By selhomarlopes on Skatehive
The global market is breathing a sigh of relief with a new wave of optimism. The real possibility of a ceasefire and the reopening of the Strait of Hormuz is not just a victory for diplomacy, but the fuel the cryptocurrency market needed to break through the 2026 resistance levels. The Return of Risk-On Capital During the period of tension, we saw institutional investors migrate to "safe havens" like gold and treasury bonds. With peace and the stabilization of trade routes, the Risk-On sentiment is returning in full force. Bitcoin, which had been testing key support levels, is now aiming for the $90,000 mark again, driven by liquidity flowing back into tech assets and Web3. Low Oil, High Crypto Global logistics depend on the Strait of Hormuz. The reopening is expected to drop the price of Brent crude oil, which saw extreme volatility spikes in March. Lower Inflation: Cheaper oil reduces global inflationary pressure. Interest Rates: With inflation under control, central banks like the F