➡️ Crypto Market
Bitcoin ($ BTC) has surpassed the $74,000 mark, rising over 4% in 24 hours, from around $71,000 to approximately $74,200. This development is quite similar to the rally around the same time last year, when the market rebounded after a period of volatility. Several signals suggest that a short-term Dip may have formed.
Ethereum ($ETH) surged, approaching the $2,360 mark with a gain of over 7%. This superior upward momentum compared to Bitcoin suggests that money is flowing back into the major altcoin group.
Solana ($ SOL) also recovered to around $80, but the increase wasn't significant and remained outside the market's focus.
Notably, inflows into these funds have turned positive for the first time since January. In the short term, Bitcoin's $80,000 mark is XEM as the next level to watch.
➡️ Global Stocks
The US stock market surged last weekend, driven by optimistic sentiment following signs of easing tensions in the Middle East.
- Dow Jones rose +2.85%
- S&P 500 rose +2.5%
- Nasdaq rose +2.8%
Intel shares surged about 11%, leading the gainers. Conversely, Tesla bucked the trend, declining slightly by about 1%.
In Asia, markets opened positively: Japan and South Korea both rose, with the KOSPI increasing by approximately 2.5%.
Conversely, European stocks fell as expectations of a peace deal with Iran weakened.
Morgan Stanley believes the market is in a bottoming- Dip phase, following the previous correction.
Goods
Gold prices adjusted slightly to around $4,720 per ounce, down about 0.6%, as safe-haven sentiment fluctuated following developments in US-Iran negotiations. With expectations for peace talks constantly changing, the flow of money into gold also became unstable.
Silver held steady around $74 per ounce, showing little change compared to gold.
The oil market reacted more strongly. WTI oil plummeted by about 15% to nearly $93 following the ceasefire announcement. However, the decline was short-lived as geopolitical risks returned.
Currently, oil prices are constantly fluctuating within a wide range due to:
- The possibility of resuming US-Iran negotiations.
- Risk of supply disruptions in the Middle East
- Market sentiment changes rapidly in response to news.
In summary: commodity markets are highly sensitive to geopolitical news , especially developments surrounding the US-Iran relationship.
➡️ Macroeconomic developments
1. The US and Iran are reportedly moving toward a longer-term agreement, with a second round of talks possible as early as this week. However, information from both sides is inconsistent: Pakistan maintains the ceasefire, while the Israeli Prime Minister warns the agreement could soon end — each side offering a different perspective on the situation.
2. Donald Trump drew attention: he declared the Iranian navy "completely destroyed," but at the same time proposed a model of US-Iran cooperation to jointly operate the Strait of Hormuz. This move raises the question: how can tensions be escalated while peace negotiations are still underway?
3. The minutes of the Federal Reserve 's March meeting show that more and more officials are considering the possibility of raising interest rates. With the ceasefire making the situation even more unpredictable, the Fed's job is becoming increasingly complicated — analysts from CryptoQuant warn that if the conflict drags on and pushes inflation higher, the Fed may have no choice but to raise interest rates.
4. Strategy spent approximately $1 billion last week to buy an additional 13,927 BTC. Michael Saylor believes Bitcoin may have bottomed Dip. While many are still waiting for him to "take a big risk," he continues to accumulate relentlessly.
5. Morgan Stanley 's first bank-backed Bitcoin spot ETF (MSBT) has officially launched, recording a net inflow of $34 million on its first day, with a very low fee of approximately 0.14%.
6. The Hyperbridge contract was exploited; hackers created 100 million fake tokens and sold them off, but only managed to withdraw about $237,000 . Polkadot 's main chain was unaffected.
Regarding the Drift case, Circle 's CEO stated that they faced a "moral dilemma" in refusing to freeze the stolen $232 million USDC — further escalating tensions between regulators and the company.
7. Justin Sun accused WLFI of installing a "backdoor" in its smart contract, causing his Token wallet to be blacklisted and frozen. Following the controversy surrounding its self-lending operations, the project linked to the Trump family continues to be embroiled in new scandals, making things even more confusing.
8. Former Chairman of the Commodity Futures Trading Commission J. Christopher Giancarlo has left the law firm to focus entirely on crypto and AI.
Meanwhile, Ondo Finance has filed a “no-action” application with the US Securities and Exchange Commission to promote the listing of real assets (RWA) on the blockchain.
9. $RAVE surged 36 times in just 3 days, surpassing $2.4 billion in market Capital . Meanwhile, $GENIUS listed on Binance Alpha and increased 248% on its first day of trading — the wave of on-chain speculation is returning, with volatile and unpredictable price increases.
