➡️ Crypto Market
$BTC dumped again, sliding from $70K to around $66K. Middle East escalation + rising rate hike expectations delivered a double blow, down over 4% in 24h — bulls couldn’t hold.
$ETH followed BTC lower, trading near $1,992 with no independent momentum.
$SOL moved with the broader market — no notable catalysts.
Short-term rebound likely depends on tangible de-escalation signals. Otherwise, downside risk remains below $66K.
➡️ Global Equities
U.S. stocks sold off sharply: Nasdaq -2.15%, Dow -1.73%, S&P 500 -1.67%.
Middle East escalation crushed sentiment — investors once again paying the price 😭
➡️ Commodities
Gold resumed its uptrend, +1.88% as safe-haven demand returned.
Oil surged to around $114 after Iran reportedly moved to block the Strait of Hormuz, raising severe supply disruption risks.
➡️ Macro Dynamics
1️⃣ Iran’s Revolutionary Guard announced the Strait of Hormuz closure and strikes on Israeli bases and U.S. logistics targets; U.S. estimates conflict may last another 2–4 weeks.
Inflation pressure likely to persist.
2️⃣ Donald John Trump backs crypto: the U.S. will become a global Bitcoin superpower.
3️⃣ White House officials remain cautiously optimistic about latest talks with Iran.
4️⃣ Morgan Stanley officially enters the Bitcoin ETF race, filing for an ultra-low 14 bps fee — institutional competition intensifies.
5️⃣ Fannie Mae accepts crypto assets as mortgage down-payment collateral for the first time, with Coinbase involved — RWA adoption accelerates.
6️⃣ Intercontinental Exchange invests another $600M into Polymarket, bringing total exposure above $1.6B — prediction markets enter a new institutional cycle.
7️⃣ Clarity Act stablecoin bill deadlock intensifies; Senate draft excludes holding rewards. Circle stock previously fell 20%, USDC market cap once dropped 19% in a day — stablecoin sector facing regulatory reshaping.
