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Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets

CoinDesk· Oliver Knight· Jul 27, 2026 · 10:35 AM
Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets

Brent crude plunged 7% after the U.S. and Iran paused Strait of Hormuz strikes, lifting equities and DeFi tokens while bitcoin held near $65,000 ahead of a pivotal Fed decision Wednesday.

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