Bloomberg: Bitcoin, which trades around the clock, has become the most liquid asset for expressing macroeconomic views when other markets are closed.
Svmuu News: As tensions escalate between the U.S., Israel, and Iran, traders are turning to cryptocurrency exchanges for round-the-clock hedging.Oil-linked perpetual contracts on Hyperliquid rose approximately 6.2% to $70.60 per barrel, while gold and silver perpetual contracts rose more than 5% and 8%, respectively, reaching $5,464 and $97.50 per ounce.Silver perpetual contracts saw over $400 million in trading volume over the past 24 hours, while gold contracts traded nearly $140 million. U.S. stock index contracts on the platform fell by 1% to 2%.The conflict in Iran triggered a safe-haven sell-off in the crypto market, with Bitcoin briefly falling 3.8% to $63,038 before stabilizing near $64,000; ETH briefly fell 4.5% to $1,836.According to CoinGecko data, the total market capitalization of digital assets evaporated by approximately $128 billion following the outbreak of the conflict.Jake Ostrovskis, Head of OTC Trading at Wintermute, noted that because Bitcoin operates 24/7, it has become the most liquid asset for traders to express macro views when other markets are closed, and more asset classes are moving toward round-the-clock trading.Charlie Ambrose, co-founder of Felix, said this was yet another weekend of 24/7 price discovery via perpetual contracts on Hyperliquid, which is expected to drive a macro shift in how global markets operate.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Iran-linked exchange Shelbit allegedly sent $676 million to Binance in sanctions-evasion operation, Reuters reports
-
2
Analysis Compares Healthcare ETFs: Invesco Nasdaq Biotech ETF (IBBQ) Saw 45.5% One-Year Return, Outperforming State Street Healthcare Select Sector SPDR ETF (XLV)
-
3
Analysis: Vanguard Small-Cap Growth ETF (VBK) up 21% YTD 2026, Outperforming Large-Cap Growth ETF (VONG) at 0.3% YTD
-
4
What Is POLA? Background and Investment Risk Analysis of the Pola On Base Project
-
5
Claiming Social Security benefits at age 62 instead of 67 can reduce monthly payments by 30%, potentially costing average retirees $150,000 over 20 years.
-
6
What Is DuckChain (DUCK)? An Analysis of Its Future Prospects
-
7
Analysis: Roundhill N-100 0DTE Covered Call ETF (QDTE) Payouts May Include Return of Capital, Trailing Nasdaq-100 Performance
-
8
The Future of Wrapped Bitcoin (WBTC): Bitcoin’s Role as a Bridge and the Challenges It Faces in the Ethereum DeFi Ecosystem
-
9
Analysis: Robinhood (HOOD) Stock Down 43% From High, Q2 Revenue Up 32% YoY Driven by Prediction Markets and Equities Trading
-
10
BNB (BNB) is increasingly becoming a key component of cryptocurrency index funds and ETFs.
Markets Today
Recommended Reading






