Gate News reports that on March 24, U.S. President Trump signaled a easing of tensions with Iran, triggering a rapid revaluation across global markets and marking the most sensitive cross-asset correlation since 2026. Stocks surged, crude oil plummeted, and Bitcoin experienced a sharp rise in a short period, as market risk appetite quickly rebounded.
Before the announcement, U.S. stock futures had already shown signs of movement. Around 6:50 a.m. Eastern Time, approximately $1.5 billion in large buy orders flooded into S&P 500 futures, pushing the index higher rapidly. About 14 minutes later, Trump stated there had been “productive discussions” with Iran, directly reinforcing market expectations of geopolitical risk easing. By 7:10, the S&P 500 market cap had increased by roughly $2 trillion.
The energy market moved in the opposite direction. As Middle East conflict premiums were quickly removed, crude oil prices dropped significantly, reflecting a reassessment of supply risks through the Strait of Hormuz. Meanwhile, Bitcoin also rose in tandem, seen as a direct reflection of risk asset sentiment warming rather than traditional safe-haven logic.
This round of market movement shows that different assets respond distinctly to the same macro event: equities are buoyed by improved growth expectations, oil prices are pressured by reduced supply risks, and Bitcoin follows the flow of risk appetite.
Notably, some funds had already positioned precisely before the news was released, reaping considerable gains in a short period. This has also sparked discussions about market sensitivity to information and timing of trades. In today’s environment driven by high-frequency information, global asset prices react increasingly quickly to unexpected news, and the ability to capture signals early is becoming a key factor in trading outcomes.