Bitcoin fell below $77,000 as US PPI inflation data hit 5.4% in August, exceeding expectations by 0.1%. The 30-year bond yield surged to 5.353%, highest since June 2007, while WTI crude oil crossed $100 per barrel amid Middle East tensions. $BZ $SAGA #USAugustPPIRisesLessThanExpected
Apple ($AAPL ) became a major market focus after Yahoo Finance reported that the company unveiled its foldable iPhone. Barron's framed the launch as the arrival of the long-awaited $2,000 iPhone Duo. The product appeared during a difficult tape in which higher oil prices and Treasury yields weighed on investor sentiment. Still, the official trending feed showed AAPL up 1.31% to $319.52. #AppleDebutsFoldablePhone
The 2-year yield hit 4.42%, its highest since January 2025.
The 5-year yield climbed to 4.59%, a 20-month HIGH.
With oil prices climbing, markets are rapidly pricing in another FED HIKE.
Odds of a 25-basis-point increase in September are around 60%, per Reuters.
The market risk is renewed inflation pressure and higher borrowing costs.
Strong earnings can support stocks, but rising yields could put pressure on valuations and crypto as investors price in tighter monetary policy. $PHA $GPS $IOST #USADPWeeklyEmploymentRises12000
Brent crude oil futures surged above $100 per barrel for the first time since July due to intensifying Middle East tensions, potentially impacting crypto markets through inflation expectations and Federal Reserve policy considerations. $CL #OilRisesToHighestSinceJuly
The recent bullish momentum in the crypto market is driven by a combination of macroeconomic shifts, regulatory updates, and institutional inflows.
Macroeconomic Factors :-
Lower Bond Yields: An expansion in U.S. Treasury long-end buybacks lowered government bond yields, which pushed investors toward riskier assets like Bitcoin.
Interest Rate Hopes: Hopes for potential Federal Reserve rate cuts or pauses in rate hikes if inflation cools have weakened the dollar and increased crypto demand.
Regulation and Policy : -
New SEC Framework: A new regulatory framework for digital assets introduced clearer guidelines, boosting market confidence.
Legislative Pressure: Increased push from the White House regarding crypto-related legislation like the CLARITY Act improved the overall sentiment.
Institutional Activity : -
Strong Inflows: Wall Street and institutional buyers continue channeling capital into digital assets, supporting prices despite short-term market corrections.
Short Liquidations: A wave of short position liquidations added sharp upward thrust to recent price rallies.
Financial Times reports Iran's central bank quietly easing forex controls, encouraging exporters to use USDT and Bitcoin for cross-border settlements amid US sanctions pressure.#USStrikesTargetsNearHormuzAndJask $VVV $LIT $USELESS
$ZEC Zcash hit a $19.5B market cap after surging over 2,200% year-over-year, entering crypto's top 10 and accounting for 62% of the privacy sector's total value.$VVV
⚖️ Can the CLARITY Act pass when the president himself has $1.4 BILLION at stake?
Trump earned $1.4 BILLION from crypto last year, more than his entire real estate empire, and is urging Congress to pass the bill before September 15.
Democrats say they'll block it unless it includes ethics rules targeting the president's own crypto holdings. $VVV $BTR $USELESS #USStocksCloseLowerIntelRises9%