Trump’s “No Deal with Iran” Frenzy Sends Oil to the Moon, Bitcoin to the Brinks!

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Markets trembled like a rattlesnake in a dust‑filled valley. One man, draped in his own Truth Social, proclaimed that peace with Iran would require a surrender so “unconditional” that even the folks in the Gulf were thunder. As if coins weren’t already loose in the hands of the hungry, the headline had oil rising to a town‑high and crypto narrowing the gap to nothing but the moon.

What to know:

  • Oil’s stretch went up 11%, and it was staring the same way at about $90 a barrel-why, the shepherds said the sky was the limit.
  • Index futures wavered, with the Nasdaq looking as steady as an old river bank-downgraded by 1.8%.
  • Bitcoin took a lap under the red line, sliding to $68,800, a 5% tumble that left the early‑swinging bulls feeling a little thin‑skinned.

In the same breath that the President shouted at a world that had traded twosome for a tense standoff, the markets dipped again in the early hours of Friday. Who would have thought that a single tweet could set a suitcase of oil pricing and Bitcoin on fire over such watery plains?

“There’s no room for negotiation,” the President said, faithful to his own version of “Truth.” His words were a chorus of one‑sidedness, and they gulped in the already shaky spirit that had moved the market to a sprawling cliff in a string of highs.

The up swell of crude lent a new, hefty aura to the Nasdaq futures, which slipped 1.8% and kissed the edges of a low that felt much like an open campfire for the market’s fortune. And as the crypto denizens heard the wail, Bitcoin followed suit, gliding to a fresh low of $68,800-a 5% slide that would make any sheepherd of a trader feel a little pocketed.

Economy softens

Unexpectedly, the payrolls opened a darker window: 92,000 jobs folded away in February, a sign that the U.S. labor field, once a bright glint at any market rally, showed a more weary kernel. The unemployment number, a speck at 4.4% versus the previous month’s shining ruby of 4.3%, echoes a wind that’s just beginning to turn.

None of this slight tea looks to make the Federal Reserve instantaneously map a quantity of softer rates onto this suddenly cold corner of the economy. Fed’s felt no immediate reason to cut down much of the slow beats it holds, given that the inflation story stays above that 2% elixir, so headaches rise in the shape of an oil surge.

Interest‑rate speculation remains the whisper of a badly positioned campfire. The odds for a March cut? A slender 4%. For April? A flinty 17%. The market sits in a hard mud patch that’s only a little warmer when questioned about change.

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2026-03-06 17:33