{"id":48824,"date":"2026-04-18T11:35:41","date_gmt":"2026-04-18T11:35:41","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/18\/evening-digest-oil-plunges-bitcoin-jumps-on-iran-deal-hopes\/"},"modified":"2026-04-18T11:35:41","modified_gmt":"2026-04-18T11:35:41","slug":"evening-digest-oil-plunges-bitcoin-jumps-on-iran-deal-hopes","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/18\/evening-digest-oil-plunges-bitcoin-jumps-on-iran-deal-hopes\/","title":{"rendered":"Evening digest: Oil plunges, Bitcoin jumps on Iran deal hopes"},"content":{"rendered":"<div><\/div>\n<p>US markets and global assets moved sharply on Friday as investors reacted to a flurry of geopolitical and market developments, including fresh optimism around a potential US-Iran deal, a surge in Bitcoin, a steep drop in crude oil prices, and continued strength in Nvidia shares.<\/p>\n<h2 class=\"wp-block-heading\">Trump signals Iran nuclear halt as deal optimism builds<\/h2>\n<p>Sentiment improved after US President Donald Trump said <a href=\"https:\/\/invezz.com\/news\/2026\/04\/17\/trump-says-iran-to-scrap-nuclear-program-stocks-hit-record-highs\/\">Iran had agreed to suspend its nuclear program indefinitely<\/a>, raising hopes that a broader agreement to end the war could be within reach. He described the potential moratorium as \u201cunlimited\u201d and indicated that talks over a lasting deal could take place as soon as this weekend.<\/p>\n<p>\u201cMost of the main points are finalized. It\u2019ll go pretty quickly,\u201d Trump said.<\/p>\n<p>Iran has yet to confirm the claims, and key details remain unclear, particularly around its long-standing stance on uranium enrichment. <\/p>\n<p>Still, momentum toward de-escalation appeared to build through the day, with Tehran confirming that the Strait of Hormuz was open to commercial shipping following a ceasefire agreement between Israel and Lebanon.<\/p>\n<p>The developments helped fuel a rally in global equities while easing concerns over prolonged disruption to energy supplies.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin rallies as risk appetite returns<\/h2>\n<p>Bitcoin surged alongside broader risk assets, <a href=\"https:\/\/invezz.com\/news\/2026\/04\/17\/bitcoin-price-jumps-past-77000-as-hormuz-reopening-lifts-risk-appetite\/\">climbing above the $77,000 level<\/a> and briefly approaching $78,000 as geopolitical tensions eased. <\/p>\n<p>The move marked a significant recovery from earlier losses and pushed the cryptocurrency past a key resistance zone around $76,000.<\/p>\n<p>The rally was driven in part by improving investor sentiment as fears of a prolonged conflict subsided. <\/p>\n<p>A reopening of the Strait of Hormuz also contributed to the shift, reducing uncertainty in global markets and encouraging a return to riskier assets.<\/p>\n<p>The broader crypto market followed suit, with total market capitalization rising sharply and sentiment indicators moving into \u201cGreed\u201d territory. <\/p>\n<p>Analysts noted that a sustained move above current levels could pave the way for further gains, with the $80,000 mark emerging as the next psychological target.<\/p>\n<h2 class=\"wp-block-heading\">Oil prices slide on easing supply concerns<\/h2>\n<p>Oil prices fell sharply, with Brent crude dropping more than 10% to below <a href=\"https:\/\/invezz.com\/news\/2026\/04\/17\/brent-crude-slumps-below-90-on-peace-deal-hopes-market-remains-precarious\/\">$90 per barrel<\/a> as hopes of a peace deal between the US and Iran gained traction.<\/p>\n<p>The decline erased much of the gains recorded since the onset of the conflict and reflected expectations of improved supply flows.<\/p>\n<p>The reopening of the Strait of Hormuz, a critical chokepoint for global energy shipments, played a central role in the price movement. The route accounts for roughly 20% of global oil and liquefied natural gas trade, making any disruption highly impactful.<\/p>\n<p>Despite the sharp drop, analysts cautioned that risks remain, including unresolved geopolitical tensions and underlying supply constraints. Inventory data and OPEC production levels also suggest that the market could face a supply deficit in the near term.<\/p>\n<h2 class=\"wp-block-heading\">Nvidia extends rally amid bullish outlook<\/h2>\n<p>Nvidia shares continued their upward momentum, rising about 1.4% to move <a href=\"https:\/\/invezz.com\/news\/2026\/04\/17\/nvidia-stock-breaches-200-analysts-see-more-upside-ahead\/\">back above the $200 level <\/a>as investor confidence in the company\u2019s long-term growth prospects remained strong.<\/p>\n<p>While the stock has lagged some semiconductor peers in recent weeks, analysts remain broadly bullish. Oppenheimer reiterated an Outperform rating, highlighting Nvidia\u2019s technological lead in AI hardware.<\/p>\n<p>\u201c[Nvidia\u2019s] Best-in-class Blackwell Ultra (GB300) NVL racks lead the market by two generations, in our view,\u201d said analyst Rick Schafer.<\/p>\n<p>Bernstein analysts also maintained a positive stance, pointing to the company\u2019s upcoming Vera Rubin platform.<\/p>\n<p>\u201cThe AI castle on a hill boasts best performance\/watt training and inference.\u201d<\/p>\n<p>Despite competition from rivals such as AMD and Intel, Nvidia\u2019s valuation is still seen as attractive relative to its growth trajectory, with analysts pointing to strong earnings potential through 2027.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/04\/17\/evening-digest-oil-plunges-bitcoin-jumps-on-iran-deal-hopes\/\">Evening digest: Oil plunges, Bitcoin jumps on Iran deal hopes<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US markets and global assets moved sharply on Friday as investors reacted to a flurry of geopolitical and market developments, including fresh optimism around a potential US-Iran deal, a surge in Bitcoin, a steep drop in crude oil prices, and continued strength in Nvidia shares. Trump signals Iran nuclear halt as deal optimism builds Sentiment <\/p>\n","protected":false},"author":1,"featured_media":48825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-48824","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48824"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48825"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}