The US market is getting interesting.
The Strait of Hormuz is back open, and oil prices have plummeted to a 3-month low; WTI is nearly breaking below $75. This storyline is quite intriguing.
US stocks are buzzing, with Nasdaq jumping over 520 points today, almost as if they believe the geopolitical risks have vanished. But the Pentagon just mentioned needing $80 billion to deal with Iran—doesn’t that seem a bit too optimistic?
$BTC is riding the macro sentiment; right now, the charts feel like everyone is scared of missing the rebound yet wary of catching the top, typical wait-and-see mentality.
The Fed is also throwing a curveball—Warsh has outright stated they won’t be providing forward guidance anymore, letting the market interpret the data itself. This might be a good thing for the crypto scene since we won’t have to guess what those old-timers are hinting at.
Gold and silver are both dropping; are safe-haven assets losing their charm? Is money flowing into risk assets?
Anyway, expect significant volatility during US trading hours; be cautious and don’t get left behind.
#Bitcoin #Crypto #Macroeconomics #Trading #DeFi
NFA DYOR
The Strait of Hormuz is back open, and oil prices have plummeted to a 3-month low; WTI is nearly breaking below $75. This storyline is quite intriguing.
US stocks are buzzing, with Nasdaq jumping over 520 points today, almost as if they believe the geopolitical risks have vanished. But the Pentagon just mentioned needing $80 billion to deal with Iran—doesn’t that seem a bit too optimistic?
$BTC is riding the macro sentiment; right now, the charts feel like everyone is scared of missing the rebound yet wary of catching the top, typical wait-and-see mentality.
The Fed is also throwing a curveball—Warsh has outright stated they won’t be providing forward guidance anymore, letting the market interpret the data itself. This might be a good thing for the crypto scene since we won’t have to guess what those old-timers are hinting at.
Gold and silver are both dropping; are safe-haven assets losing their charm? Is money flowing into risk assets?
Anyway, expect significant volatility during US trading hours; be cautious and don’t get left behind.
#Bitcoin #Crypto #Macroeconomics #Trading #DeFi
NFA DYOR