Bitcoin price fell sharply on Thursday after President Donald Trump’s speech on the ongoing US-Iran war failed to deliver the expected de-escalation signals that investors had anticipated. Hours before the speech, Bitcoin price and broader risk assets were climbing as markets priced in hopes of US-Iran war end and resuming oil supplies through the Strait

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Oil Price Soars Past $111 as US-Iran War Threatens Bab el-Mandeb Strait

As the US-Iran war enters its 36th day, global oil prices have surged past $111, with a more than 11% hike. This sudden rise in the crude oi...