Forex Tuesday with Tim Pesut

Núria Foj Alvira

Oil was crushed and more market instability is spreading. Master Trader Tim Pesut joins Merlin to talk about some pressing issues facing global currencies. Including: The US Dollar, the Euro, Putin, China, Oil and much more!

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Núria Foj Alvira

Crypto liquidations near $2 billion as US Treasury debt buyback sparks short squeeze

The cryptocurrency market has seen nearly $2 billion in liquidations over the past 24 hours, its largest since February 5. Short liquidations accounted for $1.75 billion, their largest since the October 10 leverage flush, and represented the first major short squeeze in a long while.

Crypto Overview: Bitcoin eyes $70,000 on US Treasury bond buybacks – ETH, HYPE, TRUMP lead gains

The broader cryptocurrency market is regaining strength, pointing toward a renewed bull run. The US Treasury Department announced on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs.

Ripple and Stellar outlook: Extend gains as expanded US Treasury buybacks trigger crypto short squeeze

XRP and Stellar extend their rallies on Thursday as improving liquidity conditions fuel a broader surge across the cryptocurrency market. XRP trades above $1.08, while XLM approaches the key $0.177 resistance level following surges of more than 10% and 9%, respectively, the previous day.

Bitcoin slips toward key 50-day EMA ahead of FOMC Minutes

Bitcoin (BTC) edges lower toward the 50-day Exponential Moving Average (EMA) around $64,370 at the time of writing on Wednesday after posting a 2.9% gain over the previous two days.

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.