Live Markets: Second Day of U.S.-Iran Conflict Keeps Markets Volatile as Oil Drops

Markets stayed volatile as the U.S.-Iran conflict entered its second day after a ceasefire collapse, with Brent crude trading just below $73 a barrel, down more than 2.5% in 24 hours. Meanwhile, bitcoin rose about 1% over the same period to near $63,000, according to CoinDesk, while gold traded above $4,100 an ounce and silver stayed below $60. U.S. Treasury yields consolidated after Wednesday’s rise, with the 10-year holding above 4.5% and the 30-year above 5%. Separately, U.S. spot bitcoin ETFs saw $85 million of net outflows Wednesday, while ether ETFs took in about $70 million.