World Market News of the 08 August with FXOpen #crudeoil #brent #wti #bitcoin #ethereum #crypto #btc

☑️ OIL HOLDS RECOVERY RALLY AS MARKET WAITS FOR IRAN RETALIATION Oil steadied after its biggest advance in a week, with the market on edge over a possible retaliatory strike by Iran on Israel as payback for assassinations of Hamas and Hezbollah leaders. Brent futures traded near $79 a barrel after a 2.4% rise on Wednesday, while West Texas Intermediate was above $75. Israel remains on alert, though comments from Iran’s president to his French counterpart suggested a diplomatic path to de-escalation. Oil has rebounded after falling to a seven-month low on Monday amid a rout in global equity markets. Source: Bloomberg ☑️ CRYPTO INCHES UPWARDS AGAIN AS RIPPLE RULING LIFTS MOOD Major cryptocurrencies ticked upwards on Thursday after Ripple Labs Inc. was ordered to pay a $125 million penalty — an outcome the firm framed as a victory over the US Securities and Exchange Commission. Bitcoin rose as much as 4.5% to over $57,600 while Ether, the