➡️ Crypto Market
$BTC surged straight to 73,000 after the CPI release and is now hovering around 72,900. The combination of the ceasefire news and slightly lower-than-expected inflation has helped bulls regain footing for now, but liquidity is dense above 74,000 — whether it can hold will depend on the next few days.
$ETH followed BTC back to around 2,240. A whale went 20x leveraged long on 50,000 ETH and is sitting on an unrealized profit of $11.29 million — bold move.
$SOL has surprisingly caught up in gains, and the “lower market cap” narrative is starting to gain capital recognition.
In the past 24 hours, $187 million in liquidations occurred across the network, with $124 million from shorts — bears got squeezed again.
➡️ Global Equities
1) U.S. stocks diverged: the Dow fell 0.56% to 47,916, the Nasdaq rose 0.35% to 22,902, and the S&P was nearly flat, down 0.11%.
2) CoreWeave plunged 11%. Despite securing an Anthropic compute contract, the market didn’t buy the story.
➡️ Commodities
Gold briefly broke above $4,850 intraday before giving back gains, closing up 0.29% at $4,719/oz — safe-haven sentiment hasn’t fully faded.
Silver rose 1.5% to $74.09/oz.
➡️ Macro Developments
3)U.S. March CPI rose 3.3% YoY, slightly below expectations. However, energy prices jumped 10.9%, and gasoline surged 21.2% MoM — the biggest increase since 1967.Oil remains a looming risk.
4)The Fed’s March minutes signaled a hawkish tone, with more officials mentioning the possibility of rate hikes. The ceasefire complicates the Fed’s decision-making, and near-term rate cuts are basically off the table.
5)U.S.-Iran talks entered the Islamabad window, but the ceasefire remains fragile. Iran’s parliament said three items of the “Ten-Point Plan” were violated, while Israel is also escalating.Trump even proposed joint U.S.-Iran management of the Strait of Hormuz — quite an imaginative suggestion.
➡️ Industry News
6)Strategy kept buying — acquired another 3,468 $BTC via STRC today. Saylor said Bitcoin may have bottomed.
7)Morgan Stanley’s Bitcoin ETF launched, seeing about $34 million in net inflows on day one (roughly 430 BTC purchased) with a 0.14% fee — TradFi adoption is accelerating.
8)$TAO plunged nearly 19% in a single day. Core ecosystem contributor Covenant AI exited BitTensor and accused the founder of “centralized control,” sparking unexpected infighting in the AI sector.
9)WLFI was exposed for high levels of self-lending via affiliated protocols, borrowing tens of millions of dollars — raising conflict-of-interest concerns.The Trump family project is increasingly looking like circular financing.
10)Circle launched the CPN stablecoin payment network; cumulative CCTP transfers exceeded $110 billion. However, Compass Point downgraded the stock to “Sell,” citing growth driven mainly by low-margin channels.
11)$WLD announced that starting July 24, daily unlocks will drop 43%, from 5.1 million to 2.9 million tokens — sell pressure may finally slow down.
