Themes 2 briefs
Crypto & bitcoin
Bitcoin, ether and the digital-asset bid, decoded alongside the rest of the tape.
Saturday, July 4, 2026
US markets were closed for Independence Day (4 July, a Saturday) - but the markets that never shut kept moving. Over the long weekend GOLD pushed to a new high near $4,176 and silver to ~$62, bitcoin climbed toward $63,000, and the dollar stayed soft (~100.9) - the same hard-asset and de-dollarisation bid that defined the week, running on without a Wall Street session. Equities last closed Thursday; the global AI-'bubble' debate carried on.
Long-weekend edition · 2026-07-04 - US markets closed for Independence Day (equities & yields = Thu 2 Jul close)
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Fed Chair Warsh said inflation risks have DIPPED - and the FX/crypto tape read a green light: the dollar fell ~0.7% to 100.7, the yen recovered off its ~40-yr low (162.5->161.0), and bitcoin retook $60,000. But the bounce lands in exactly the assets that had a brutal H1: gold's worst quarter in 13 years, Citi cutting BTC/ETH targets as ETF flows dry up. A relief, not yet a trend.
Wednesday 2026-07-02 - markets as of the 2 July session
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