US stocks erased steep early losses but still ended lower as escalating tensions rattled investors. Energy and defence shares surged on oil supply fears, while airlines slumped amid Middle East route disruptions. Treasury yields jumped to 4.05%, with traders now firmly expecting the first Fed rate cut in September.
The Stoxx Europe 600 fell 1.6% — its worst drop since November — despite gains in energy stocks like Shell and TotalEnergies. Travel and auto stocks were hit hardest, while the FTSE 100 outperformed slightly due to its defensive and energy exposure.
Oil spiked sharply (WTI +7.5%, Brent +8.3%) on Strait of Hormuz supply fears, gold rose further on safe-haven demand, and iron ore edged higher. The euro and yen weakened against the US dollar, while bitcoin and ethereum posted strong gains.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$458.2M
-1763.1%
$458.2M
$88.3B
$5.8B
ETH ETFs
$38.7M
-190.0%
$38.7M
$11.7B
$1.6B
SOL ETFs
$17.4M
+1232.7%
$17.4M
$826.6M
$67.8M
US BTC Spot ETF Flows
US ETH Spot ETF Flows
US SOL Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$315.24M
-
$-10.87M (-3.33%)
Shorts
$195.53M
62.0%
$+88.99M (+83.52%)
Longs
$119.70M
38.0%
$-99.86M (-45.48%)
BTC
$137.56M
43.6%
$-28.45M (-17.14%)
ETH
$85.37M
27.1%
$+6.36M (+8.05%)
Michael Saylor's Strategy buys 3,015 Bitcoin for $204 million at $67,700 per Bitcoin in its 101st purchase, increasing total holdings to 720,737 BTC.
ProCap boosts Bitcoin holdings to 5,457 BTC and repurchases 782,000 shares below NAV to narrow the discount between market price and asset value.
Bitfinex Securities will resume issuing USDt-denominated, 11-month tokenized bonds for Luxembourg’s ALTERNATIVE securitization fund on the Liquid Network—after four prior sales totaling $6.2 million and over $1.1 million in onchain coupons—as U.S. debate intensifies over stablecoin yield rules under the GENIUS Act and proposed CLARITY Act.
Bitcoin futures demand falls to 2024 lows, with month-over-month open interest declining, according to BTC options markets data, potentially indicating reduced institutional investor activity.
A Manhattan federal judge dismissed with prejudice a class action against Uniswap Labs and founder Hayden Adams, ruling they cannot be held liable for alleged “rug pulls” by third-party token issuers because merely providing an open-source trading platform does not amount to knowingly assisting fraud.
Nasdaq has submitted plans to introduce prediction market-style options tied to the Nasdaq-100. The proposed products would let traders take binary positions on the performance of companies such as Nvidia, Apple, Alphabet, and Tesla. These contracts would be limited to events linked to the Nasdaq-100 and the Nasdaq-100 Micro indexes, and would not extend to outcomes involving sports, cultural, or political events.