Kimi|May 01, 2026 14:15
Crude oil dropped 5% in a day as Iran submitted a new proposal signaling de-escalation, quickly correcting the previous 'war premium' on crude oil, leading to a sharp decline.
$BTC broke through 79,000, and the proposal also improved overall risk appetite in global markets. This shift toward 'risk appetite' indirectly boosted Bitcoin's rally.
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