Breaking News! Strait of Hormuz Closure + US-Iran Nuclear Strike Rumors, Global Markets Crash Across the Board

This afternoon, the market was directly crushed by the news, with US stocks leading the decline down 1%, and the crypto market falling in tandem, with panic spreading rapidly.

The Iranian Revolutionary Guard announced: The Strait of Hormuz has been closed, cutting off 20% of global oil transportation. According to Global Times, the White House released related videos, and the market is widely speculating that the US plans to launch a tactical nuclear strike on Iran, casting a shadow of war over the entire globe.

Oil prices surged sharply, inflation expectations skyrocketed, the Federal Reserve's rate cut expectations were completely dashed, and a strong dollar suppressed all risk assets. US tech stocks plummeted, with the Nasdaq leading the decline; the crypto market fared even worse, with Bitcoin and ETH plunging across the board, and a wave of margin liquidations reemerged.

⚠ Short-term geopolitical risks dominate everything, safe-haven funds flow into gold and the dollar, and the narrative of crypto as "digital gold" is temporarily invalidated. $BTC #比特币震荡走弱