Trump Boosts 'Talks' Expectations, Plans One-Month Ceasefire, Gold, Silver, and Oil See Sharp Volatility

BlockBeats News, March 25th. Last night and this morning, the Middle East situation once again saw multiple "reversals." During the U.S. stock market session, there was news that part of the U.S. 82nd Airborne Division is set to be deployed to the Middle East. This news sharply deteriorated market sentiment, with WTI crude oil briefly breaking through $93 per barrel, and U.S. stocks subsequently plummeting.

Subsequently, U.S. President Trump stated that the U.S. is in talks with Iran, and he also said that the Iranian side has "begun rational communication" and agreed to "never possess nuclear weapons." Oil prices and U.S. bond yields fell from their highs, and the stock market also partially recovered lost ground. However, the three major U.S. stock indexes still closed lower, with small-cap stocks outperforming large-cap stocks.

After hours, Trump continued to raise expectations for "peace talks," stating that U.S.-Iran negotiations "may be very close to reaching an agreement," with Iran agreeing to never possess nuclear weapons. Reports suggest the U.S. is considering a one-month ceasefire and has proposed 15 negotiation points. This news caused WTI crude oil to plummet more than 6% within one hour after hours, almost completely erasing its intraday gains. Nasdaq 100 futures rose over 1%.

Cryptocurrencies, on the other hand, experienced relatively narrow fluctuations, with Bitcoin briefly falling to above $69,000 this morning before rebounding, now trading at $70,634.74.