Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin surged above $80,000, briefly hitting $80,600.
- Over $282 million in crypto short positions were liquidated in the past 24 hours.
- Berkshire Hathaway’s cash pile hit a record $397 billion in Q1.
- The US bond market has now been in drawdown for 69 straight months — the longest in history.
- US gas prices climbed to $4.45 per gallon, the highest level since July 2022.
- GameStop offered to acquire eBay in a $56 billion deal.
- Oil (WTI) is forecasted to reach as high as $134 by year-end according to Kalshi traders.
- Geopolitical tensions escalated as President Trump rejected the Iran proposal and Iran warned the Strait of Hormuz could become a “graveyard” for US forces.
- Michael Saylor confirmed MicroStrategy made no Bitcoin purchases this week and will resume next week.
- Elon Musk stated his goal is to reach a $10 trillion net worth.
📊 Altcoin Market Updates 📊
- Ethereum climbed to $2,350.
- $ZEC flipped $SOL in 24-hour perpetual futures trading volume on Hyperliquid.
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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