#BTC⚠️Bitcoin has surpassed $64,000, on course for weekly gains➕After a sharp rebound on Friday, it climbed back above $64,000 and returned to the path of weekly gains➕While investors put geopolitical concerns aside, a rise in tech stocks boosted risk appetite across global markets➕BTC is currently trading at $63,946
#JPY🇯🇵Japan'ın yen kazançını destekleyen çağrı➕Finance Minister Satsuki Katayama, Japan's pension funds to invest more domestically called for.➕After this call, the yen gained value➕The Japanese yen strengthened toward 161.68 against the dollar on Friday
#DXY🇺🇸On Friday, the US dollar index fell toward the 100.5 level, and as news that the US and Iran would continue peace talks despite recent tensions reduced demand for the safe haven asset, it kept its losses for a third consecutive session➕DXY is currently trading at $100.82
#GOLD⚠️Gold stabilized above $4,100 per ounce on Friday, and investors were preparing to close a volatile week with little change as they continued to assess developments in the Middle East and their potential impact on inflation and monetary policy➕According to news, despite the latest clashes that disrupted energy flows from the Strait of Hormuz and brought inflation concerns back to the agenda, the United States and Iran will continue peace talks.
#COPPER⚠️On Tuesday, copper futures rose to about $6.24 per pound, offsetting early-week losses, as investors’ appetite for risk assets increased—driven especially by a rebound in stocks related to semiconductors and artificial intelligence. ➕Market participants also overlooked the renewed clashes in the Middle East after news that the U.S. and Iran would continue peace talks aimed at finding a permanent solution to the conflict.
🔥BULL MARKET: BITCOIN REACHES HISTORY’S MOST OVERSOLD LEVEL AGAINST GOLD
Bitcoin is currently trading against gold at the most oversold level in recorded history, with the monthly chart slipping to the second most oversold reading in history.
When this indicator last flashed, BTC rose by approximately 660% over the following years. #Bitcoin #crypto #altcoin #btc #eth
Global markets are recovering with technology support
In global markets, investors' risk appetite increased led by technology stocks as geopolitical concerns originating from the Middle East eased partly and expectations regarding the semiconductor sector strengthened.
⚠️ Turkish natural gas prices fell by more than 6.20% on Thursday, dropping to $3.01 per MMBtu ➕Among the reasons for this decline are planned maintenance work at the Freeport LNG facility in Texas and a storage increase that was larger than expected.
☕️Due to uncertainty regarding Brazil's product expectations, with continued volatile trading, Arabica coffee futures rose by approximately 10.18%+ to $3.41 per pound➕Earlier this week, prices increased by about 16%, recording the largest rise since 2000
🇺🇸On Thursday, the yield on the US 10-year Treasury bond remained virtually unchanged at about 4.58% after rising by around 10 basis points to reach the highest level in about two months over the previous two sessions➕The escalation of tensions in the Middle East, along with reciprocal strikes between the US and Iran, triggered a sharp jump in oil prices➕These developments also heightened concerns about a new wave of inflation, strengthening expectations that the Fed may keep interest rates high for longer.
🚨Turning to War: After Iran’s attack on 170 Iranian targets by the U.S., Iran sent ballistic missiles to Kuwait, Bahrain, Qatar and Jordan. #forex #bitcoin #borsa