GameStop continued its after-hours gains, briefly nearing $30, as improving risk appetite supported small caps, major U.S. indexes, and crypto. Markets are increasingly pricing in a possible Fed rate cut as early as September.
GameStop climbed further in after-hours trading, nearing $30, as risk appetite improved across markets. Rate-cut expectations, small-cap strength, and record U.S. indices also supported sentiment toward crypto assets.
Cryptocurrency market sees strongest rally in months after US-Iran direct talks. Bitcoin breaks $71K, Ethereum up 5%, total market cap adds $85B. Oil plunges 14%, gold extends decline. Institutional moves and regulatory clarity boost sentiment.
Ethereum jumped 8% to $2,370 on Iran peace signals, with Bitcoin touching $74,900 and total market cap near $2.6T. ETF outflows contrast with on-chain conviction; analysts say sustainability hinges on Iran diplomacy, CLARITY Act progress, and Bitcoin above $74K.
Ethereum jumped 8% to $2,370 amid Iran peace talk signals, with Bitcoin nearing $74,900 and total crypto market cap approaching $2.6 trillion. The rally hinges on Iran diplomacy and CLARITY Act progress.
Bitcoin surged to $76,120 amid improving risk sentiment tied to possible U.S.-Iran talks, lifting its market cap to $1.52 trillion. The move triggered nearly $293 million in Bitcoin liquidations and about $700 million across the broader crypto market.
The dollar index is heading for its biggest monthly drop since June 2025 as U.S.-Iran ceasefire hopes reduce safe-haven demand. Analysts see a weaker dollar as bullish for Bitcoin and risk assets, though oil and Fed rate hike bets limit the downside.
MSTX and MSTU, leveraged ETFs tied to MicroStrategy, have surged to $357.6M and $80M in AUM, respectively. Analysts warn of extreme volatility, but inflows continue as investors seek amplified Bitcoin exposure through the stock.
