US stocks are doing well due to a flurry of earnings reports. Tech stocks are strong but Bitcoin doesn’t care. There are concerns that BTC will suffer greater losses if the stock market pulls back when the earnings report week ends. So what’s the latest situation in the markets?
US Markets and Crypto
Gains in stocks did not benefit Bitcoin. Despite the strength of technology stocks, BTC, which has fallen amid the AI bubble discussions, remains unresponsive when the opposite happens. Volumes weakened and investors were disappointed by returning empty-handed from the $98,000 resistance after nearly 3 months of dull weather.
Gold is on its eighth day of gains and silver has reached historic highs. Investors who are suspicious of Japan’s intervention in the Yen are ready for an increase in volatility. Trump was speaking at the time of writing and said, “The great fleet is going to Iran, I hope we don’t have to use it.”
Fueling the tension, Trump also increased taxes on South Korea tonight. trump to cryptocurrencies It’s not feeling good these days.
The expectation for the Federal Reserve meeting on Wednesday has become largely clear. The only uncertainty is Powell’s tone and emphasis, and we will see that tomorrow night.
Important Developments
at 18:00 CB Consumer Confidence The data will come and we will see the sensitivity. Earnings reports from major U.S. companies will be coming in throughout the day and continue through the rest of this week. Trump’s statements will be made at 00:00 at night. Bank of Japan meeting minutes will be published at 02:50. We may see an announcement about the Yen intervention today. In addition, if we see signs in the minutes that interest rates may be increased further, crypto may be painted red again at the Asian market opening.
No major improvements for the rest of the day. Just after midnight Trump’s The statements and the news from Japan remind investors once again that stop points should be set at the right levels.
If there are important details in Trump’s ongoing statements at the time of writing, we will share them at the last minute. BTC It is just below $88,000 and ETH is struggling to protect $2,900. An announcement is made about how to trade gold on the Coinbase platform, which is overwhelmed by the lack of volume. cryptocurrencies These are difficult days for you.
