Trump's Statement on Pausing Iran Strikes Triggers Severe Market Volatility, Crude Oil Plummets, U.S. Stocks Rally, Bitcoin Breaks Through $70,000

MarsBitNews · 2026-03-24T01:07:16+00:00

Trump announces productive US-Iran talks, will suspend military strikes against Iran, triggering market reaction with Brent crude falling over 14% at one point. Iran's parliament speaker denies talks. Oil prices and US stocks slightly recover, while Bitcoin shows significant gains.

MarsBitNews

2026-03-24 01:07:16

Abstract generation in progress

Mars Finance News: On March 23, U.S. President Trump stated that the United States and Iran have had very good and productive talks over the past two days, and a five-day pause has been agreed upon for any military strikes against Iran’s power plants and energy infrastructure. Following the announcement, Brent crude oil fell more than 14%. Subsequently, Iran’s Islamic Parliament Speaker Kalibaf denied any dialogue with the U.S. Market reactions to the U.S.-Iran situation are ongoing. According to market data, Brent crude is currently at $98.25 per barrel, up 1.55%; WTI crude is at $91.15 per barrel, up 1.96%, rebounding slightly after yesterday’s sharp decline. Spot gold is at $4,338.46 per ounce, down 1.55%, marking the ninth consecutive day of decline; spot silver is at $67.62 per ounce, down 2.16%. U.S. stocks closed on Monday: Dow Jones up 1.38%, S&P 500 up 1.15%, Nasdaq up 1.38%. According to HTX market data, Bitcoin briefly broke through $71,000 and is now at $70,438.83, up 4.09% in 24 hours; Ethereum is at $2,132.11, up 4.33% in 24 hours.

BTC3,96%

ETH5,35%

View Original

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.