Meyda agrees to a two-week temporary ceasefire; crude oil plunges; Bitcoin rises above $72,000.

MeNews · 2026-04-08T00:25:10+00:00

Trump agrees to suspend attacks on Iran, Iran accepts Pakistan's ceasefire proposal, and both sides will begin negotiations in Islamabad on the 10th. The Middle East situation eases, Nasdaq futures rise, and WTI crude oil plunges below $100.

MeNews

2026-04-08 00:25:10

Abstract generation in progress

ME News message, on April 8 (UTC+8), Trump said he agreed to pause the bombing and attacks on Iran within two weeks. The Iranian Supreme National Security Council issued a statement in its local time saying that, based on the recommendations of the Supreme Leader and with approval from the Supreme National Security Council, it accepted Pakistan’s proposed ceasefire. Iran said that the Iran–U.S. negotiations will begin in Islamabad on the 10th.

As tensions in the Middle East eased, Nasdaq futures’ gain widened to 2%. WTI crude oil plunged 15%, falling below the 100 U.S. dollar mark. Spot gold rose more than 3.2%, currently at $4,811 per ounce. Bitcoin rebounded and broke above $72k, currently at $72,460, with a 24-hour increase of 5.52%. CoinGlass data shows that in the past 12 hours, on-chain crude oil liquidations totaled $347.50 million, while on-chain Brent crude oil liquidations totaled $310.20 million, with both seeing longs as the main liquidated positions. (Source: ME News)

BTC4.69%

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