Happy Sunday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin is forecasted to go as low as $65,000 this month per Kalshi traders.
- BlackRock’s Bitcoin ETF recorded inflows for a third consecutive week, with the three-week total reaching $1.75 billion.
- Over $1 billion in crypto shorts will face liquidation if Bitcoin increases by $3,000 from its current price.
- Kalshi traders assign a 35% chance that Bitcoin will outperform gold this year.
- A giant Bitcoin drone show took place in Switzerland, depicting BTC consuming fiat currencies like Pac-Man.
- President Trump urged China and other nations to deploy naval forces to the Middle East to help reopen the Strait of Hormuz.
- The United States and many other countries are sending warships to the Strait of Hormuz to ensure it remains open and safe.
- Iran says the Strait of Hormuz is open to all countries except the United States and Israel.
- Iran launched a new wave of missiles against Israel.
- Iran confirmed that oil exports from Kharg Island are continuing normally despite the attacks.
- Israel has notified the US that it is running critically low on ballistic missile interceptors.
- Iran has threatened to target Ukraine’s entire territory over alleged support for Israel.
- Investors are watching earnings this week from companies including Lululemon, DocuSign, Didi, Tencent, Micron, Alibaba, Aramco and HPE.
📊 Altcoin Market Updates 📊
- The Wall Street Journal highlighted 24/7 oil futures trading on the Hyperliquid platform.
- The Ethereum Foundation completed the sale of 5,000 ETH via over-the-counter at an average price of $2,042.96.
- Solana co-founder Anatoly stated it is not what your blockchain can do for you, but what you can do for your blockchain.
If you enjoyed this daily roundup, make sure to follow me – I’ll see you tomorrow.
$BTC $ETH $GOLD $OIL $SPY
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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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