Risk assets surge in pre-market trading as cease fire drives gains across crypto and equities
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By James Van Straten
Published on April 8, 2026.
The news of a two-week ceasefire between the U.S. and Iran has led to a surge in risk assets across the board, including Bitcoin, Invesco QQQ, and the iShares Expanded Tech Software ETF. However, oil markets have seen a sharp decline, with WTI crude dropping to $92 before rebounding to $96 per barrel. Volatility has also decreased across both traditional and crypto markets, with the VOW falling 20% and the Bitcoin Volmex Implied Volatility Index dropping over 6%.
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