Analysis

Bitcoin has surpassed silver with a market cap of $1.756 trillion, securing its position as the world’s 8th largest asset, according to Companies Market Cap. The flip happened at least once this year, driven by continued positive sentiment around the spot exchange-traded funds (ETFs) in March.

Over the past year, artificial intelligence (AI) has captivated companies and investors, showing the potential to drive the next wave of economic growth.

The GBP/USD pair extends its downside to near 1.2840 on Tuesday during the early European session. The Greenback remains firm as Trump trades continue to rally. Investors will closely monitor the UK employment data, which is due later on Tuesday.

Silver price drops over 1.80% on Monday trading late in the New York session, trading below the $31.00 a troy ounce, amid worries about Trump’s second term could escalate a trade war.

Polymarket has a hot new pair – the bet on whether BTC reaches $100K.

Traders brace for the US CPI inflation data, which is due on Wednesday. 

An analyst has pointed out a historical Dogecoin pattern that could suggest DOGE might see a bull run to as high as $23 this time around.

U.S. equities were higher at the close on Monday, as gains in the Consumer Goods, Financials and Industrials sectors propelled shares higher.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Tuesday.

Ethereum price started a fresh increase above the $2,750 resistance like Bitcoin. ETH was able to climb above the $2,880 and $3,000 resistance levels to move further into a positive zone.

Costco Wholesale (NASDAQ: COST) and Home Depot (NYSE: HD) are two of the largest retailers on the planet. Since their respective initial public offerings in the 1980s, they have done a great job rewarding their shareholders, compounding capital over the very long term.

The Pound Sterling (GBP) exhibits a mixed performance against its major peers on Monday, in a calm start of the week as investors keep their powder dry ahead of the United Kingdom (UK) labor market data for the three months ending September, which will be released on Tuesday.

The Nasdaq-100 tracks the performance of the 100 largest non-financial companies listed on the Nasdaq Stock Exchange. Component weighting is adjusted quarterly in March, June, and September, and the entire index is reconstituted annually in December.

A quick take on global FX markets this Monday morning sees the US Dollar (USD) largely holding onto gains made on the back of the likely Republican clean sweep, while China's fiscal stimulus has so far failed to move the needle on recovery prospects elsewhere in the world.

XRP price remained supported above the $0.5250 level. It formed a base and started a fresh increase above $0.5550, but gains were limited compared to Bitcoin and Ethereum. There was a move above the $0.5850 and $0.6000 resistance levels.

Like Bezos, Gates no longer runs the company he helped found but is still Microsoft's chairman of the board. Microsoft is investing in nuclear energy through a deal with Constellation Energy to reboot the Three Mile Island nuclear plant.

TradingKey – This week, the U.S. will release October CPI data, with inflation expected to face challenges in easing further.

GBP/JPY breaks its two days of losses, trading around 197.90 during the European session on Monday.

West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive day, trading around $69.90 per barrel during the Asian hours on Monday.

The CEO of Apple, Tim Cook, told DealBook’s Sorkin that he had been holding Bitcoin for about three years.