Hupzy (Spot On Chain)|Jun 01, 2026 22:03
🚨 𝗧𝗿𝘂𝗺𝗽 says he expects a deal with Iran "over the next week" to extend the ceasefire and reopen the Strait of Hormuz, per ABC News. A few points remain unresolved.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A concrete timeline shifts this from diplomatic noise to a tradable catalyst. Reopening the Strait of Hormuz would ease oil supply fears — a persistent inflation overhang. For crypto, lower oil = lower inflation expectations = more dovish Fed pricing = bullish for risk assets including BTC.
But the flip side matters: if the deal falls through again (as it did in May), the reversal could trigger a sharp risk-off move. Watch crude oil prices as the real-time proxy — a sustained drop below recent lows confirms market belief in the deal.
--source: https://x.com/KobeissiLetter/status/2061566677758685314
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