Trump Claims US-Iran Deal 'Nearly Finalized'; White House Shooting Sends Oil Plummeting; Bitcoin V-Rebounds

Huo Xing Finance reports that on May 24, despite it being the weekend, a series of major developments overnight and early this morning triggered significant market volatility: Trump stated that the U.S.-Iran agreement is “basically finalized.” The New York Times revealed that Iran has agreed to a memorandum of understanding including the cessation of all hostilities, including those in Lebanon; the reopening of the Strait of Hormuz; the lifting of the U.S. maritime blockade; the allowance of free commercial passage; and the release of $25 billion in frozen Iranian assets. Nuclear issues will be negotiated separately within 30 to 60 days. Notably, this round of negotiations is not merely marked by unilateral optimism from the U.S. side—Iran has also expressed strong optimism overnight, making this agreement potentially more credible. Hours later, the White House, where Trump is located, was again targeted in a shooting incident, leading to its lockdown; the suspect later died in the hospital. Affected by these events, crude oil prices plunged sharply: according to market data, Brent crude dropped rapidly from $102 to $94.20. Bitcoin, however, staged a V-shaped rebound, touching bottom above $74,000 before continuing its recovery, currently trading at $76,739.18, up 1.61% over the past 24 hours.