U.S.-Iran talks expose gaps as crypto and oil swing
According to Huo Xing Finance, Iran early on April 7 countered a U.S.-proposed "15-point ceasefire plan" with its own "10-point proposal," underscoring sharp differences at the opening stage of talks. The report said former President Donald Trump is using negotiations as bait while pairing them with threats, coordinating with Israel to keep up strikes on Iran and pledging to "destroy Iran’s bridges and power plants" and "take over Iran within a day."
Markets turned volatile again. Bitcoin failed to hold a Monday afternoon rally and was last at $68,819, down 1.62% over the past 24 hours. Oil prices rebounded to pre-weekend levels, with WTI crude at $113.
The report warned that U.S.-Iran tensions are likely to see several more rounds of back-and-forth, with military conflict expected to intensify, keeping investors on edge in the days ahead.