Crypto Markets Soar as Stocks Rally, Oil Drops 5%
Total crypto capitalization is up 3.5%, with Layer 1s and memecoins leading the charge. Crypto markets are off to a strong start this week, with major altcoins surging amid more than $400 million in short liquidations. Stocks rallied while oil dropped 5% after U.S. Treasury Secretary Scott Bessent told CNBC that Iranian oil tankers are…