April 18th Cryptocurrency Market


It seems that there are serious disagreements within Iran, and this situation is likely to trigger more positive news again.
The exact situation regarding the Strait of Hormuz is: conditional, temporary opening, meaning that during the ceasefire in Lebanon (before the 26th), commercial ships are allowed to follow designated routes, but the traffic volume will be far below normal levels.
The first wave of crypto rally last night actually came from the pre-market of the US stock market, and the second wave was Iran releasing positive news. Now, the US stock market has already surpassed the historic high of 7126, and capital is flowing in, with cryptocurrencies riding the wave of US stocks.
The next move mainly depends on news; Iran and the US clearly do not want a conflict, and the situation is gradually easing. Maintaining the Strait's openness is a positive sign.
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