October 9th 2026, 10:23 PM
Trump Eases Oil Tensions, Not Crypto Market
Key Summary
The Iran blockade Polymarket odds indicate a 9.5% chance of the US ending or suspending its naval blockade by October 15, despite President Trump's pledge not to attack Iran before the midterm elections. This news has mixed effects on the crypto market, with Bitcoin rebounding from a low after Trump's post, but still facing pressure from rising oil prices and Treasury yields.
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Iran blockade Polymarket odds sit at just 9.5% despite Trump's no-strike pledge, while Brent hovers near $103 and Bitcoin rebounds.