Brent Crude surged to $77 and WTI hit $71 as U.S.-Iran conflict fears ignite supply concerns. Oil prices could hit $140/bbl if the Strait of Hormuz closes, while Gold targets $6,000/oz and Bitcoin (BTC) tests key support.

Bitcoin remains a resilient hedge against fiat currency destruction and rising global debt levels.

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Ethereum faces selling pressure as bearish wave structures target the $1,300 support level.

EUR/USD rose to 1.1790 on Monday. The US dollar attempted to strengthen, but part of its rally was subsequently pared back.