As of this writing, digital gold is trading around $70,900, according to forklog.com.
Ethereum quotes rose 6% to $2200. BNB, XRP and Solana added 3-4%.
Trump wrote that the U.S. and Iran had “very good and productive talks” on resolving the conflict in the Middle East.
“Based on the nature and tone of these deep, detailed and constructive talks, which will continue this week, I have directed the Department of Defense to delay strikes on Iranian power plants and energy infrastructure for five days, depending on the success of ongoing meetings and discussions,” the United States president added.
Iran denied Trump’s statement
US financial commentator Walter Bloomberg quoted Iran’s Tasnim news agency as saying there were no talks. Trump’s statement there was called “psychological warfare”.
According to Reuters, discussions between the sides were also denied by Tehran’s Fars news agency. The journalists added that Israel said it would continue strikes against Iran.
According to the Telegram channel of Iranian President Massoud Pezeshkian’s administration, the Iranian Foreign Ministry clarified: the country is now negotiating exclusively with Oman over shipping through the Strait of Hormuz.
Stock market reaction
The broader market reacted with gains. Futures on the S&P 500 index rose almost 2%, forming a “divine candle” on the chart.
However, Brent crude oil collapsed by more than 14% to $96 per barrel, Bloomberg writes. Following the fuel, European gas prices sagged.
Gold almost completely recovered the morning losses: the price bounced back to $4440 per ounce. The dollar index DXY fell to 99.1.
