Gate News message, April 21 — WTI crude oil (U.S. benchmark) dropped sharply in intraday trading, falling 11% to $84 per barrel, according to market data.
The decline came as geopolitical tensions in the Middle East eased, alleviating supply concerns that had previously driven prices higher.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran Plans to Reopen Stock Market Within 10-12 Days, Excluding War-Affected Companies
Iran plans to reopen its stock market in 10–12 days per IRNA, but stock codes for companies with direct war losses will remain suspended.
Abstract: Iran's securities exchange chief announced the market will reopen within about 10 to 12 days, according to IRNA, with trading resuming for most listings while direct-war-loss company codes stay suspended.
GateNews25m ago
U.S. Indo-Pacific Commander Highlights Bitcoin's Potential as 'Computer Science Tool'
Gate News message, April 21 — Admiral Samuel Paparo, commander of U.S. Indo-Pacific Command, testified before the Senate that Bitcoin demonstrates significant potential as a computer science tool and holds value as an instrument of power projection. Paparo stated that Bitcoin is a tangible reality w
GateNews30m ago
Iran Parliament Official: No Second Round of Talks Until Maritime Blockade Resolved
Gate News message, April 21 — Naderi, a member of Iran's parliamentary leadership, stated on April 21 that Iran will not hold a second round of negotiations until the maritime blockade issue is resolved, according to Iran's Student News Agency.
Naderi denied previous media reports claiming Iran had
GateNews37m ago
Maersk Advises Against Shipping Through Strait of Hormuz Amid Dynamic Geopolitical Situation
Gate News message, April 21 — Maersk stated that the current geopolitical situation remains highly dynamic and advised against shipping through the Strait of Hormuz.
GateNews1h ago
What does it mean that Bitcoin’s recent volatility is lower than the Korea Composite Index (KOSPI)?
The article notes that Bitcoin’s volatility over the past month has fallen to around 42%, with the price staying within the $65,000–$75,000 range, significantly lower than Kospi’s volatility. The approval of U.S. spot ETFs has drawn institutional capital in, improving liquidity and hedging capability, and strengthening Bitcoin’s resilience. Korean equities have highlighted the risk of Middle East energy supply and sharp swings in oil prices, underscoring Bitcoin’s role as a de-nationalized, relatively stable safe-haven asset.
ChainNewsAbmedia1h ago
Altcoins Surge Back Above $1.3T as Markets Rally After Greenland Crisis Resolution
On January 22, altcoins rebounded nearly 10% to $1.39 trillion due to eased global tensions, with Ethereum leading gains. Despite some volatility, the combined market cap stabilized at $1.32 trillion as other altcoins also showed modest recovery.
Coinpedia3h ago
