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Gold steadies on Iran diplomacy hopes, Fed outlook caps upside
Bitcoin miners' shift to AI infrastructure highlights a strategic pivot towards more lucrative sectors, reflecting broader tech industry trends. Bitcoin miners valued as AI infrastructure play as AI-focused stocks surge 21% year-to-date.
Bitcoin is on track to post its second-best Q3 performance since 2017.
Global biofuels output is expected to surge nearly 70% by 2030 from 2025 levels as major producing countries push ahead with raising blending mandates in response to the energy crisis triggered by the Iran war, a study published on Tuesday found.
Custom AI chips are poised to outship GPUs by 2027, driving a secular shift benefiting mega-cap tech and select semiconductor players. Broadcom and Marvell are key beneficiaries, but their elevated valuations prompt a more balanced ETF approach.
The 24 September Trump–Xi meeting could set the next direction for global risk sentiment as markets await an extension of the US–China trade truce, targeted tariff cuts and agricultural purchases. This trading playbook highlights five assets most exposed to the outcome: USD/CNH, Hang Seng Tech, AUD/USD, the Nasdaq 100, and Singapore's STI, and explains how traders can position for a deal, disappointment, or a sell-the-fact reversal.
Spot bitcoin ETFs took in $998.95M on Monday, the largest single-day inflow in 11 months. BlackRock's IBIT led with $381.4M as bitcoin briefly cleared $87,000.
Bitcoin traded near $86,000 as WTI crude dropped below $90 and strong stock markets supported risk appetite.
Bitcoin's break above $86,000 has cleared a major pocket of bearish leverage and put $90,000 back in traders' sights. The largest cryptocurrency climbed as high as $87,363 over the past 24 hours, its strongest level since January, before easing to $85,824 at press time, CryptoSlate data show.
XRP price has jumped 3.80% to $1.53 in the past 24 hours, beating the overall crypto market. Following this jump, veteran trader Peter Brandt shared a long-term chart pointing to a possible 260% to $5.40 price target. But before that target comes into play, the token faces a much closer test around $1.60.
Record Inflows: US spot Bitcoin ETFs attracted $998.9 million on Monday, marking the biggest daily inflow of 2026 and the strongest performance since October 2025. Fund Leaders: BlackRock's IBIT led with about $381 million, followed by ARKB at $289 million and Fidelity's FBTC at roughly $239 million.
The Nasdaq closes at a record high, driven by the AI trade as Meta posts its best day since April 2025. JP Morgan boss Jamie Dimon discusses the technology's potential impact on inflation.
An exchange-traded fund that is rebalanced quarterly is doing a better job of keeping up with the artificial-intelligence trade than the broader index.
Veteran trader and market technician Peter Brandt has projected that XRP could eventually reach $5.4, representing an increase of roughly 260% from its current price of around $1.5.
Novo CEO Mike Doustdar tells CNBC the drugmaker is mulling M&A opportunities amid increasing competition, and details how the company's units in China and North America are performing.
