U.S.-Iran deal lifts stocks, weighs on oil. Crypto stays wary: Crypto Markets Today
The U.S.-Iran peace deal reached over the weekend provided the stimulus many markets had been waiting for. Oil fell more than 4% on news the Strait of Hormuz would reopen, copper jumped. MSCI’s broadest index of Asia-Pacific shares rallied 3% and Japan’s Nikkei 225 hit a record high. Crypto markets, however, posted muted gains after…