Just caught the market chaos this morning. Trump's threatening military action against Iran and announcing a port blockade starting today, which immediately sent crude oil futures soaring 8% at the open. When geopolitical tensions spike like this, it's wild how the ripple effects hit everything at once.

The energy market spike dragged major US stock futures down over 1%, and interestingly the dollar strengthened while gold and silver both dropped more than 2% early on. These kinds of conflicting signals usually mean the market's still trying to figure out what happens next.

Crypto followed the broader market down this morning. Bitcoin's trading around $75.6K now, up 1.56% in the last 24 hours after earlier weakness. Ethereum bounced to $2.31K with a 1.36% daily gain, and Solana's holding at $85.27. The total crypto market cap sits around $2.49 trillion, down about 2.8% from a day ago.

Some alts are catching bids though. Life gained 27% in 24 hours, ENJ up 21.3%, and SOLV climbing 14.3%. Meanwhile TRU, PARTI, and DASH are getting hit with double-digit losses. Classic risk-off environment where traders are rotating out of weaker positions. The crude oil futures trading activity really set the tone for everything today.