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Glonghui, April 29｜India's SENSEX index rose by 1% to 77,655.84 points.

Glonghui, April 29 – Pakistan KSE-100 Index opened up 0.5% at 169,214.80 points.

BlockBeats News, April 29th, Trump has instructed aides to prepare for an extended U.S. Navy blockade of the Strait of Hormuz, causing Brent crude oil prices to surpass $111 per barrel, but Bitcoin remains within a narrow trading range. Trump on Tuesday said Iran is in a "state of collapse." Tehran, on the other hand, stated that it might accept a temporary agreement to reopen the strait if Washington lifts the blockade on Iranian ports. Founder of Split Research, Zaheer Ebtikar, stated in a report that Bitcoin's relative calm reflects a shift in market structure. He said: "The supply surplus has finally been absorbed, panic sellers due to macro shifts or quantum concerns have long exited, making the market's selling pressure noticeably weaker than a few months ago." Ebtikar added: "Bitcoin's sensitivity to regulatory noise or central bank policy is much lower than people imagine. Its sensitivity is purely a function of broader volatility, and since we are currently in a relatively tranquil trading range, there is no immediate urgency to exit." Analysts at Bitget marked $75,000 as a key level that has been holding since the end of March, and breaking below it could open up further downside potential. Bouncing back from the current level to $80,000 would maintain the upward structure and pave the way for a retest of the resistance level that has rejected every Bitcoin rally since February.