Bitcoin moved away from $74,000 and continues to find buyers above $78,000. cryptocurrencies relatively good for today. So what is the latest situation in the US stock markets? Are artificial intelligence bubble discussions continuing? We will cover gold, silver and many other important issues.
US Markets, Gold, Silver
Microsoft’s earnings report had sent nervous investors into quick sales, but the mood is changing for now. The announcement that major technology companies will spend more on artificial intelligence infrastructure has blocked the AI bubble discussions. Meta announced a target of investing $135 billion this year, well above expectations. Although Microsoft retreated after signaling higher capital spending and slower cloud growth, overall sentiment is recovering.
S&P 500 futures rose 0.3%, while Asian and European stocks were recovering. The dollar started to weaken again. This situation pushes gold and silver to the top again. While central banks are looking for policy easing opportunities, investors are cautious due to the risk that the increase in commodity prices could increase inflation pressures.
Risk appetite is expected to revive in an environment where Nvidia, Microsoft and Amazon are discussing making commitments of up to $60 billion to OpenAI. We will follow how the negotiations between Iran and the USA are progressing. Trump has been referring to the negotiations for days and saying “we will use force if necessary.”
Cryptocurrencies and Calendar
this week US employment data was coming but due to partial government shutdown JOLTS He will not arrive at 18:00 today. Figures such as unemployment and non-agricultural employment are not expected to be published on Friday, meaning there are no important economic indicators today. The Fed’s Barkin spoke about the US economy at the SC First Steps Pastides Alumni Center.
at 17:40 from the fed Bowman will participate in a moderated discussion at the WSJ Live event in West Palm Beach, Florida. At 19:00, Trump will meet with the President of Colombia and attend the signing ceremony at 22:00.
The recovery in US stock markets could help Bitcoin maintain $78,000. In this process, altcoins will also try to recover from the bottoms they reached as a result of excessive sales. However, it should not be forgotten that as long as Trump is around, a new last-minute development can turn everything upside down at any moment.
