【Afternoon Deep Dive | Brent Breaks Through $100, $BTC Forms a Golden Cross—Is Crypto “Gold Standard-ization” Happening?】
Escalation in the Middle East again: the U.S. military says it destroyed 10 Iranian oil tankers. Iran retaliates by striking U.S. ships and tankers in response. In the Strait of Hormuz, multiple merchant vessels were attacked. Brent crude oil also broke above $100 for the first time since July. A WSJ report says Trump’s aides are already assessing the possibility that the conflict could be dragged until the end of his term—geopolitical risk premia are unlikely to fade in the short term.
Cash flows look especially delicate: data from the World Gold Council shows that in August, global gold ETFs pulled in $18 billion, the second-largest single-month inflow on record. At the same time, European stocks retreated; $BTC , however, surged to as high as $79,700 and printed a “golden cross.” CoinDesk points to a key shift: crypto is increasingly being priced alongside gold rather than stocks, with the safe-haven narrative reigniting.
On the ecosystem front, $TRX has a cluster of positives: the Canary staking-based TRX ETF (TRXS) is launched. TRON’s number of accounts has surpassed 400 million, and on-chain USDT exceeds $94 billion—institutional channels continue to expand.
Amid the storm, it’s worth keeping a close eye on the migration of capital.
NFA | DYOR
#比特币 #加密货币 #BTC #黄金 #geopolitics
Escalation in the Middle East again: the U.S. military says it destroyed 10 Iranian oil tankers. Iran retaliates by striking U.S. ships and tankers in response. In the Strait of Hormuz, multiple merchant vessels were attacked. Brent crude oil also broke above $100 for the first time since July. A WSJ report says Trump’s aides are already assessing the possibility that the conflict could be dragged until the end of his term—geopolitical risk premia are unlikely to fade in the short term.
Cash flows look especially delicate: data from the World Gold Council shows that in August, global gold ETFs pulled in $18 billion, the second-largest single-month inflow on record. At the same time, European stocks retreated; $BTC , however, surged to as high as $79,700 and printed a “golden cross.” CoinDesk points to a key shift: crypto is increasingly being priced alongside gold rather than stocks, with the safe-haven narrative reigniting.
On the ecosystem front, $TRX has a cluster of positives: the Canary staking-based TRX ETF (TRXS) is launched. TRON’s number of accounts has surpassed 400 million, and on-chain USDT exceeds $94 billion—institutional channels continue to expand.
Amid the storm, it’s worth keeping a close eye on the migration of capital.
NFA | DYOR
#比特币 #加密货币 #BTC #黄金 #geopolitics