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$BTC All media outlets are saying that Iran is preparing for a ceasefire. On one hand, reports indicate that these comments were made on March 30th, but the effects are only now being felt. After the news broke, oil prices instantly dropped, U.S. stocks immediately rebounded, jumping from a decline to over 3% gains. Even $BTC rose by more than 2%.
The actual situation now is less important because, right after the announcement, the U.S. continued to fire on Iran, and Iran also kept attacking the U.S. and its allies. At least, the war is not over. Iran’s diplomatic ambassador directly connected with Al Jazeera, saying there are no negotiations with the U.S. and denying any plans for a ceasefire. The fighting is still ongoing.