The Middle East play isn’t over yet. Trump directly said he won’t return to the Iran deal from June—he’s going to confront it head-on. But the most interesting part is that the oil now flowing through the Strait of Hormuz is 7–8 million barrels per day, which is double what it was in mid-July. Kuwait and Qatar haven’t been idle either—exports have recovered to 70% of pre-war levels.
Oil prices basically took off: Brent crude hit $89.70 and WTI also reached $83.53. Isn’t that weird? Supply has clearly recovered, yet prices are going up instead. The market has never played by conventional rules.
As for NVIDIA, this rally is genuinely powerful—Q2 revenue was $96.2 billion, up 106% year over year, and it even projected another 70% growth by 2028. Even Trump couldn’t sit still; he praised Huang on Truth Social. Data center revenue rose 117%—this AI money is real and actually makes money.
Now let’s talk about cryptocurrencies—the situation is pretty tangled:
- Unrest in the Middle East → investors want to hide/risk-off
- Tech stocks like NVIDIA going crazy → risk appetite rises
- The Fed people are still being hawkish → liquidity remains tight
$BTC short-term will likely keep whipsawing; neither bulls nor bears can convince the other. Oil is up, so the coins that track oil may move too—but can you withstand this kind of volatility?
#NVIDIA #Crypto #Geopolitics #Oil #Bitcoin
NFA DYOR
Oil prices basically took off: Brent crude hit $89.70 and WTI also reached $83.53. Isn’t that weird? Supply has clearly recovered, yet prices are going up instead. The market has never played by conventional rules.
As for NVIDIA, this rally is genuinely powerful—Q2 revenue was $96.2 billion, up 106% year over year, and it even projected another 70% growth by 2028. Even Trump couldn’t sit still; he praised Huang on Truth Social. Data center revenue rose 117%—this AI money is real and actually makes money.
Now let’s talk about cryptocurrencies—the situation is pretty tangled:
- Unrest in the Middle East → investors want to hide/risk-off
- Tech stocks like NVIDIA going crazy → risk appetite rises
- The Fed people are still being hawkish → liquidity remains tight
$BTC short-term will likely keep whipsawing; neither bulls nor bears can convince the other. Oil is up, so the coins that track oil may move too—but can you withstand this kind of volatility?
#NVIDIA #Crypto #Geopolitics #Oil #Bitcoin
NFA DYOR