Happy Monday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
Bitcoin closed above the 50 week moving average for the first time since November 2025.
Hackers stole about 4,000 Bitcoin worth $320 million from the Liquid Network. The attackers claim they are white hats and told holders to contact them on-chain.
Polymarket now prices a 72% chance that Bitcoin finishes September above $82,500.
Kalshi traders see less than a 16% chance Bitcoin hits $50,000 before $100,000.
Bitcoin now represents 1% of global money, according to River.
U.S. Bitcoin ETFs took in $986.8 million this week.
Strategy bought another 4,603 Bitcoin for $369 million.
The Fed plans to buy up to $2.122 billion in Treasury bills next week as part of about $17 billion in reinvestment purchases.
The number of 401(k) millionaires hit a new all-time high of 769,000.
President Trump said he made hundreds of billions of dollars from stocks for the U.S., adding it was "not myself."
U.S. markets are closed today for Labor Day after Friday's mixed session.
The 10-year yield sits near 4.78%. Oil edged higher on fresh U.S.-Iran tensions after attacks on ships in the Gulf, with Brent near $96 and WTI near $92.
Oracle and Adobe report later this week. Friday's CPI print is the next major data test.
📊 Altcoin Market Updates 📊
Altcoins have flipped Bitcoin in open interest.
Robinhood Chain $HOOD led major networks in weekly fees at $16.8 million. Combined assets on the chain are closing in on a $2 billion market cap.
$HYPE printed a new all-time high and traded at $88.888.
Pons and Fomo flipped Hyperliquid in 24-hour revenue.
Solana co-founder Toly said Solana added "10 Robinhoods worth of capacity" this year and that spreads and fees on Arbitrum and Robinhood look worse right now.
BlackRock clients bought $57.79 million of $ETH.
BitMine bought 53,501 $ETH for $131 million.
The G20 agreed to develop crypto and stablecoin regulations.
Russia's new cryptocurrency law took effect.
Sec Chair Paul Atkins said he expects the Crypto Clarity Act to pass this month after the Nsa dropped its opposition.
Coinbase filed to offer perpetual stock trading in the U.S.
If you enjoyed this daily roundup, make sure to follow me, I'll see you tomorrow!
$BTC $SPY $QQQ $OIL $SMH
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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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