Bitcoin held firm near five-week highs despite escalating US-Iran tensions, with US stocks also shrugging off risks. Analysts suggest a potential short squeeze in the S&P 500, while some traders predict Bitcoin will outperform US stocks in the foreseeable future.
Bitcoin (BTC) approached $67,000, building on gains at the Wall Street open, as crypto markets mirrored resilient US stocks. This occurred despite escalating US-Iran conflict and proposed US international trade tariffs, with analysts warning BTC needs to reclaim its 21-week SMA to exit the bear market.
US stock markets declined Wednesday due to ongoing strikes on Iran and Federal Reserve signals of potential interest rate hikes. Brent crude oil surged over 5% to $80 a barrel following Trump's declaration that the Iran-US ceasefire is over.
Bitcoin (BTC) is trading near $63,000 as US stock markets, led by chip companies, experience a downturn. Despite the market correction, Bitcoin ETFs saw net inflows, and John Bollinger noted a potential long-term reversal pattern.
Bitcoin (BTC) fell towards $58,000 on Tuesday, struggling to keep pace with US stocks' strong Q2 gains. Analysts suggest capitulation among top buyers as BTC faces renewed pressure from a strong dollar against the yen, potentially leading to government intervention.
Bitcoin (BTC) is struggling to hold above $60,000, with buyers showing a lack of conviction despite US stock market gains fueled by hopes of a US-Iran peace deal. Analysts note a defensive market posture and potential for oil price volatility.
Bitcoin price remains uncertain as US stocks react to Asia's tech sell-off, with multiple factors contributing to volatility, including upcoming Micron earnings and crypto liquidations exceeding $1 billion in 24 hours.
Web3 platform Enso has launched a new application providing access to over 500 tokenized assets, including stocks, ETFs, and Treasurys, through integrations with xStocks, Ondo Finance, and Anchorage Digital. This move simplifies access to tokenized assets and caters to growing global demand, particularly from Europe.
US stock markets fell Wednesday after the Federal Reserve kept interest rates unchanged but signaled a possible hike by year-end. The Fed cited economic expansion despite Middle East conflict uncertainty and elevated inflation, with nine members projecting at least one rate increase.
US stocks traded near record levels Tuesday, with the Dow Jones Industrial Average hitting an intraday all-time high. Falling oil prices and optimism over a US-Iran peace deal boosted investor sentiment, while SpaceX shares rallied significantly.
US stocks surged Monday, with the S&P 500 and Nasdaq hitting near all-time highs, driven by hopes that a tentative US-Iran deal will stabilize energy supply chains disrupted by the Strait of Hormuz conflict. Brent crude futures fell nearly 5%.
US stocks surged Monday on hopes that a tentative deal to end the US-Iran conflict will stabilize energy supply chains. The S&P 500 neared an all-time high, the Nasdaq jumped 3.1%, and the Dow closed at a record. Brent crude fell nearly 5%.
Major crypto exchanges like Binance, Kraken, Bybit, and Gemini are integrating direct trading of US stocks and ETFs into their platforms. This move challenges Wall Street's century-old dominance in retail brokerage, offering 24/7 trading, stablecoin settlement, and a unified app experience for both crypto and equities.
US stocks rose Thursday, led by tech and AI shares, as investors assessed valuations amid geopolitical tensions and inflation worries. The S&P 500 gained 0.5%, Dow Jones 0.7%, and Nasdaq 0.7%. Oil prices remained volatile due to the Iran conflict.
US stocks saw a mixed performance with AI-related stocks leading gains, while oil prices fluctuated due to geopolitical tensions. The European Central Bank raised interest rates to combat inflation, and markets await the Federal Reserve's decision.
US stocks declined Wednesday, with the tech sector leading the fall. Traders are assessing potential losses, with options markets pricing in a 21% chance of the S&P 500 hitting a bear market level and a 32% chance for the Nasdaq 100.
US stocks declined on May 10th as military tensions between the US and Iran escalated, leading to a decrease in risk appetite. The Dow Jones, S&P 500, and Nasdaq all closed lower.
Pyth Network has launched new pricing indexes for US stocks and commodities to support 24/7 trading on crypto exchanges. Major platforms like Coinbase and Kraken are already using these indexes for perpetual futures and tokenized assets, addressing the need for continuous pricing outside traditional market hours.
The US added 172,000 jobs in May with an unchanged unemployment rate of 4.3%, indicating a resilient labor market. Despite this, US stocks fell sharply due to a sell-off in AI chip stocks, with the Nasdaq down 4%.
US stocks recovered from early losses, with the Dow Jones Index closing up 1.7%. Hopes for an end to the Iran conflict and falling oil prices boosted the market, though tech stocks faced headwinds from Broadcom's outlook.
China's securities regulator is tightening scrutiny on offshore brokerages, restricting retail investors' access to US stocks. This move aims to redirect domestic capital and companies towards Hong Kong, seen as a more controllable financial hub.
US-Iran peace talks have stalled, leading to a rise in international oil prices. Meanwhile, US stock markets closed higher, driven by optimism in AI-related tech stocks. The Dow Jones Industrial Average, S&P 500, and Nasdaq all saw gains, with the Philadelphia Semiconductor Index experiencing a significant surge.
Crude oil prices surged Monday as Iran threatened to close the Strait of Hormuz amid suspended talks with the US. WTI crude rose 7.69% to $94.08, Brent crude 6.43% to $97.07. US stocks were mixed, with SAIC jumping 12.3% on strong earnings.
Asian stocks, led by South Korea's Kospi and Taiwan's benchmark, surged due to AI-driven demand for tech and chipmakers, while oil prices fell amid hopes for improved flow despite ongoing Iran conflict, influencing US markets and global commodity prices.
