The US-Iran Tension Eases, TACO Once Again Proven Right, Oil Declines and Stocks Rise, Bitcoin Accelerates its Rebound, Market Calmly Awaits Changxin's Listing

BlockBeats News, July 27th. Last night and this morning, the tension between the US and Iran continued to ease. The Iranian Ministry of Foreign Affairs confirmed that the information exchange between Iran and the US is still ongoing, and the mediators are continuing their related efforts. All of this is built on Trump's pause in attacking Iran, and it can be said that, against the backdrop of the surge in US bond yields and oil prices, TACO has once again proved to be true.

As a result, international oil prices opened lower. At the time of writing, according to Bitget, the WTI oil price was quoted at $83.608, with a 24-hour decrease of 6.26%. Nasdaq futures opened 1.4% higher on Monday, while S&P 500 index futures rose by 0.76%. The yield on the 10-year US Treasury bond also fell simultaneously, currently at 4.632%, with a daily decline of 1%.

Additionally, according to HTX market information, Bitcoin started to accelerate its rebound this morning, currently priced at $65,416.76, with a 24-hour increase of 1%.

Furthermore, today ChangXin Technology was listed on China's Sci-Tech Innovation Board. At the time of writing, the stock contract on tradexyz is currently priced at $6.5424.