The recent Memorandum of Understanding (MOU) between the U.S. and Iran has eased geopolitical tensions, leading to a surge in risk assets. The agreement is expected to facilitate the resumption of navigation in the Strait of Hormuz, reducing concerns over energy supply disruptions. As a result, S&P 500 index futures opened over 100 points higher, reaching new all-time highs, while crude oil prices fell below $75 per barrel. Despite the positive market sentiment, Bitcoin remains under pressure due to specific selling factors. The cryptocurrency has not mirrored the broad-based strength seen in other risk assets, indicating unique challenges in the digital asset market.