Analysis: The easing of the US-Iran situation boosts risk assets, while Bitcoin remains constrained by specific selling pressure factors

QCP Group's latest market commentary points out that the United States and Iran reached a memorandum of understanding (MOU) over the weekend. The market expects the Strait of Hormuz to resume navigation, and the marginal easing of geopolitical risks has driven overall strength in risk assets. S&P 500 futures opened more than 100 points higher and broke historical highs, while oil prices fell below $75 per barrel, reflecting a decrease in market pricing for the risk of energy supply disruptions.