A potential US-Iran deal to reopen the Strait of Hormuz is already moving oil prices and Bitcoin as markets price in easing energy costs and macro tailwinds.

Iran and Pakistan proposed a deal to the US to reopen the Strait of Hormuz. Traffic normal by July 31 at 60% YES.

Trump says an Iran deal is largely negotiated, including reopening the Strait of Hormuz. Here's what it means for oil, markets, and crypto.