The Market Updates

CRASH:

Oil has now dropped 43%, falling below $68.50 for the first time in 4 months.

It’s now just $1 above pre-war levels, and that’s a good thing.

Lower oil means inflation cools down, which gives the Fed more room to cut rates.

🔥MASSIVE PUMP IN GOLD AND SILVER

$1,300,000,000,000 added in just 6 hours.

BREAKING:

🇺🇸 US PMI CAME IN AT 53.3

EXPECTED: 54

Trump earned $1.4 Billion from crypto while Bitcoin is down -54% and ETH is down -68% from its all time high.

First Pro crypto US president in history…

BANKS ARE BUYING THE DIP 🔥

🇦🇪 UAE Private Bank Goldman Lamp says it bought $137 million in Bitcoin during the recent dip.

🇺🇸 U.S. Vice president JD Vance discloses holding $250,000 Worth of Bitcoin.

You are not Bullish enough 🚀

BREAKING: 🇺🇸 President Trump has disclosed a crypto portfolio worth over $100 MILLION, including Bitcoin and Ethereum.

President of United states is holding crypto and you are bearish?

He will definitely pump his bags.

People who entered the market in 2017 probably wished they had entered in 2015.

People who entered the market in 2021 probably wished they had entered in 2018.

People who entered the market in 2025 probably wished they had entered in 2022.

People who enter the market in 2029 will probably wish they had entered during this current period.

One day, today will become a memory.

Someone opened a massive $80,000,000 $ETH short.

If ETH only pumps $80, he'll go back to serving burgers.

🇮🇷 Over 8,500 seafarers still trapped in the Strait of Hormuz.

The UN’s maritime agency (IMO) says we can't safely evacuate them until Iran promises not to hit the rescue ships.

Evacuation on pause after last week's attack.

This mess is costing lives and global trade big time.

Source: CNN Live / Writer: Lucas

Bitcoin dominance is dumping hard.

Alts are holding much better than $BTC now.

🇮🇷 Iran has a checklist for mourners heading to Ali Khamenei's funeral, and it reads like a day at the beach.

The official graphic urges attendees to eat a light breakfast, carry a water bottle, wear a hat, and sip water every 20 to 30 minutes to beat the heat.

It even lists warning signs of heatstroke and tells people to move anyone affected to a cool, shaded spot.

No advice about what to do if Israel decides to bomb the funeral though.

I guess after all these months, everyone knows the drill already

Source: Tasnim / Writers: Julie, Ian

Coinbase and Binance are non-stop dumping $BTC.

When will this stop?

THIS IS BAD.

USD/JPY is now at its highest level in 40 years.

This is the level where the BOJ intervenes to strengthen the yen, and it resulted in a global market crash in 2024.

Gold crashed 30% from its peak and erased $12 trillion from its market cap, hitting a 7-month low of $3,942.

This drop is 6x the entire mcap of crypto.

🚨 Bitcoin just broke below $59,000 again and continues to show weakness.

This is happening despite relative stability in US, Japan, and South Korea markets.

The chart does not look good and is signaling potential heavy capitulation ahead.
Intraday levels:

Support: $58,000
Resistance: $63,000

Watch these levels closely.

$ETH forming a clear double bottom on the daily chart.

This pattern often signals a reversal after a sharp decline.

- Support: $1,500
- Target on breakout: $1,850

If ETH holds above $1,500 and breaks the recent highs, this double bottom could trigger a strong relief rally.

Watch this level closely.

🇺🇸🇮🇷🇶🇦 CENTCOM keeps 50,000+ troops on high alert across the Middle East.

This comes as Iran says preparations for U.S. talks in Doha haven't started yet.

The playbook remains the same: Military pressure + diplomacy in parallel as tensions heat up.

Source: Al Arabiya / Writer: Lucas

🇺🇸 $4.8 trillion JPMorgan says tokenization, stablecoins and Blockchain technology could MODERNIZE the US financial system.

Few years ago this same institution called Bitcoin a FRAUD and decentralized PONZI scheme used for money laundering.

🇺🇸 US Senator Tim Scott said “the Senate SHOULD VOTE on the crypto market structure legislation in July.”

“It’s time to deliver for the American people.”