Happy Wednesday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Gold reaches a new all-time high of $5,200 per ounce.
- Silver price surges above $132 per ounce in Shanghai.
- Citi raises silver price target to $150 per ounce.
- S&P 500 closes at a new all-time high of 6,978.
- US dollar drops to a 4-year low.
- Steak ‘n Shake buys $5 million in Bitcoin.
- South Dakota introduces bill to allow the state to invest in Bitcoin.
- Majority of the top US banks are now involved in Bitcoin.
- Trump family-backed American Bitcoin increases holdings by 416 BTC, now holding 5,843 Bitcoin.
- Morgan Stanley hires a Head of Digital Asset Strategy.
- Grayscale Bitcoin Mini Trust ETF now available on Morgan Stanley’s platform.
- President Trump says interest rates will come down after Federal Reserve Chair Jerome Powell is replaced.
- President Trump says the US must use tariffs to achieve world peace.
- 25% chance Congress is banned from trading stocks this year.
- Best performing commodities over the past year: Silver (+273%), Platinum (+178%), and Gold (+89%).
- LVMH reports FY25 revenue down 5% to €80.8 billion.
- Intel Q4 FY25 revenue down 4% to $13.7 billion.
- Anthropic doubles VC fundraising to $20 billion.
📊 Altcoin Market Updates 📊
- Tether now holds over 140 tons of gold worth $23 billion.
- Tether launches USAâ‚®, the federally regulated, dollar-backed stablecoin.
- $HORSE set to launch on-chain game on Solana.
- $KASH community makes second donation of $1000 to dog shelter in USD1 stablecoin.
- $HYPE surpasses $33.
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 $SPX500 $NSDQ100 $GOLD $SILVER
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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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