Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin briefly falls under $93,000 amid heavy selling pressure. Now trades around $95,000.
→ 152,483 traders were liquidated from the cryptocurrency market in the past 24 hours.
→ Bitcoin is now down slightly on the year after peaking 35% higher in early October.
→ Odds of $BTC trading above $200K by 2027 fall to 18%, per traders on Kalshi.
→ $BTC/$EUR drops below 80,000 euros as the dollar strengthens.
→ Odds of 3 rate cuts in 2025 fall to 47%, per traders on Kalshi.
→ The S&P 500 has closed above its 50-day moving average for 198 consecutive days, the 5th longest streak since 1950.
→ $GOOGL stock jumps nearly 7% overnight after Buffett's Berkshire Hathaway buys $4.3B stake.
→ Goldbug Peter Schiff says Strategy’s “entire business model is a fraud” and “$MSTR will eventually go bankrupt,” challenging Michael Saylor to a debate.
→ 🇺🇸🇨🇳 US plans to finalize trade deal with China before Thanksgiving.
→ 🇺🇸🇷🇺 Trump approves bill allowing tariffs up to 500% on Russia’s trade partners.
→ 🇯🇵 Japan considering spending around $110,000,000,000 in new stimulus package.
→ McDonald’s sees record surge in job applicants.
→ Michael Saylor hints at buying more Bitcoin with “₿ig Week” post.
→ Elon Musk says Tesla's humanoid robot 'Optimus' will "eliminate poverty and provide universal high income for all."
📊 Altcoin Market Updates 📊
→ 🇪🇺 A run on stablecoins could force ECB to rethink interest rates, warns top policymaker Olaf Sleijpen – FT.
→ Odds of $ETH hitting ATH before 2026 drop below 10% on @Polymarket.
→ In the past week, Bitmine Immersion bought another 67,021 $ETH ($234.47 million) from Galaxy Digital, FalconX and Coinbase - Arkham.
→ $ZEC/$USD flips $BTC/$USD in 24h spot volume on Kraken - $ZEC/$USDC flips $ETH/$USDC in 24h perp volume on Hyperliquid; $ZEC is up over 220% in the past 30 days.
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 $SPX500 $NSDQ100 $GOOG
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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