Key Takeaways:
Trump threatened Iran on Truth Social April 5, warning of Tuesday strikes if the Strait of Hormuz blockade continued. WTI crude May 2026 futures climbed 2.7% to $114.59, while Nasdaq-100 futures dropped 0.65% to 24,061.75. Hyperliquid’s XYZ:CL perpetual contract hit $593M open interest as DeFi traders priced in geopolitical risk 24/7. Oil Futures Spike After Trump Posts Strait of Hormuz Warning on Easter SundayOil markets did not wait for Monday’s open to respond.
Cash equity markets were closed for the extended Easter weekend. The last regular session closed April 2, with Good Friday on April 3 observed as a market holiday. All equity futures data reflect the active June 2026 front-month contracts.
Hyperliquid Action Roars as Crypto Economy Gains
