# newsduweekend

233
Brent crude oil rose to $115, a +25% increase for the day, as the Strait of Hormuz remains closed and tensions between Israel, the United States, and Iran escalate.
• Asian markets fell sharply: South Korea -8%, Japan -7%, Taiwan -5.5%, Australia -4.7%, Hong Kong -3%.
• Bitcoin dropped below $68,000, and the Fear & Greed index plunged to 8, indicating extreme fear.
• The market experienced $153 million in long liquidations over 24 hours.
• The market capitalization of stablecoins reached a new high of $313 billion.
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