Trump's Iran Stance Impacts Markets, Bitcoin and Stocks Decline

U.S. President Donald Trump declared that there will be "no deal with Iran except UNCONDITIONAL SURRENDER," which has influenced market movements. According to NS3.AI, this statement pushed WTI crude oil prices close to $90 per barrel, while causing declines in both bitcoin and stock markets. Nasdaq futures experienced a 1.8% drop, and bitcoin fell by 5% to approximately $68,800 as risk markets reacted negatively. In addition to these developments, separate data revealed a decrease in U.S. payrolls by 92,000 jobs in February, with the unemployment rate rising to 4.4%. Despite the weak labor market data, interest rate markets are currently pricing in only a 4% probability of a Federal Reserve rate cut in March and a 17% chance of a cut in April.