📉 Markets Dive as Bitcoin Breaks Records
Tesla, S&P 500, and gold fell sharply while Bitcoin surged to its highest weekly close ever.
🔻 Tesla dipped to $315.35
🔻 S&P 500, Dow, and Nasdaq futures all dropped
🔻 Gold fell to $3,325, despite being +25% YTD
📈 Silver hit $37.22 – a 14-year high
💥 Bitcoin closed above $109K after 50,000 BTC flowed into US ETFs.
Next price target: $117K, driven by institutional buying and ETF accumulation.
🛑 The trigger: Trump delays tariffs to August 1, not July 9.
→ Market expectations shattered
→ Stocks reacted negatively
→ Safe-haven assets mixed
💬 Commerce Sec. Lutnick and Treasury Sec. Bessent confirmed tariff timelines.
If no EU deal, 50% tariffs could hit.
💱 Currencies:
USD Index: 96.90
CNY: 7.1656
JPY: 0.0069