---
title: "Momo 'Meh' As Mideast Melee Spikes Oil, Bitcoin Bad But Big-Tech & Bonds Bounce"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292108838.md"
description: "Escalating Middle East tensions and Trump's comments on the ceasefire caused oil prices to hit one-month highs, pushing bond yields up and initially lowering stocks. While big tech and bonds recovered later in the day, Bitcoin fell alongside equities. The market also shrugged off hawkish signals from Fed minutes."
datetime: "2026-07-08T20:01:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292108838.md)
  - [en](https://longbridge.com/en/news/292108838.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292108838.md)
generator: "portal-rs"
---

# Momo 'Meh' As Mideast Melee Spikes Oil, Bitcoin Bad But Big-Tech & Bonds Bounce

***Tl;dr:** Words ('**ceasefire is over**': Trump) and deeds (**tit-for-tat attacks** escalating) surrounding Iran **spiked oil** prices to one-month highs, smashing **bond yields higher and stocks lowerearly** (then big tech bounced, distracted from the chaos in momentum briefly). The **dollar ripped and dipped**, with gold mirroring the swing. Bitcoin followed big-tech lower (but not back up) as the **market shrugged off hawkish confirmation** in Fed Minutes and **bonds bounced back to end only marginally higher** in yield.*

## Oil

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [MOMO.US](https://longbridge.com/en/quote/MOMO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)
- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [USOI.US](https://longbridge.com/en/quote/USOI.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [GUSH.US](https://longbridge.com/en/quote/GUSH.US.md)
- [DRIP.US](https://longbridge.com/en/quote/DRIP.US.md)

## Related News & Research

- [Oil prices steady as investors assess US-Iran war outlook](https://longbridge.com/en/news/296417823.md)
- [W.Africa Crude - Market quiet, awaiting loading programs](https://longbridge.com/en/news/296384200.md)
- [Bitcoin lands on the same custody rails Citi uses for equities and bonds](https://longbridge.com/en/news/296272222.md)
- [Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments](https://longbridge.com/en/news/296124824.md)
- [Bitcoin Standard Treasury Company (BSTR) Terminates Business Combination, Team Continues Pursuing Active Bitcoin Treasury Management | CEPO Stock News](https://longbridge.com/en/news/296540800.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**