Cryptofications

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.71T, up by 0.96% over the last 24 hours,Bitcoin (BTC) traded between $80,528 and $81,986 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $81,531, up by 0.32%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include IO, ZEC, and STORJ, up by 51%, 37%, and 31%, respectively.Iran Agrees to Halt Nuclear Enrichment and Reopen Hormuz — Oil Falls 6% to $95 as Bitcoin Swings Between $82,000 and $81,500A landmark breakthrough in US-Iran negotiations has removed the conflict's most significant market headwind, with WTI crude falling sharply and Bitcoin holding gains above $82,000 as ETF inflows reach $999M over two days and cumulative AUM hits a 2026 high of $109B.The Fed remains on hold — April's ADP payrolls beat at 109,000 pushed June cut odds to 96% — but a sustained Hormuz reopening would significantly shift the inflation outlook. Friday's official payrolls print is the week's final and most consequential data point.U.S. ADP Payrolls Beat Expectations at 109,000 in April, Pushing Fed June Hold Probability to 96%Key Takeaways:US private sector employment rose 109,000 in April per ADP — beating the 99,000 consensus and the largest monthly increase since January 2024CME FedWatch now shows a 96% probability of the Fed holding in June — up from 93.9% pre-release — with just a 4% chance of a cutADP describes the current labor market as "low hiring, low layoffs" — a stable equilibrium that gives the Fed no cover to easeThe beat arrives ahead of Friday's official NFP print where consensus sits at just 73,000 — a significant miss could reopen the June cut debate