Pre-market crypto stocks are glowing green after the ceasefire news
CoinDesk·2h ago·Positivity
What Happened
Bitcoin climbed to $72,750 following news of a two-week U.S.-Iran ceasefire, then eased to just below $72,000. Tech stocks gained strongly in pre-market trading, with QQQ up 3.3% and IGV showing similar strength. Gold rose over 2% to $4,800 per ounce. Oil markets fell sharply, with WTI crude down 12.5% to $96 per barrel. Volatility compressed across markets, with VIX down 20% and Bitcoin Volmex Implied Volatility Index down 6% to 46.
Key Entities
BitcoinU.S.-Iran ceasefireQQQ ETFIGV ETFWTI crudeBrent crudeVIXBVIVCoinbaseGalaxy Digital