Happy Sunday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- President Trump threatened to obliterate Iran's power plants if the Strait of Hormuz is not opened within 48 hours.
- Bitcoin crashed to $69,000 following the threat.
- Over $240 million was liquidated from the crypto market following that tweet.
- Kalshi traders are forecasting Bitcoin to go as low as $47,000 this year.
- Senator Cynthia Lummis stated that the Bitcoin and crypto market structure bill will make America the digital asset capital of the world.
- The probability of Bitcoin hitting $60,000 before $80,000 in 2026 has risen to 60 percent on Polymarket.
- All seven Magnificent Seven stocks are down year-to-date and underperforming the S&P 500 average.
- Gas prices in the United States reached $3.93 per gallon, the highest since August 2022, with the largest monthly spike in 30 years.
- March CPI inflation is now projected to reach 3 percent as energy prices shift from tailwind to headwind.
- Trump Media and Technology Group is projecting widening net losses for 2025.
- Elon Musk suggested that X could become half of the global financial system if done right.
- A busy earnings week lies ahead with reports expected from companies including Chewy, Pdd, Cintas and Paychex.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $ETH $SPY $OIL $GOLD
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
