BlockBeats News, May 25th. In the past 24 hours, the US-Iran agreement has shifted from "basic agreement" to "not yet finalized", causing another round of market turmoil. From various sources, it can be seen that the current key sticking point in the US-Iran negotiations lies in the Iran nuclear issue: Iran expects a verbal commitment while retaining its uranium stockpile, while the US expects detailed implementation and the establishment of a specific timetable for disposing of enriched uranium.
In summary, although most issues can be resolved through negotiation, the two sides still have significant differences on fundamental issues. In the coming days, it is expected that the tug-of-war between the two sides will intensify, possibly leading to another escalation in the situation.
On the market front, the traditional markets have shown full confidence in the US-Iran situation. The oil market opened significantly lower, with the major US stock index futures opening higher and continuing to rise. Nasdaq 100 index futures surged by 1%, S&P 500 index futures rose by 0.65%, and Dow Jones futures rose by 0.54%.
In the crypto market, Bitcoin showed relative weakness, returning to above $77,000 and mainly trading sideways. Strong altcoins such as HYPE and ZEC took advantage of the weekend to undergo a strong shakeout, followed by a return to the upward trend. At the time of writing, HYPE is currently trading at $63.169, with a 24-hour gain of 8.3%. ZEC is currently trading at $666.53, with a 24-hour gain of 3.9%.
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