTC impact on price is clearly from a small portion of short-term investors, but due to liquidity reasons, the exit of this small group of investors will cause price volatility to widen, not to mention that the US stock market is also down by 2%.

The price of US oil has exceeded $100, and we can't say for sure what will happen over the weekend. Let's just hope for a good couple of days over the weekend.

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Selected Articles by Phyrex

5 hours ago
Written quite well.
6 hours ago
Houthi armed forces join the war.
1 day ago
Headache
View More

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