【Late-Night Recap | Crypto Markets Amid a Geopolitical Storm】
Macroeconomic pressure is mounting tonight: Ship attacks in the Strait of Hormuz have reached their highest level since the war began, and a Singaporean cargo ship sank after being hit. Trump ordered the military to draw up new strike plans, with the “Mother of All Bombs” potentially targeting Iranian energy facilities. U.S. gasoline prices set a record in response.
Stock markets were hit just as hard: South Korea’s KOSPI and KOSDAQ both triggered circuit breakers—the first time since late July. Semiconductor stocks plunged 12% in a single day, while foreign investors in Taiwan recorded a record net sell-off of $9.3 billion in one day. U.S. August PPI surged to 6.3%, more than triple the Fed’s target. Expectations of rate hikes briefly pushed $BTC toward $81,000.
But crypto prices are recovering: $BTC is now trading at around $82,300 (24h +0.9%), while $ETH has climbed back above $2,440. The late-night highlight is on the regulatory front: The European Banking Authority has designated $USDC the EU’s first “significant” e-money token, marking further progress in stablecoin regulation.
With geopolitical tensions and inflation both weighing on markets, how far can this rebound go? Share your positions in the comments 👇
NFA | DYOR
#比特币 #加密货币 #地缘政治 #稳定币 #MarketRecap
Macroeconomic pressure is mounting tonight: Ship attacks in the Strait of Hormuz have reached their highest level since the war began, and a Singaporean cargo ship sank after being hit. Trump ordered the military to draw up new strike plans, with the “Mother of All Bombs” potentially targeting Iranian energy facilities. U.S. gasoline prices set a record in response.
Stock markets were hit just as hard: South Korea’s KOSPI and KOSDAQ both triggered circuit breakers—the first time since late July. Semiconductor stocks plunged 12% in a single day, while foreign investors in Taiwan recorded a record net sell-off of $9.3 billion in one day. U.S. August PPI surged to 6.3%, more than triple the Fed’s target. Expectations of rate hikes briefly pushed $BTC toward $81,000.
But crypto prices are recovering: $BTC is now trading at around $82,300 (24h +0.9%), while $ETH has climbed back above $2,440. The late-night highlight is on the regulatory front: The European Banking Authority has designated $USDC the EU’s first “significant” e-money token, marking further progress in stablecoin regulation.
With geopolitical tensions and inflation both weighing on markets, how far can this rebound go? Share your positions in the comments 👇
NFA | DYOR
#比特币 #加密货币 #地缘政治 #稳定币 #MarketRecap