
PANews April 20 news, according to QCP Capital's market analysis, as the U.S. and Iran accused each other of violating ceasefire terms, market expectations for a de-escalation of the situation reversed over the weekend. U.S. crude oil rebounded by 8%, Bitcoin fell back to $74,000, and Ethereum dropped to around $2,300. Despite the ongoing geopolitical risks, Bitcoin's volatility remains at a yearly low, indicating that investors believe the conflict may drag on longer but will not worsen, thus the market response is limited. The risk reversal indicator fluctuated little, showing a lack of clear direction in the market. The ceasefire is set to expire, and another extension remains a possible outcome. Market attention is turning to the testimony of Federal Reserve chair nominee Kevin Warsh before the Senate Banking Committee on Tuesday morning, as his interest rate and economic outlook could become a recent catalyst.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。