Crypto Market Hedges Iran War Risks With 24/7 Oil and Gold Trading
Perpetual swap futures, a type of futures contract that does not expire, tied to oil jumped about 6.2% to $70.6 per barrel on crypto exchange Hyperliquid, while those for gold and…
Perpetual swap futures, a type of futures contract that does not expire, tied to oil jumped about 6.2% to $70.6 per barrel on crypto exchange Hyperliquid, while those for gold and silver rose more than 5% and 8% to $5,464 and $97.5 per troy ounce, respectively. The Iran conflict triggered a sharp risk-off move across cryptocurrencies.
Source: https://finance.yahoo.com/news/oil-gold-rally-hyperliquid-24-131937525.html