Iran Accepts Ceasefire! Crypto Market Liquidated $206M in the Past 1 Hour; WTI Crude Oil Plunges 15.00% Intraday

BlockBeats News, April 8th, on April 8th local time, the Iranian Supreme National Security Council issued a statement early in the morning stating that, based on the Supreme Leader's suggestion and the approval of the Supreme National Security Council, they have accepted Pakistan's ceasefire proposal.

Possibly influenced by the easing geo-war tensions, the crypto market has rebounded, with Bitcoin rising above $71,000. In the past 1 hour, the crypto market has liquidated $206 million, with short liquidations amounting to $136 million.

WTI crude oil plunged 15.00% intraday, now trading at $93.79 per barrel.