🚨 NEXT WEEK COULD BE BRUTAL FOR THE U.S. STOCK MARKET
Wall Street is already under pressure from rising inflation, surging bond yields, and growing concerns about the AI debt boom.
And several major events next week could trigger even more volatility.
MONDAY: U.S. markets reopen amid rumors of a major collapse at an AI fund, although no collapse has been confirmed.
TUESDAY: ADP employment data and U.S. housing data. Weak numbers could fuel fears of an economic slowdown like the one in 2007–08.
WEDNESDAY: U.S. oil inventory data and a $13 BILLION 20-year Treasury bond auction. Weak bond demand could push yields even higher, while low inventory figures could send oil prices soaring, worsening the inflation situation.
THURSDAY: U.S. jobless claims and mortgage rates. Further signs of weakness could increase recession concerns.
FRIDAY: S&P Global Manufacturing and Services PMI. This will show whether business activity is slowing while inflationary pressures remain high and bond yields reach multi-decade highs.
And all of this is happening one week before the Fed meeting on October 27–28.
With inflation rising, bond yields above 5%, and AI stocks already under pressure, next week could bring another major market sell-off. $BTC $BNB $SHIB
🇻🇪 The BCV dollar stands at US$ Bs.881,06. USDT exchange-rate gap ♻️ BCV 13,5% 🔻 #Bitcoin US$81.000 🔻 #Ethereum US$2.400 🔻 #BNB US$720 🔻. $ is up by 0,95 Bs.
🩸BLOODBATH IN THE U.S. STOCK MARKET $1,000,000,000,000 has been wiped from the U.S. stock market in the last 3.5 hours as the Nasdaq plunges 2%. It's starting.
🚨 A FIRST FOR VENEZUELA: Binance now lets users deposit bolívares directly via Pago Móvil.
Without having to go through a third party on P2P. What does this mean in practice?
Let me explain
👇🏻 🔹 0% deposit fee (processed through Casa de Cambios Insular, regulated by Sudeban/BCV).
🔹 Convert your bolívares directly to $USDT or $USDC in minutes.
🔹 Withdrawals to bank accounts coming soon (0.3% fee).
What does this really mean for everyday Venezuelans?
1️⃣ Less friction and fewer scams: The risks of P2P are reduced (triangulation scams, frozen accounts, confirmation delays with strangers). Send a Pago Móvil payment directly, and you’re done.
2️⃣ Immediate protection against devaluation: Anyone who gets paid in bolívares (salary, freelance work, business income) no longer has to wait or jump through hoops to move into digital dollars instantly.
3️⃣ Mass, irreversible adoption: This is the definitive bridge between traditional Venezuelan banking and the crypto economy. USDT is no longer a niche alternative and is becoming established as a savings currency for everyday use.
Digital money is no longer Venezuela’s future; it’s the present. 🇻🇪⚡
🇺🇸 The U.S. PPI just came out, and it was much worse than expected.
The PPI surged to 6.3%, its highest level since December 2022.
Yesterday, both the CPI and core CPI came in higher than expected, and now PPI inflation is surging too.
At the same time, the economy has started to slow down as the labor market deteriorates.
Tomorrow, Kevin Warsh is also scheduled to speak, and he’ll be in a tough spot.
The reason is that Kevin has committed to bringing inflation down to 2%, which isn’t possible without significant rate hikes.
But if the Fed raises rates in an economy that’s already weakening, it will make things worse for consumers and could even push the economy into a recession. $BTC $ETH $BNB
📉 #Bitcoin❗ fell 2% in 7 days. Rising inflation is putting downward pressure on prices. Some warn of drops below USD 80,000, while others believe a rebound is coming.$BTC
The BCV dollar stands at US$ Bs.879,12 ⏫️ USDT exchange rate gap ♻️ BCV 15,2% 🔻 #Bitcoin US$81.000 🔻 #Ethereum US$2.400 🔻 #BNB US$730 🔻. $ is up by 1,22 Bs.