The day ahead in crypto: July 8, 2026
Brent crude surged up to 7% and Bitcoin fell below $62,000 after Trump declared the Iran ceasefire over at a NATO summit, rattling global markets.
Bitcoin sellers return as markets react to the failure of the US-Iran ceasefire and Hormuz closure threats, sending oil past $75 per barrel.
US-Iran clashes collapse the Strait of Hormuz interim deal as Brent crude jumps 5% to $76. Bitcoin drops to $62K while gold-backed tokens hold steady.
US-Iran airstrikes push Bitcoin below $63K and oil past $72. Crypto markets face volatility from geopolitical risk, sanctions enforcement, and inflation