Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin reached $79,000.
- Bitcoin pumped over $1,000 within one minute on Binance.
- Michael Saylor hinted at MicroStrategy buying more Bitcoin.
- The world's largest Bitcoin conference begins this week in Las Vegas.
- A giant Bitcoin logo and Metaplanet were spotted on the Las Vegas Sphere.
- The S&P 500 posted a 12.5 percent gain over the last four weeks, one of the largest such advances since 1950.
- Despite inflation staying above the Federal Reserve's target for 61 consecutive months, the Fed is expanding its balance sheet.
- Government shutdowns have not negatively impacted the stock market on average.
- Less than 10 percent of the global population is invested in crypto.
- Oil prices increased as Iran doubled down on threats to close the Strait of Hormuz.
- Iran stated it is no longer willing to negotiate its nuclear program.
- President Trump commented that the U.S. may need to take action on Iran's nuclear capabilities.
- Iran's foreign minister said Tehran is pursuing diplomatic initiatives to reduce tensions.
📊 Altcoin Market Updates 📊
- The $SI token on Ethereum surged 110 percent in the past 24 hours after President Trump referred to artificial intelligence as ‘superior intelligence.’
- Aave went live on Solana.
- The Cryptopunks floor price surpassed 30 Ethereum.
- Hyperliquid's total open positions hit a new all-time high above 260,000.
- Total value hacked from crypto protocols surpassed $623 million in April.
- Scallop protocol identified an exploit resulting in an approximate 150,000 Sui loss but will fully cover it.
- $Belka saw accumulation from large holders and went viral as the potential next meme coin after $Pnut.
- A collector spent $282,000 on a set of Bored Ape Yacht Club NFTs.
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 $SPY $QQQ $OIL
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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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