Trump Successfully Replicates "Market Close Decapitation" Strategy, Crypto Assets and Crypto Stocks See Strong Rebound

BlockBeats News, March 2nd. Last Saturday (February 28th), the US military carried out a strike against Iran, and confirmed early Sunday morning (March 1st Beijing time) the successful "decapitation" of Iran's top leader, Khamenei.

Despite previous concerns by traders that this move would bearish the market, the main disagreement lies in the degree of bearishness. Indeed, the US stock market opened lower today (Dow Jones fell 1.15%, S&P 500 fell 1.07%, Nasdaq fell 1.5%). However, both the US stock market and crypto assets rose after the US stock market opened, including:

· Bitcoin rose 5%, now trading at $68,699

· Ethereum rose 6.25%, now trading at $2,035

· S&P 500 reversed and rose 0.23%, Nasdaq rose 0.14%, Dow Jones rose 0.25%

· Circle (CRCL) rose 11.35%

· MicroStrategy (MSTR) rose 5.43%

· Bitmine (BMNR) rose 7.72%

· Figure (FIGR) rose 12.62%

It is worth noting that the US military's last similar operation—kidnapping Venezuelan President Maduro—also followed a strategy intended to protect the market. That operation, carried out on January 3rd (a Saturday during a market holiday), was followed by a market rally after the US stock market opened on Monday.