Oil Prices Plummet Amid US-Iran Deal Talks as Bitcoin Holds Firm
The price of oil continues to plummet as the U.S. and Iran discuss a phased deal that could reopen the Strait of Hormuz, with Brent crude at $93 and WTI at $105.
This development comes despite growing concerns over global supply disruptions and rising tensions in the region.
In contrast, Bitcoin is managing to hold its own, hovering around $84,422. The crypto market's open interest sits at $151.79 billion, with liquidations reaching $338.34 million.