🚨 Bitcoin briefly surged to $64,500 before geopolitical tensions erased part of the gains.
On July 29, $BTC climbed to $64,500 before pulling back around 0.6% as fresh reports of conflict in the Middle East weighed on market sentiment.
At the same time:
🛢️ Crude oil surged above $90 per barrel, increasing fears of inflation and broader market uncertainty.
📉 According to Coinglass, nearly $310 million was liquidated across the crypto market as volatility spiked.
Now, all eyes are on the ...
BREAKING: BlackRock’s $47 billion iShares Semiconductor ETF ($SOXX.ETF ) is on track for its worst month since September 2001, down more than 26% in July amid profit-taking, concerns over circular AI financing, rising debt from heavy AI spending, and intensifying competition from China.
The sharp selloff in Micron (MU), Intel (INTC), Applied Materials (AMAT), KLA Corporation (KLAC) and other heavyweight semiconductor stocks is dragging down the semiconductor index, as they are among the ETF’s ...