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Dollar surge pressures crypto and gold after escalation in Iran conflict: Crypto Markets Today
The dollar index rose 0.5% to its highest since Jan. 19 as Iran conflict risks drove investors from crypto and gold into the U.S. dollar as a safe haven.
- The DXY climbed 0.5% on Tuesday, triggering selloffs across cryptocurrencies, U.S. equities and gold amid Iran conflict escalation.
- Rising geopolitical tensions pushed oil as crude oil prices surged to near two-year highs amid four days of the U.S. war against Iran, with analysts warning of disruptions through the Strait of Hormuz.
- Coinglass data showed $392 million in 24-hour liquidations with a 50-50 split between longs and shorts, led by BTC , ETH and Others ; altcoins ADA, ZEC and DASH fell over 4% while BTC futures open interest stabilized at $15.3 billion.
- Major U.S. stock indexes plunged for a second day on Tuesday, with the Dow losing more than 1,000 points and Treasury yields spiking amid inflation worries.
- Investors are rotating toward gold producers like Agnico Eagle Mines, Chevron, and RTX amid geopolitical risk, while options market metrics show the 1-week 25-delta skew cooled to 14%.
17 Articles
17 Articles
Dollar Surges Amid Middle East Conflict-Driven Energy Price Spike
Dollar Surges Amid Middle East Conflict-Driven Energy Price Spike The U.S. dollar climbed to a three-month peak early Wednesday in Asian markets, fueled by investor concerns over escalating tensions in the Middle East. As energy prices surged, fears of prolonged inflation sent shockwaves through the financial markets, impacting currencies and commodities globally.The euro fell by 0.3% to $1.1581, marking its third consecutive day of losses. The …
US dollar surges amid MidEast conflict
The dollar surged as the war in the Middle East panicked investors and stoked US inflation fears. Stock markets tumbled and oil prices spiked after the US assault on Iran, with even traditional haven investments such as gold falling. The market was further rattled by President Donald Trump warning that the conflict could continue for some weeks, CNBC reported. The news is good for dollar holders, but likely only in the short term: While inflatio…
Business Insider
The New York LedgerA CIO who manages $13 billion gives his top 5 stock picks as the US-Iran conflict roils markets
Michael M. Santiago/Getty ImagesThe US-Iran conflict has roiled markets, with stocks down and oil prices sharply higher.Uncertainty is high, but the CIO of Catalyst Funds sees several ways that investors can position.David Miller shared his top stock picks as the Iran war shakes up markets.Markets have been rocked by four days of the US war against Iran, with risk assets and safe havens alike selling off.Major stock indexes plunged for a second …
(New York = Yonhap News) Correspondent Lee Ji-heon = As military conflicts between the United States, Israel, and Iran continue, the value of the US dollar is rising sharply on the 3rd (local time).
Dollar surge pressures crypto and gold after escalation in Iran conflict: Crypto Markets Today
Risk assets fell across the board Tuesday as the U.S. dollar strengthened to a near two-month high following renewed military escalation in Iran, pressuring the crypto market.
Times of India
The Economic TimesUS Stock Market | Dollar reasserts dominance as investors seek shelter from oil surge
The U.S. dollar rebounded sharply after strikes on Iran triggered a surge in oil prices and a global risk-off shift. A Reuters report showed the dollar index posted its strongest single-day gain in seven months, reviving confidence in the greenbacks traditional safe-haven role during externally driven geopolitical crises.
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