The United States and Iran said they reached a tentative agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday.
The price of bitcoin has risen to $65,700, an increase of 2% over the past 24 hours, and the highest level since the drop in early June.
The price of WTI crude has fallen nearly 5% to just below $81 a barrel. barrel, the softest level in about two months.
Nasdaq 100 futures are higher by 1.5% and S&P 500 futures are up 0.9%.
