What you missed today:


• $930B wiped from S&P 500. Dow dropped 739 points. Nasdaq down 1.8%. Lowest close of 2026.
• Oil surged 10% past $100/barrel. First time since August 2022. Up 35% in 12 days.
• IEA calls it the "largest supply disruption in history." 400M barrels released from reserves. Largest coordinated release ever.
• Iran's new supreme leader vows Strait of Hormuz stays closed. 20% of global oil flows through it.
• Bitcoin holds $70K while equities bleed. Outperforming stocks and gold since March 1.
The big one: Goldman just pushed Fed rate cuts to September. With oil at $100+ and the strait closed indefinitely, inflation isn't cooling anytime soon.
The $11B war cost in 6 days was just the start.
BTC2,95%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin