Quick Market Update

Overnight, $BTC broke above $79k before pulling back to $77k as Democrats rejected the Republican-proposed Clarity Act and introduced their own bill. The odds of the Clarity Act passing in 2026 have dropped to just 15%.

Bloomberg bear Mike McGlone is back, predicting BTC could sink to $10k if the Fed hikes rates and triggers a stock market correction.

Brent crude hit $107, while US jet fuel surged 61% over 10 weeks to $4.35 per gallon.

Trump's announcement yesterday of an energy truce between Ukraine and Russia turned out to be just a proposal for consideration, while Iran denied Donald's claims about their willingness to make a deal.

Kalshi now puts the odds of Democrats winning the Senate at 51%, which would mean full control of Congress.

Trump responded by reiterating his promise to give every adult American $5k if Republicans win the election.

#BTC Price Analysis# #Macro Insights#