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GM degens! If you missed the past 24 hours in crypto and stocks, here's your full recap. I'm back in Belgium after a week vacation!
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin hits new all-time high of $112,000, fueled by ETF inflows and growing institutional demand. Total spot BTC ETF volume now exceeds $4 billion.
→ President Trump imposes sweeping tariffs, including 50% on copper and all imports from 🇧🇷 Brazil, plus new duties on 🇮🇶 Iraq (30%), 🇱🇾 Libya (30%), 🇧🇳 Brunei (25%), 🇩🇿 Algeria (30%), 🇲🇩 Moldova (25%), and 🇵🇭 Philippines (20%).
→ NVIDIA ($NVDA) becomes the first US company to reach a $4 trillion market cap and is set to launch a new AI chip “specifically for China”, according to FT.
→ OpenAI will launch an AI-powered web browser, aiming to rival Google Chrome, Reuters reports.
→ Linda Yaccarino steps down as CEO of X, as Elon Musk’s xAI officially rolls out Grok 4. YouTube megastar MrBeast offers to take over as CEO. 3 replies
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