Commodities (Crude Oil & Copper) & Macro Outlook

Track prices and supply events for commodities such as crude oil and copper. Explore how energy costs and industrial cycles influence crypto mining, risk-on/risk-off sentiment, and global macro forecasts.
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BTC drops 0.62% in 15 minutes: Rising US-Iran tensions and oil prices breaking above $100 weigh on the market together

Between 13:00 and 13:15 UTC on July 24, 2026, BTC saw a sharp drop of 0.62% over 15 minutes. The price fell from $64,799.6 to $64,359.2 USDT, with an Ampl of 0.68%. Over the past 24 hours, BTC has retreated from a high of about $65,808 to around $64,406, down roughly 0.95%, and the current price is in the intraday low range. Market attention is rising and volatility has increased, but overall this is a mild pullback rather than a major shock. The core driver behind this move is the continued esc
BTC1.45%
BZ-0.49%
GateNews·07-24 13:16
BTC drops 0.62% in 15 minutes: Rising US-Iran tensions and oil prices breaking above $100 weigh on the market together

When will the Strait of Hormuz return to normal? Prediction market bets suggest there’s only a 52% chance it will be restored before the end of the year.

In July 2026, shipping through the Strait of Hormuz fell to the lowest level in two and a half months. On July 23, only one oil tanker left the strait, with no ships entering. This strategic waterway carries about one quarter of the world’s seaborne crude oil trade and about one fifth of global LNG transport, and it is now experiencing the worst shipping crisis since the Iran-Iraq War. At the same time, the prediction market is seeing funds place bets on when the strait will reopen. According to
KALSHI4.75%
BZ-0.49%
GateInstantTrends·07-24 12:59
When will the Strait of Hormuz return to normal? Prediction market bets suggest there’s only a 52% chance it will be restored before the end of the year.