📰 This Week’s Market Focus

Markets enter a busy week with U.S. consumer confidence, new home sales, PCE inflation, Q2 GDP, sentiment data, and Nvidia’s earnings report in focus.

‱ Bitcoin holds near $77K after a 23% weekly surge, supported by spot ETF inflows, short covering, and dollar weakness. Market sentiment remains in “Greed.”

‱ The DXY has slipped toward 98.80 as Treasury buyback concerns weigh on the dollar, encouraging flows into Bitcoin and gold.

‱ Gold has climbed around 5% this week, benefiting from fiscal uncertainty and geopolitical tensions, despite overbought technical conditions.

‱ New Iran sanctions, threats to Gulf oil exports, and Canada’s upcoming retaliatory tariffs are adding to market uncertainty.

⚠ Volatility could increase across crypto and traditional markets as investors await key economic data and Nvidia’s results. #Trading #Market Rallies After Bitcoin ETF Approval#