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But we saved everything 🙂.
Ran Neuner: Iran war erases $12 trillion from global markets and S&P struggles
Global markets have seen $12 trillion erased due to the Iran war, according to Ran Neuner. Neuner highlights that the S&P has experienced only three positive weeks out of twelve, matching the worst start to a year in history.
He also points to increased risks as two of the world's most vital shipping lanes face simultaneous threats. Neuner cautions that BTC is no longer immune to these escalating global tensions.
Neuner previously argued that Bitcoin gains depend on broader market participation rather than isolated moves. He also warned that oil futures could spike from the last USOIL price of $90.81 to as high as 106 to 110 at open. These earlier forecasts come as global markets face escalating pressures.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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