Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
π¨ Major Headlines & Market Moves π¨
β Bitcoin briefly hits $88,000. Now trades around $87,000.
β $11 billion in short positions to be liquidated if Bitcoin rallies to $101,000.
β President Trump says record setting tariff revenues will create unprecedented national wealth.
β Treasury Secretary Bessent says the entire economy is not at risk of recession.
β U.S. banks now sitting on $395 billion in unrealized losses as of Q2 2025.
β Bank of Americaβs chief investment strategist Michael Hartnett says the Fed needs to cut, and Bitcoin will be first to sniff out coming Fed capitulation.
β UK now holds $5.18 billion worth of Bitcoin.
β Michael Saylor says βI wonβt back down.β
β Kalshi prediction market breaks past 17.6 billion cumulative contracts traded, highlighting accelerating growth and rising platform activity.
β AI hyperscalers Google, Amazon, Meta, Microsoft, and Oracle have issued more debt over the last 3 months at $88 billion than over the previous 3 years at $66 billion.
π Altcoin Market Updates π
β PumpFun has cashed out at least $436.5 million USDC since Oct 15, depositing the same amount into Kraken.
β Solana announces Mon, the native token of Monad, will list and be available to trade on Solana simultaneously or even before major exchanges.
β $SOL ETFs see 19 consecutive days of inflows.
β Whale deposits $2 million USDC into Hyperliquid and opens Ethereum long position with 2x leverage.
If you enjoyed this daily roundup, make sure to follow me β 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 $SOL $HYPE
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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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