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The weekend continued to be overshadowed by the shadow of war.

CN
Phyrex
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3 hours ago
AI summarizes in 5 seconds.

The weekend continues to be shrouded in the shadow of war, but according to Iran, the Strait of Hormuz is only blocked to enemies and their allies. Trump has also stated that multiple countries will join the United States in sending warships to ensure the Strait of Hormuz remains open. However, looking at the current situation of seafood in Hormuz, there are still a large number of ships in a congested state. If the flow is not smooth over the weekend, oil prices are expected to fluctuate again on Monday.

Recently, aside from oil prices and war, there hasn’t been much more important news. Even some macro data has diminished significantly under the current war situation. Moreover, Trump is awaiting many troubles after the war, like his trip to China at the end of the month, but the relationship between the U.S. and China is a bit delicate now. Additionally, Trump has to face tariff and compensation issues.

Looking back at Bitcoin's data, turnover rate and trading volume have significantly dropped over the weekend, mainly due to weekend liquidity issues. Today's slight fluctuation in the $BTC price is quite good already. What’s concerning is that Trump might stir up trouble over the weekend; cryptocurrencies have always been the unfortunate target. It’s already good to have made it through a weekend safely this time.


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Selected Articles by Phyrex

13 hours ago
Today, while looking at the data, I found that the negative correlation between the S&P 500 and US oil is still quite strong.
1 day ago
Still war
1 day ago
Bank of America analyst says Bitcoin is in oversold territory. Michael Hartnett warns that.
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