$BTC Traditional financial markets also reacted sharply. Gold surged to a record high of $3,436 per ounce, as investors moved capital into safe-haven assets. Oil prices jumped around 10%, driven by concerns over possible disruptions to supply routes in the Middle East.
U.S. equities initially followed a risk-off pattern. On Jun. 14, the S&P 500 fell 1.1%, the Nasdaq dropped 1.3%, and the VIX, Wall Street’s benchmark volatility index, rose 15% to its highest level in a month.
However, as tensions showed signs of containment over the weekend, markets began to stabilize. As of Jun. 16, both the S&P 500 and Nasdaq have rebounded, each gaining over 1%.
Crypto prices have also partially recovered. Bitcoin is trading near $106,800, up 1.7% in the past 24 hours. Ethereum has climbed nearly 4% to around $2,610.