Happy Tuesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin climbed above $71,000 following President Trump's comments on potentially ending the conflict with Iran.
- Brent crude oil fell under $100 per barrel, crashing over 10 percent after positive developments in talks with Iran.
- More than $900 billion was added to the US stock market at open amid easing geopolitical tensions and lower oil prices.
- Michael Saylor's Strategy purchased 1,031 bitcoin for around $77 million and announced plans to raise $42 billion for additional bitcoin acquisitions.
- Bitcoin has outperformed gold and the S&P 500 since the start of the US-Iran conflict.
- Nvidia CEO Jensen Huang says we have achieved AGI.
- BlackRock CEO Larry Fink says tokenization could transform finance like the internet did in 1996.
- Goldman Sachs raised the US recession probability to 30 percent.
- US gas prices climbed to $3.96 per gallon, the highest level since August 2022.
- A massive fire erupted at an oil refinery in Port Arthur, Texas.
- The odds that bitcoin reaches $80,000 before $60,000 in 2026 have surpassed 50 percent on Polymarket.
📊 Altcoin Market Updates 📊
- Tron Dao unveiled a $1 billion AI fund focused on identity, payments, real-world assets and autonomous finance.
- Backpack launched its native token on Solana.
- Solana co-founder Anatoly Yakovenko says there is no such thing as Solana alignment.
- Moonpay open-sourced the wallet layer for the agent economy.
If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.
$BTC $SPY $OIL $GOLD $ETH
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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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