Bitcoin Breaks New ATH Again | Dow Rises 270 pts | Trump Threatens 50% Tariffs on Brazil ๐ง๐ท
Markets are heating up on all fronts โ Bitcoin just hit a fresh all-time high of $113,358.50 for the second straight day, up 3.65% in 24h and nearly +96% year-over-year.
The rally is fueled by:
Strong ETF demand
Rising institutional and corporate BTC holdings
A weaker U.S. dollar
Growing optimism around crypto regulation
Ethereum outperformed, rising 5.54%, and the total crypto market cap is now at $3.52 trillion, up 3.64% in a day.
๐ Traditional Markets Join the Rally
Despite growing geopolitical concerns, U.S. equities saw gains:
Dow Jones: +270 pts (+0.61%)
S&P 500: +0.28%
Nasdaq: Flat (-0.01%)
Traders appear bullish, but risks are growing.
โ ๏ธ Trump Targets Brazil with 50% Tariff Threat
Former President Trump is threatening massive tariffs on Brazil, citing political tensions over ex-President Bolsonaro. Brazil plans to retaliate.
This adds to a list of countries recently targeted by Trumpโs tariff threats:
Japan
South Korea
Philippines
Colombia
Trump is using tariffs as tools for foreign policy โ not just economics โ raising fears of renewed global trade wars.
๐ง Takeaway
Bitcoin is surging as a macro hedge.
Stocks are climbing but may face volatility if trade tensions escalate.
Altcoins are catching fire, riding Bitcoinโs momentum.
Are we in the early innings of a bigger bull run, or is macro tension the storm before the shakeout?
Drop your thoughts ๐