Happy Saturday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
The S&P 500 closed at a new all-time high of 7,126.
Bitcoin pumped above $78,000 before trading around $77,000.
Michael Saylor's strategy has now bought over twice the amount of bitcoin mined this year.
A U.S. congresswoman purchased up to $250,000 in Bitcoin ETFs.
Morgan Stanley celebrated the launch of its Bitcoin ETF as its most successful ever.
Odds of bitcoin reaching $80,000 rose to 64 percent on Polymarket, while the odds of it crossing $100,000 this year hit 47 percent on Kalshi.
Over $400 million in crypto short positions were liquidated in the past hours.
Ship traffic resumed in the Strait of Hormuz after the reopening.
President Trump announced that Iran has agreed the Strait of Hormuz will never close again.
The U.S. extended a license authorizing the sale of some sanctioned Russian oil.
Investors placed roughly $760 million worth of oil shorts shortly before the Strait of Hormuz reopening announcement, triggering sharp price drops.
India began settling payments for Iranian oil in Chinese yuan.
TSMC has become an AI-first foundry, with high-performance computing now making up 61 percent of its revenue.
📊 Altcoin Market Updates 📊
XRP is now live on the Solana network.
USDC introduced the USDC Bridge for predictable and transparent transfers between chains.
The CMC crypto fear and greed index hit the greed level for the first time since October 2025.
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
PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?
Clere to grab the Altcoin Profit Toolkit — 8 structured modules + 3 indicators including the Smart Exit Decoder that shows overbought conditions on multiple timeframes, helping you scan, enter, and exit trades like a pro trader.
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.
Connect with me on:
🟦 Linkedin: Timothy Assi
🟪 Instagram: @panic_drop
⬛ X: @timoassi
📧 timothy@panicdrop.com
🟩 Panic Drop Podcast : on your favorite streaming app
