Trump says the Strait of Hormuz will be “naturally open,” and risk-averse sentiment in the market is heating up

BTC2,22%
ETH2,81%

Gate News reports that U.S. President Donald Trump stated during a prime-time address on Wednesday that the U.S. military will complete its “core strategic mission” against Iran within two to three weeks, and he claimed that the Strait of Hormuz would “naturally open” after the conflict. However, Trump did not specify the implementation mechanisms and instead urged allies in the region to “occupy and protect,” which led to a cautious market response.

Following the announcement, Brent crude oil prices surged above $105 per barrel, having briefly broken through $102. Gold prices fell below $4,700 per ounce. U.S. stock futures generally declined: S&P 500 index futures dropped 0.54%, and Nasdaq index futures fell 0.66%. The yield on the 10-year U.S. Treasury rose to 4.36%, approaching 4.40%. Bitcoin also retreated to $67,336, down about 0.9% over the past 24 hours, after reaching a high of $69,135 earlier.

Market risk-averse sentiment significantly increased. South Korea’s KOSPI declined by 2%, while the defense sector was active. The optimistic tone of Trump’s remarks contrasts with the actual situation on the ground, causing crypto investors to remain cautious about the short-term outlook for cryptocurrencies and other risk assets.

Iran’s stance remains firm. Foreign Minister Abbas Aragchi stated that “trust is zero,” while the parliament continues to draft a fee plan for passage through the Strait of Hormuz, intending to charge a combination of stablecoins and the Chinese yuan, with a maximum of $2 million per vessel per crossing. This indicates that the situation remains uncertain in the short term, and geopolitical tensions could continue to influence the price volatility of Bitcoin, Ethereum, and other crypto assets.

Analysts pointed out that Trump’s optimistic statements have failed to ease market concerns, and crypto investors should continue to monitor the evolving tensions in the Middle East and their potential impact on oil prices, the stock market, and liquidity flows into risk assets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SHIB Struggles to Recover as Fresh Developments Fail to Lift Price Action

SHIB trading activity rises, but price stays trapped in a tight consolidation range. Whale accumulation increases while some long-term holders, including Aoki, exit positions. Strong derivatives volume and inflows fail

CryptoNewsLand2h ago

Macro Recovery Drives Risk Asset Inflows; Crypto Market Shows Divergence Between Mainstream and Altcoins

Global risk appetite rose on easing Middle East tensions, lower energy prices, and strong institutional support, pushing equities to new highs; gold held gains while crypto and ETFs posted modest moves. Global risk sentiment improved as tensions eased and energy prices fell, with equities at highs, gold firm, and crypto modestly higher; regulatory steps included France backing euro stablecoins and Circle's USDC Bridge.

GateNews2h ago

XRP’s Explosive Rise Isn’t Over Yet: Breaking Down Its Massive Returns

XRP delivered massive historical returns, contradicting claims of no appreciation. Analyst highlights “Bifrost Bridge” channel as key to long-term bullish structure. Current consolidation and ecosystem growth signal potential for another major breakout. Critics often claim that Ripple’s

CryptoNewsLand3h ago

Bitcoin Jumps 2.7% on Market Optimism Over Trump's Iran Ceasefire Extension

Gate News message, April 22 — Bitcoin surged 2.7% on Wednesday after President Donald Trump announced an extension of the ceasefire with Iran, boosting market confidence. The cryptocurrency traded around $77,500 at 1 p.m. Singapore time, marking its highest price since Friday when it touched a two-m

GateNews3h ago

Crypto Fear and Greed Index Falls to 33, Signaling Panic Conditions

Crypto Fear and Greed Index fell to 33, down from yesterday, signaling panic. The 7-day average is 27 and the 30-day average 16, indicating sustained bearish sentiment over the past month. The Crypto Fear and Greed Index fell to 33, signaling panic in the market. The 7-day average is 27 and the 30-day average is 16, indicating bearish sentiment has persisted for a month.

GateNews4h ago

Aave TVL Falls $15.1B in 3.5 Days; Spark Leads Gains

On April 22, on-chain analyst Yu Jin monitoring showed that, impacted by the rsETH/KelpDAO incident, Aave funds continued to flow out; within three and a half days, total deposits fell from $48.5 billion to $30.7 billion. Morpho saw a modest outflow of $1.5 billion over the same period. The most notable contrast comes from Spark, whose SparkLend business TVL rose against the trend from $1.9 billion to $3.2 billion.

MarketWhisper4h ago
Comment
0/400
No comments