Techub News reports that as tensions between the US, Israel, and Iran escalate, traditional markets are closed for the weekend, and perpetual crypto contracts have become a primary channel for risk hedging. On the Hyperliquid platform, crude oil perpetual contracts rose about 5%, reaching $70.6 per barrel; gold perpetual contracts increased approximately 1.3% to $5,323 per ounce; silver rose about 2% to $94.9 per ounce. The 24/7 trading nature of the crypto market highlights its advantage when traditional markets are closed, driving increased investor interest in on-chain perpetual contracts.
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Techub News reports that as tensions between the US, Israel, and Iran escalate, traditional markets are closed for the weekend, and perpetual crypto contracts have become a primary channel for risk hedging. On the Hyperliquid platform, crude oil perpetual contracts rose about 5%, reaching $70.6 per barrel; gold perpetual contracts increased approximately 1.3% to $5,323 per ounce; silver rose about 2% to $94.9 per ounce. The 24/7 trading nature of the crypto market highlights its advantage when traditional markets are closed, driving increased investor interest in on-chain perpetual contracts.