Hey, here’s the real story for today.
Despite new tariffs looming, tech stocks and Asian markets are rallying, crypto is seeing renewed inflows, and Ethereum is surging. Let’s unpack the momentum.
Tech-Demand Defies Tariff Threats
U.S. indices look steady as a 100% tariff threat looms, thanks to an olive branch: exemptions for firms with strong U.S. investments. Apple jumped 5%, and chipmakers like TSMC, Samsung, and SK Hynix rallied on that lifeline. Futures are holding firm into earnings season.
Asia Takes the Lead
Equities across Asia are outperforming. Japan’s Nikkei and Topix hit new highs, Taiwan soared on tech optimism, South Korea and China showed gains, all despite tariff headlines. Geopolitical easing, including chatter about a potential Trump–Putin meeting, is helping restore confidence.
Crypto Flows Heat Up
Ethereum is trading above $3,700, driven by rising staking demand and on-chain activity. Binance saw a surge in altcoin inflows, multi-month highs. BlackRock also made big moves, shifting $372 million worth of ETH (and $292 million in BTC) into custody at Coinbase Prime. Sentiment is swinging bullish again.
Final Word
Markets are dancing between risk and reward, ignoring the tariff buzz, piling into tech, and letting crypto’s quiet rebound steal the spotlight. If momentum holds into earnings, today might just be the roar before the next rule-change.