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Iran Accepts Ceasefire; $206 Million Liquidated in Crypto Market in Past Hour; WTI Crude Oil Plummets 15.00%
On April 8, the Supreme National Security Council of Iran issued a statement early in the morning local time, stating that, based on the advice of the Supreme Leader and the approval of the Supreme National Security Council, it accepted the ceasefire proposal put forward by Pakistan. Possibly influenced by the easing of geopolitical tensions, the crypto market has rebounded, with Bitcoin rising above $71,000. In the past hour, $206 million was liquidated in the crypto market, including $136 million in short positions. WTI crude oil has plummeted 15.00% today, currently priced at $93.79 per barrel.