Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin reclaims $110,000 and trades around $108,000.
→ Federal Reserve to host crypto payments innovation conference today.
→ Michael Saylor hints at buying more Bitcoin.
→ Billionaire Jack Dorsey says Bitcoin is money.
→ Billionaire Jack Dorsey says Bitcoin is not crypto.
→ Japan’s Financial Services Agency considers revising regulations to allow banks to hold cryptocurrencies such as Bitcoin.
→ China removes top trade negotiator Li Chenggang from World Trade Organization role.
→ President Trump says he will keep massive tariffs on India until they stop buying Russian oil.
→ President Trump says Chinese President Xi Jinping is open to a trade deal.
→ Gold now accounts for over 20% of global central bank reserves, the highest share in nearly three decades.
→ Betting markets expect US government shutdown to last 43 days, the longest in history.
→ US commercial real estate prices are down 18% from their peak 2022 levels.
→ Bond market pricing in 100% probability of Fed rate cuts at the last two FOMC meetings this year, bringing the Fed Funds rate down to 3.50-3.75%.
→ S&P 500 operating earnings expected to hit another record high, up 10% over the last year.
→ New milestone: Nvidia and TSMC celebrate first US-made Blackwell wafer in Phoenix, Arizona.
📊 Altcoin Market Updates 📊
→ Bullish price hits new all-time high of $0.01066, surpasses $10 million market cap.
→ Binance Wallet bans over 600 accounts for abusing Binance Alpha with fraudulent automated tools like bot farms.
→ Coinbase CEO Brian Armstrong says you don't need to buy a full Bitcoin or ETH to get started; you can start with a few dollars.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
@TimothyAssi
$BTC $ETH $SOL $SPX500 $GOLD
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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