Trump promises oil slump after Iran war: what it means for crypto
- —Trump: war will end "right after the midterm elections" on November 3
- —No ceasefire agreement, Tehran has not confirmed any timeline
- —Goldman raised December 2026 Brent and WTI forecasts by $5 to $85 and $80
- —Fed hiked rates to 3.75–4.00%, Goldman expects another hike in October
Why it matters: Cheaper oil would lower inflation and pressure on the Fed rate, and improve miner margins — a key macro catalyst for bitcoin.
Source: CryptoTicker