Gulf bourses gained today, shrugging off stalled Iran talks and Strait of Hormuz disruptions.
Regional equity investors are acting like crypto traders: geopolitical risk, meet market indifference. A major shipping choke point is threatened, yet money flows into local stocks.
Our read: Markets are either desensitized to conflict, or they believe the impact will be contained. With the Fear & Greed index at 34 (Fear), this traditional market calm looks like misplaced optimism.
Will crypto react with similar calm if Hormuz escalates?
$BTC
Regional equity investors are acting like crypto traders: geopolitical risk, meet market indifference. A major shipping choke point is threatened, yet money flows into local stocks.
Our read: Markets are either desensitized to conflict, or they believe the impact will be contained. With the Fear & Greed index at 34 (Fear), this traditional market calm looks like misplaced optimism.
Will crypto react with similar calm if Hormuz escalates?
$BTC