These catalysts could bump bitcoin as Trump hands three-week target to end Iran war

Asian stocks surged 4% and S&P 500 futures jumped after Trump said the conflict could conclude without a deal with Tehran, while Morgan Stanley's newly approved bitcoin ETF at 14 basis points opens a $6.2 trillion advisory channel. What to know : Asian stocks and U.S. equity futures rallied sharply after President Trump said he would give an "important update" on Iran and predicted the war could end within weeks. Oil prices rebounded as reports said the United Arab Emirates is preparing to help the U.S. and allies forcibly reopen the Strait of Hormuz, potentially entering the conflict as a combatant. Bitcoin and other cryptocurrencies rose modestly and remained far less volatile than equities, even as a new low-fee Morgan Stanley bitcoin ETF and hopes for a swift end to the war fueled cautious optimism for a stronger second quarter.