What a wild day yesterday! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin dips to $98,931.
→ $2,100,000,000 liquidated from the cryptocurrency market in the past 24 hours.
→ Sequans Communications shares drop 16% after selling 970 Bitcoin for $105.3 million.
→ Nvidia and Deutsche Telekom unveil world’s first industrial AI cloud, set to launch in early 2026.
→ BlackRock announces plans to launch Bitcoin ETF in Australia.
→ Norwegian oil fund set to vote against Elon Musk's $1 trillion pay deal.
→ Odds of Bitcoin hitting $150,000 before April 2026 have fallen to 36%, per traders on Kalshi.
→ The Bitcoin Fear and Greed Index is back at "Extreme Fear".
→ Michael Saylor predicts Bitcoin is going to $1 million.
→ Senator Cynthia Lummis says crypto market structure is the "most important piece of digital asset legislation in United States history."
→ $730 billion wiped out from US stock market yesterday.
→ White House says President Trump has "officially ended the Biden administration's war on the cryptocurrency industry."
→ Treasury Secretary Bessent says US and China's trade relationship is "in a good place."
→ US Rents were down 0.9% over the last year.
→ 72% of all US data-center capacity is sitting in just 1% of counties.
→ Americans bet over $148 billion on sports last year.
→ US Home Prices rose 1.5% over the last year, the slowest growth rate in more than two years.
→ The average stock in the S&P 500 is up 7% over the past year vs. a 20% gain for the cap-weighted index.
→ The top 10 holdings in the S&P 500 now make up over 40% of the index, the highest concentration on record.
→ Palantir traded at over 240x forward earnings.
→ US Dollar Index hits $100.
→ AMD Q3 revenue +36% to $9.2 billion.
→ Uber Q3 gross bookings +21% to $49.7 billion.
→ Shopify over the last 5 years revenue nearly quadrupled.
📊 Altcoin Market Updates 📊
→ Blackrock deposits 22,681 Ethereum into Coinbase.
→ Fresh wallet withdrew 421.1K Trump worth $3.05 million from Binance.
→ Newly created wallet deposits 7.9 million USDC into Hyperliquid and opens 5x ZEC long position.
→ Spot Solana ETFs beat Bitcoin and Ethereum ETFs in daily net flow.
→ Solana co-founder says excluding hacks, DeFi even with multisigs prevents a lot of the bad leverage rugs that we saw in TradFi.
→ Ethereum is down year to date.
→ Berachain confirms all funds from the Bex / Balancer V2 exploit have been returned to the Berachain Foundation deployer.
→ StreamDefi discloses the loss of approximately $93 million in Stream fund assets, all withdrawals and deposits will be temporarily suspended, XUSD is currently down over 28%.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
Credit to the following X accounts for key insights & updates: @whaleinsider @bitcoinmagazine @watcherguru @degeneratenews @charliebilello @economyapp @earnings_time
$BTC $ETH $SOL $SPY $QQQ
Thanks for reading
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Written by Timothy Assi, an Elite Popular Investor on eToro.
Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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