In the U.S. pre-market, crypto markets took another hit along with the broader macro environment.
The core issue is simple: Trump has refused Iran’s proposal to reopen the Strait of Hormuz, and Brent crude jumped straight to over $107. Iran then said it is “fully prepared to resume the war,” while a New York delegation simply said there are no plans to talk with the United States. When oil prices rise, inflation expectations flare up again, and the market starts betting the Fed will be even more hawkish—global bond yields have hit the highest levels since 2007. Who can withstand that?
The result is that the whole room went risk-off: gold fell nearly 3% intraday to 4150, while silver was even worse, dropping 5%. $BTC and Nasdaq futures also moved downward. Even CoinDesk’s headline made it clear—because Trump did not rule out blowing up Iran again ahead of the midterm elections.
Personally, I think there’s a slightly paradoxical point here: in the past, when there was a war, gold would rise as a safe haven—but now even gold is falling. That suggests the market isn’t afraid of the war itself; it’s afraid of “higher for longer” interest rates. High-beta assets like something as volatile as $ETH $SOL will face even more short-term pressure.
This week also brings the ADP, PCE, and Non-Farm Payrolls triple data release. If the data points toward further rate hikes, don’t rush to buy the dip—keep your ammo.
NFA DYOR
#比特币 #宏观经济 #美联储 #中东局势 #Cryptocurrency
The core issue is simple: Trump has refused Iran’s proposal to reopen the Strait of Hormuz, and Brent crude jumped straight to over $107. Iran then said it is “fully prepared to resume the war,” while a New York delegation simply said there are no plans to talk with the United States. When oil prices rise, inflation expectations flare up again, and the market starts betting the Fed will be even more hawkish—global bond yields have hit the highest levels since 2007. Who can withstand that?
The result is that the whole room went risk-off: gold fell nearly 3% intraday to 4150, while silver was even worse, dropping 5%. $BTC and Nasdaq futures also moved downward. Even CoinDesk’s headline made it clear—because Trump did not rule out blowing up Iran again ahead of the midterm elections.
Personally, I think there’s a slightly paradoxical point here: in the past, when there was a war, gold would rise as a safe haven—but now even gold is falling. That suggests the market isn’t afraid of the war itself; it’s afraid of “higher for longer” interest rates. High-beta assets like something as volatile as $ETH $SOL will face even more short-term pressure.
This week also brings the ADP, PCE, and Non-Farm Payrolls triple data release. If the data points toward further rate hikes, don’t rush to buy the dip—keep your ammo.
NFA DYOR
#比特币 #宏观经济 #美联储 #中东局势 #Cryptocurrency