📊 Markets Today: Oil Is Pressuring Again
Market sentiment worsened today. Brent rose above $104, and the yield on 10-year U.S. Treasury bonds returned to around 5.35%. This is putting pressure on tech stocks and crypto.
Nasdaq and the S&P 500 are pulling back from record highs, while BTC is again trading near $83–84k. The AI sector also cooled slightly after strong gains.
An additional factor is that the Fed minutes showed some officials still see room for one more rate hike by the end of the year.
Bottom line: right now the market is reacting more to oil, rates, and bond yields than to the optimism around AI. As long as Brent and US10Y are rising at the same time, it’s better not to rush into aggressive buying of stocks and crypto.
#invest #crypto #nvidia
Market sentiment worsened today. Brent rose above $104, and the yield on 10-year U.S. Treasury bonds returned to around 5.35%. This is putting pressure on tech stocks and crypto.
Nasdaq and the S&P 500 are pulling back from record highs, while BTC is again trading near $83–84k. The AI sector also cooled slightly after strong gains.
An additional factor is that the Fed minutes showed some officials still see room for one more rate hike by the end of the year.
Bottom line: right now the market is reacting more to oil, rates, and bond yields than to the optimism around AI. As long as Brent and US10Y are rising at the same time, it’s better not to rush into aggressive buying of stocks and crypto.
#invest #crypto #nvidia