Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin briefly reclaimed $75,000.
- The odds of Bitcoin hitting $80,000 this month have reached a new all-time high of 52%.
- Polymarket now assigns a 68% chance that Bitcoin pumps to $80,000 instead of falling to $60,000.
- Michael Saylor's Strategy acquired 22,337 Bitcoin for $1.57 billion.
- BlackRock deposited 1,701 Bitcoin worth $124.88 million into Coinbase.
- Metaplanet raised $255 million to buy more Bitcoin.
- Polymarket gives a 97% chance that Michael Saylor's Strategy holds over 800,000 Bitcoin by year-end.
- Over $450 million worth of crypto short positions were liquidated in the past 24 hours.
- Iran launched multiple ballistic missile attacks on Israel.
- President Trump called for the Federal Reserve to hold a special meeting and cut interest rates immediately.
- President Trump expressed uncertainty about revealing which countries are assisting in the Strait of Hormuz situation.
- The SEC is preparing a proposal to eliminate quarterly reporting requirements for companies.
- Nvidia CEO Jensen Huang expects revenue to surpass $1 trillion by 2027.
- Gas prices in the United States have climbed to $3.72 per gallon, the highest since October 2023, while California prices stand at $5.53 per gallon.
- Fertilizer prices have risen 35 percent year-over-year to their highest levels since October 2022, with supply risks tied to the Strait of Hormuz.
📊 Altcoin Market Updates 📊
- Ethereum has reclaimed $2,300 after rising more than 8%.
- The odds on Polymarket that Ethereum gets flipped in market capitalization during 2026 have dropped below 40%.
- Hype has crossed $40.
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 $HYPE $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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