Key Takeaways:
Bitcoin topped $67K on June 15; $198M in shorts were liquidated in 24 hours.Iran reopened the Strait of Hormuz; WTI fell below $80, easing energy fears.Ether, XRP, and HYPE posted double-digit gains; crypto cap reached $2.38T.This easing of energy supply fears sparked a fierce relief rally across global equity markets; Asian boards led the charge, with both the Nikkei and Kospi indexes surging over 5%, even as European equities remained largely flat. Wall Street eagerly caught the tailwinds, with the Nasdaq and S&P 500 jumping nearly 3% and 2%, respectively, as investors priced out the risk of a wider geopolitical conflict.
