#MarketRebound OVERVIEW OF THE FINANCIAL MARKET TODAY$BTC

1. Bitcoin continues to 'climb the mountain'

After reaching the level of 84,700 USD to 90,700 USD yesterday, Bitcoin did not stop but continued to break records today, surpassing the threshold of 94,000 USD/BTC at the end of the day. The excitement from investors is pushing this cryptocurrency closer to a new record high.

2. Gold fell sharply and then bounced back

In the global gold market, the spot gold price in the US closed sharply lower yesterday, losing 43.7 USD to 3,379.7 USD/ounce. Moving into this morning's trading session in Asia, the price continued to slide down to 3,300 USD, but then rebounded, closing the day at 3,330 USD/ounce.

3. The USD remains stable

The Dollar Index (DXY) has remained relatively stable today, fluctuating around 98.87 points, indicating that the forex market sentiment is temporarily calming down.

4. Crude oil prices rise sharply

The price of WTI crude oil in the US at the end of today's Asian session increased by 1.04 USD, equivalent to +1.63%, reaching 64.71 USD/barrel. Brent oil also performed well, increasing by 1.04 USD (+1.54%) to 68.36 USD/barrel.

WHY ARE FINANCIAL MARKETS RECOVERING?

The key reason is:

Bessent will be going to Japan in the near future to negotiate a NEW ECONOMIC AGREEMENT between the US and Japan.

Today, Washington has confirmed that **an agreement is almost