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IREN Ltd (NASDAQ:IREN) shares are climbing during Wednesday’s session. The move comes as global markets react to a significant geopolitical shift.
• IREN stock is surging to new heights today. What’s behind IREN gains?
Geopolitical De-Escalation Boosts Sentiment
Investors are piling into risk assets following news of a two-week ceasefire agreement. The deal involves Iran, the U.S., and Israel. President Donald Trump announced the truce on Tuesday. He described the deal as a “total and complete victory.” This news relieved pressure on global markets and lowered oil prices.
Bitcoin Surges Past Key Levels
The ceasefire news triggered a sharp rally in the crypto market. …
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