Hour by Hour: How Oil fell below $100 a barrel as Bitcoin broke $71k in surreal night of after hours trading

Bitcoin, SPY, and crude oil tracked a single overnight pivot as Trump moved from existential rhetoric to a two-week Iran ceasefire Markets spent the night repricing a single geopolitical variable rather than growth, inflation, or crypto-specific risk. After using unprecedented and combustible language earlier in the day, once Donald Trump signaled a two-week Iran ceasefire window, the war premium embedded across crud…