Futures for the U.S. markets moved up on Friday morning after Iran announced the full opening of the Strait of Hormuz amid a ceasefire between Israel and Lebanon.
Futures for the Dow rose by 524 points or 1.1%. S&P 500 added 0.8%, Nasdaq 100 rose by 0.9%.
Oil, meanwhile, dropped sharply. U.S. oil futures fell by 4% to $90.88 per barrel, Brent fell by 3% to $96.05. This signals that supply disruption fears are starting to ease after tensions around one of the world’s key energy trade routes.
Crypto activity remains high. Open interest reached $129.81 billion, up by 3.52%. Liquidations rose to $681.45 million, up by 183.52%. The average RSI across the market was 63.75, a neutral zone. The altseason index is at 38, also showing no clear trend. The fear and greed index remains at 22, indicating fear.
Signals from other markets are mixed. Gold rose by 1.88% to $4,880.75. The U.S. dollar index fell by 0.58% to 97.460. Bitcoin dominance edged up by 0.30% to 59.21%, while the BTC balance on exchanges dropped by 3,380 to 2.43 million coins.
Bitcoin is holding at $76,811.5, gaining 2.63% in 24 hours. In derivatives, the move is even stronger — volume jumped by 37.79% to reach $79.37 billion.
BTC market cap is now at $1.54 trillion. Spot also saw growth, with volume up by 3.13%, to $59.96 billion.
Over the week, bitcoin gained 5.17%. Liquidations totaled $260.11 million.
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Ethereum is trading at $2,414.19, up by 2.92%. Derivatives volume reached $63.04 billion, up by 43.12%. Market cap is $288.52 billion. Spot volume — $34.21 billion, up by 3.39%. Over the week, ETH added 1.54%, liquidations totaled $166.04 million.
Solana is holding at $90.01, up by 4.50%. Derivatives volume rose to $16.62 billion, plus 59.90%. Market cap is $51.52 billion. Spot volume — $5.58 billion, up by 2.09%. Over the week, SOL added 9.67%, liquidations totaled $26.66 million.
XRP is now trading around $1.4764, up by 3.82% in 24 hours. Derivatives also saw notable moves — volume rose by 39.63% to $4.90 billion.
Market cap is holding at $89.83 billion. Spot trading is also up, with volume rising to $2.83 billion, up by 2.58%.
Over the week, XRP gained 5.70%. Liquidations totaled $8.76 million.
S&P 500 and Nasdaq Hit Record Highs Amid Ceasefire Expectations
S&P 500 and Nasdaq once again set new highs on Thursday. The market continues to climb amid talk that tensions around Iran may start to ease.
S&P 500 added 0.26% and closed at 7,041.28. Nasdaq rose by 0.36% to 24,102.70. Both indexes set new highs both intraday and at the close.
Dow Jones also closed higher, adding 115 points or 0.24%. The final mark — 48,578.72.
Since the start of the week, S&P 500 is up by 3.3%, Nasdaq added 5.2%, and Dow rose by more than 1%. The tech-heavy Nasdaq is now showing its 12th straight session of gains. This is the longest streak since 2009.
Trump also fueled the market rally. He said he spoke with Lebanon’s president Joseph Aoun and Israel’s prime minister Benjamin Netanyahu.
According to him, the parties agreed to a 10-day ceasefire. It starts at 5:00 p.m. Eastern Time. For Iran, this is an important signal, as a halt to Israeli strikes has long been seen as a key condition for starting talks with the U.S.
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Trump himself says the next meeting could happen as soon as this weekend. Earlier, he even said the conflict was almost over and Tehran “really wants to make a deal.”
Meanwhile, stocks related to quantum technologies continue to surge. News from Nvidia played a role here. The company released open-source AI models and is betting on their use in quantum computing.
Since the start of the week, shares of IonQ and D-Wave Quantum have risen by more than 50%. Quantum Computing and Rigetti Computing added over 30%.
Bitcoin, meanwhile, is holding above $75,000, maintaining moderate growth.
