As tensions between Israel and Iran escalate, the crypto market has emerged as a weekend risk hedge. During traditional market closures, Hyperliquid's perpetual contracts saw significant gains, with crude oil rising approximately 5% to $70.6 per barrel. Gold and silver perpetual contracts also increased by about 1.3% and 2%, reaching $5,323 and $94.9 per ounce, respectively. The 24/7 trading capability of perpetual contracts highlights their advantage in times of market uncertainty, drawing attention to continuous on-chain trading.
Crypto Markets Serve as Weekend Hedge Amid Middle East Tensions
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