GOLD

While Tesla shares, gold, and U.S. stock indexes declined on Monday, Bitcoin moved in the opposite direction — closing the week at an all-time high.

🔻 Tesla and Wall Street See Red, Tariff Update Triggers Sell-Off
Tesla shares opened the week with a red candle, dropping to $315.35, a modest 0.095% decline, mirroring a broader sell-off in U.S. equities and commodities. The trigger came from Washington: President Donald Trump announced that new tariffs will take effect on August 1, over a week earlier than markets expected.
The announcement, made over the weekend, immediately impacted U.S. stock futures:

🔹 Dow Jones fell 146 points (-0.32%)

🔹 S&P 500 futures dropped 0.39%

🔹 Nasdaq 100 futures slid 0.42%
Commerce Secretary Howard Lutnick confirmed the timeline, standing beside Trump as he told reporters, “Tariffs go into effect August 1. But the president is setting the rates and terms right now.” Trump nodded in agreement, crushing weekend market optimism.

💰 Bitcoin Surges to Historic Weekly Close
In sharp contrast to traditional assets, Bitcoin closed the week above $109,000, the highest weekly close in history. According to CoinGecko, nearly 50,000 BTC flowed into U.S. spot ETFs in June, signaling robust institutional demand.
Analysts say the flow-to-price model suggests the next major target is $117,000. This model has closely tracked price action in past cycles, especially during periods of aggressive ETF accumulation. Some call this the "whale game," where major buyers accumulate while retail investors watch from the sidelines.

🟡 Gold Slips, Silver Surprises with a 14-Year High
Gold, which gained nearly 2% last week, pulled back to $3,325 per ounce on Monday. Despite the drop, it's still up over 25% in 2025 and just $170 below its April all-time high.
Meanwhile, silver soared to $37.225, the highest level in nearly 14 years — a dramatic move in a market previously dominated by selling pressure.

📉 Tariff Confusion Disrupts Stocks and Currencies
On CNN’s State of the Union, Treasury Secretary Scott Bessent confirmed that unless a trade deal with the EU is reached, the tariffs from April would be reinstated on August 1.
This caught markets off guard — most investors expected the tariffs to resume this week. The original 90-day suspension of the “reciprocal” tariffs was set to expire Tuesday, with a deal deadline by Wednesday. Without agreement, tariffs up to 50% on EU goods are now expected.
Last week's stock rally was fueled by the belief that Trump wouldn't follow through with the most extreme tariff threats. That optimism just collapsed. Still, some traders believe U.S. companies may exceed earnings expectations if they prove resilient to tariff pressure.

💹 Currency Markets React Mildly, But Stay Alert
The forex reaction was more subdued:

🔹 U.S. dollar index slipped to 96.90

🔹 Chinese renminbi dropped to 7.1656

🔹 Japanese yen fell to 0.0069, with a slight upward tick

🔹 Euro, pound, and ruble hovered just below neutral levels

🧩 One-Minute Summary:
🔹 Tesla and U.S. indexes fall after Trump sets new tariff date — August 1

🔹 Bitcoin surges to all-time weekly close at $109,000, ETF inflows hit 50,000 BTC

🔹 Gold dips, silver jumps to highest level in 14 years

🔹 Market optimism shattered by early tariff enforcement

🔹 Currencies react cautiously as investors watch for trade deal signals

#stockmarket , #Tesla , #bitcoin , #GOLD , #WallStreetNews

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