Trump-Iran deadline chaos sends crypto higher while cease-fire hopes rise

Burns Brief

US President Donald Trump threatened Iran could be "living in Hell" if it doesn't open the Strait of Hormuz, though he also told reporters that a deal with Iran is getting close Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.