The global cryptocurrency market cap now stands at $2.19T, up by 0.07% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $63,310 and $64,500 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,658, down by 0.53%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include QNTB, ATM, and NBISB, up by 27%, 23%, and 17%, respectively.
Soft CPI Sparks Fed-Hold Bets and a 34% Nebius Surge as AI Stocks Catch the Risk-On Bid
A benign July CPI — headline up 0.1% month over month and 3.4% annually, core up 0.2% and 2.5% — lifted the odds of a Fed hold next month to about 60% and unleashed a furious rally in AI infrastructure names. Nebius jumped 34%, while CoreWeave and Super Micro each surged 19%, dragging the Nasdaq up 0.54% even as the Dow flatlined. The move marks a clear pivot back toward the AI trade — one Michael Burry is betting against with shorts in Nebius, Micron, Oracle, and SOXX.
$SOXX.ETF
$CPIX.US
$BTC
#USJulyCPI&PPIDueThisWeek #USJulyPPIFlat #SpaceXShortInterestFallsTo11% #SheinSaidToLaunchHKIPOSubscriptionAroundAug20 #SpaceXRisesNearly12%Intraday
Bitcoin (BTC) has been trading between $63,310 and $64,500 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,658, down by 0.53%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include QNTB, ATM, and NBISB, up by 27%, 23%, and 17%, respectively.
Soft CPI Sparks Fed-Hold Bets and a 34% Nebius Surge as AI Stocks Catch the Risk-On Bid
A benign July CPI — headline up 0.1% month over month and 3.4% annually, core up 0.2% and 2.5% — lifted the odds of a Fed hold next month to about 60% and unleashed a furious rally in AI infrastructure names. Nebius jumped 34%, while CoreWeave and Super Micro each surged 19%, dragging the Nasdaq up 0.54% even as the Dow flatlined. The move marks a clear pivot back toward the AI trade — one Michael Burry is betting against with shorts in Nebius, Micron, Oracle, and SOXX.
$SOXX.ETF
$CPIX.US
$BTC
#USJulyCPI&PPIDueThisWeek #USJulyPPIFlat #SpaceXShortInterestFallsTo11% #SheinSaidToLaunchHKIPOSubscriptionAroundAug20 #SpaceXRisesNearly12%Intraday