Gate News message, April 19 — Oil prices surged and risk sentiment deteriorated over the weekend as US-Iran tensions escalated and standoff around the Strait of Hormuz intensified. US equity futures fell while the US dollar strengthened against major peers.
Brent crude jumped more than 7%, while S&P 500 futures declined nearly 1% after the underlying index closed at a fresh record on Friday. The dollar climbed against major currencies, with risk-sensitive assets including the Australian dollar and South African rand leading losses.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Latam Insights: Brazil Seeks Online Gambling Ban, Venezuela's National Stablecoin Proposal
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a draft to repeal all online gambling has been introduced in Brazil, a proposal to include stablecoins to help curb currency restrictions rises in Venezuela, and Latam
Coinpedia52m ago
Bitcoin falls below 74K; U.S. former defense secretary: A U.S.-Iran agreement may be difficult to reach before the deadline
With tensions rising in the Middle East geopolitical landscape, the Strait of Hormuz has become the focal point of military conflict between the U.S. and Iran. Attacks and seizures of cargo ships have been occurring frequently, and crude oil prices have risen. The U.S.-Iran ceasefire agreement is set to expire soon; peace talks have fallen into a stalemate due to irreconcilable positions, making it difficult to reach an agreement. As a result, the price of Bitcoin has dropped below 74K.
ChainNewsAbmedia1h ago
China's Financial Law Draft Consultation Ends; Digital Currency Legal Status, Crypto Asset Regulation Largely Absent
China's Financial Law Draft aims to unify financial legislation, granting regulators expansive investigative powers. While it strengthens oversight, it lacks focus on emerging sectors like AI and digital currencies, highlighting the need for balance between regulation and innovation.
GateNews11h ago
Iran's Foreign Ministry Spokesman Accuses U.S. of War Crimes Over Blockade
Iran's Foreign Ministry spokesman Baghaei condemned the US blockade of Iranian ports as a violation of ceasefire agreements and international law, labeling it collective punishment and potential war crimes against civilians.
GateNews12h ago
Iran Arrests 4 Suspects Over Alleged Intelligence Cooperation with U.S. and Israel
Iranian authorities in Julfa, East Azerbaijan Province, announced the dismantling of an intelligence network allegedly connected to the U.S. and Israel, leading to four arrests on April 19. The operation followed extensive surveillance by intelligence agencies.
GateNews13h ago
Iran Uses Bitcoin for Hormuz Strait Oil Transit Fees, But Stablecoins Handle Majority of Actual Fund Transfers
Iran is utilizing Bitcoin for oil transit fee settlements via the Strait of Hormuz, but stablecoins dominate actual fund transfers in these transactions.
GateNews18h ago
