Iran Accuses Trump of “Seven Lies” After Bitcoin and Stock Markets Surge

Geopolitical friction over the Strait of Hormuz tempered recent market rallies. Iran’s parliament speaker publicly rejected U.S. claims about a reopening deal and warned the strait could close again, undermining optimism that had driven sharp moves in oil and equities. Brent and U.S. crude plunged (Brent down ~9% to $90.38; U.S. crude down 11.4% to $83.85) on reopening headlines, yet shipping activity and insurance costs remain depressed with over 150 tankers anchored. Risk that the ceasefire narrative was premature pushed traders to reassess positions; Bitcoin (BTCUSD) sits at $77,192, up 3.6% in 24 hours but short of the anticipated $80,000 weekend breakout. Overall market tone is mixed as geopolitics keeps price risk elevated.