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Daily Market Summary with JrKripto July 8, 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin maintained its strong volume structure since last week and ended Sunday steadily around $109,200. The $108,900 level stands out as a key resistance threshold. As long as the price holds above this level, it will aim to surpass the $110,600 peak. However, as seen yesterday, Bitcoin failed to stay above the $108,900 resistance and pulled back to the $107,300 support level. For now, it seems to have found support in this zone. If this support is lost, the price could decline first to $106,300 and then to the $104,900 support. On the upside, if the $111,920 peak is broken, the next targets following a new ATH would be $114,000 and $120,000.Ethereum mirrored Bitcoin’s trend, closing last week with rising volume. From a broader perspective, ETH continues to trade within a range. The $2,465 level plays a pivotal role here. Following last week’s notable price increase, it is a positive sign that ETH is holding above this level. In the short term, it is trading within a critical zone. The $2,595–$2,550 range forms a wide resistance area. The $2,600 target we previously highlighted has been reached. Should ETH break above this resistance, the price may rise toward the $2,700 region.Crypto NewsWhite House Official: Tariffs will not increase.TON Foundation Seeks New Vice President of Marketing After Reactions from "Fake" Partnerships.SEC Accepts Truth Spot Bitcoin and Ethereum ETF Application.SEC Postpones Fidelity Spot SOL ETF Application.Leavitt: Trump will sign a presidential decree postponing the July tariff deadline to August 1.Spain's second-largest bank, BBVA, has launched a Bitcoin and Ethereum trading and custody service via its mobile app.CryptocurrenciesTop Gainers:M → Increased by 89.8% to $0.18881367HNT → Increased by 5.2% to $2.41GLM → Increased by 3.5% to $0.23439222MOCA → Increased by 3.4% to $0.07157369BONK → Increased by 3.3% to $0.00002287Top Losers:USELESS → Declined by 13.4% to $0.242857B → Declined by 11.3% to $0.35661965PLUME → Declined by 10.7% to $0.10422101SPX → Declined by 8.2% to $1.23SYRUP → Declined by 7.6%, it fell to $0.51531127Fear Index:Bitcoin: 68 (Greed)Ethereum: 50 (Neutral)Dominance:Bitcoin: 65.31% ▲ 0.04%Ethereum: 9.30% ▼ 0.08%Global MarketsThe US announced that it has imposed new customs duties of 25–40% on 14 countries. These rates will be effective as of August 1. The decision was made in addition to the previously announced sectoral taxes. In addition, the tariff postponement period, which was due to end on July 9, was extended to August 1.Although increasing uncertainty increased volatility in global markets, the reactions were not as harsh as in April. The VIX index increased by 0.3 points to 17.8. This indicates a slight weakening in risk appetite and an increased tendency towards safe havens. US futures started the day with a mixed outlook.Most Valuable Companies and Stock PricesNVIDIA (NVDA) → $3.86 trillion market value, $158.24 per share, down 0.69%Microsoft (MSFT) → $3.70 trillion market value, $497.72 per share, down 0.22%Apple (AAPL) → $3.14 trillion market value, $209.95 per share, down 1.69%Amazon (AMZN) → $2.37 trillion market value, $223.47 per share, up 0.03%Alphabet (GOOG) → $2.15 trillion market value, $177.56 per share, down 1.66%Borsa IstanbulTreasury Cash Balance had a deficit of 455.1 billion TL in June. While revenues were TL 856.6 billion, expenses were TL 1.31 trillion, interest payments were TL 250.4 billion.BIST-100 started the week with a 1.6% decrease. The risk aversion trend and the cautious atmosphere abroad supported this pullback. While the US postponing the customs duty decision to August 1 reflected positively on European stock markets, the US side remained more cautious.While there was no important data in the country today, the CDS premium increased by 10 basis points. The market will focus on the presentation that Treasury and Finance Minister Şimşek will make to foreign investors. In addition, the second-quarter results of banks may increase stock-based volatility. We expect a horizontal course in the index.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 922.93 billion TL market value, 267.00 TL per share price, 3.09% decreaseAselsan Elektronik Sanayi (ASELS) → 689.47 billion TL market value, 151.3 TL per share price, 0.07% increaseTürkiye Garanti Bankası (GARAN) → 577.08 billion TL market value, 136.4 TL per share price, 0.73% decreaseKoç Holding A.Ş. (KCHOL) → 410.05 billion TL market value, 156.7 TL per share price, decreased by 3.09%Türk Hava Yolları A.O. (THYAO) → 404.00 billion TL market value, 287.50 TL per share price, decreased by 1.79%Precious Metals and Currency PricesGold: 4,284 TLSilver: 47.32 TLPlatinum: 1,765 TLDollar: 39.97 TLEuro: 46.94 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto July 7, 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin continued its high-volume structure from last week into the weekend, closing the stable Sunday with an increase at the $109,200 level. BTC, which experienced a strong upward breakout from the downtrend that began in May, is now consolidating above this structure. The $108,900 resistance level is a key threshold at this point. As long as the price stays above this level, it will aim to break through the $110,600 peak. In case of pullbacks, the $108,900 level we mentioned earlier, followed by the trend support we saw at the average $108,000 point, could keep the price in this region. In an upward scenario, if the $111,920 peak is surpassed, the first targets after the new ATH will be the $114,000 and $120,000 levels.Ethereum also followed Bitcoin, closing the week with a volume-driven rise. When we look at ETH from a broader perspective, we observe that it continues to trade within the range. The $2,465 level plays a key role at this point. After last week's significant rise, it is positive that the price remains above this level. It is also trading in a critical area in the short term. The $2,595–$2,550 area stands out as a broad resistance area. We have reached the $2,600 target we gave in previous bulletins. However, if this region is breached, the price could rise as high as the $2,700 region.Crypto NewsAuthorities have announced that there is no golden visa for digital currency investors in the UAE.White House Economic Advisor Hassett stated that the likelihood of a recession is zero.Kazakhstan plans to establish a Bitcoin and crypto reserve.Toncoin has partnered with the UAE and started offering 10-year golden visas to TON stakers.A Bitcoin whale that has been dormant since 2011 moved 60,000 BTC today. The investor holds a total of 80,009 BTC ($8.69 billion).CryptocurrenciesTop Gainers:TIA → Increased by 13.2% to $1.67B → Increased by 13.1% to $0.39170547SPX → Increased by 13.1% to $1.37KTA → Increased by 10.8% to $0.68357771IP → Increased by 8.6% to $3.19Top Losers:TKX → Declined by 42.6% to $9.04PENGU → Declined by 6.3% to $0.01521971TON → Declined by 6.2% to $2.82USELESS → Declined by 4.8% to $0.27979579SAFE → Declined by 2.3% to $0.42950742Fear Index:Bitcoin: 70 (Greed)Ethereum: 57 (Greed)Dominance:Bitcoin: 65.27% ▼ 0.05%Ethereum: 9.34% ▲ 0.13%Global MarketsThe US non-farm payrolls data for June came in at 147,000, above expectations. The unemployment rate fell from 4.3% to 4.1%. However, we observed a decline in working hours and hourly earnings. After the strong employment data, expectations for interest rate cuts weakened, and sales were seen in the bond market. US stock markets were closed on Friday due to a holiday.Global markets started the new week on a bearish note with tariff news from the US. President Trump announced that tariffs would take effect on August 1 instead of July 9 and signaled a 10% additional tariff on BRICS countries. On Friday, the VIX index rose 1.1 points to 17.5 amid low liquidity and trade uncertainty, indicating a decline in risk appetite.Most Valuable Companies and Stock PricesNVIDIA (NVDA) → Market capitalization of $3.89 trillion, share price of $159.34, up 1.33%Microsoft (MSFT) → Market capitalization of $3.71 trillion, share price of $498.84, up 1.58%Apple (AAPL) → Market capitalization of $3.19 trillion, share price of $213.55, up 0.52%Amazon (AMZN) → Market value of $2.37 trillion, share price of $223.41, up 1.59%Alphabet (GOOG) → Market value of $2.18 trillion, share price of $180.55, up 0.44%Borsa IstanbulInflation data declined slightly in June. Monthly inflation was 2.04%. Prices rose slightly faster in services, while the rate of increase slowed in goods. Today, the Treasury's cash balance will be announced. In addition, throughout the week, the government is also set to hold bond and bill auctions with various maturities.The Borsa Istanbul ended last week with a 9% gain, driven by expectations of an interest rate cut. This week, attention will turn to domestic economic data and developments related to U.S. tariff policies. Key items on the economic calendar include today’s cash budget, Thursday’s industrial production and retail sales data, and Friday’s balance of payments report. Additionally, corporate earnings announcements are set to begin. We anticipate the stock market will start the week with a slight pullback.Companies with the Highest Market Value on the Istanbul Stock ExchangeQNB Finansbank (QNBTR) → Market value of 922.93 billion TL, share price of 266.50 TL, experienced a 3.27% declineAselsan Elektronik Sanayi (ASELS) → Market value of 689.47 billion TL, share price of 149.10 TL, down 1.39%Türkiye Garanti Bankası (GARAN) → Market value of 577.08 billion TL, share price of 137.50 TL, up 0.07%Koç Holding A.Ş. (KCHOL) → Market value of 410.05 billion TL, share price of 157.50 TL, a 2.60% declineTurkish Airlines A.O. (THYAO) → Market value of 404.00 billion TL, share price of 288.75 TL, experienced a 1.37% declinePrecious Metals and Currency PricesGold: 4,243 TLSilver: 47.21 TLPlatinum: 1,766 TLDollar: 39.94 TLEuro: 47.05 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 4 July 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin continues its high-volume structure that it has maintained for several days. The downward trend it started in May experienced a strong upward breakout and then successfully retested the $108,500 level. As we mentioned in yesterday's bulletin, the $110,600 and $111,920 levels are currently short-term targets. Our $110,600 target has been achieved. The next target is $111,920, which is noteworthy as it represents the highest point BTC has reached. If a new all-time high (ATH) is achieved, the $114,000 and $120,000 levels will be closely monitored. In the event of a pullback, the trend zone — the $108,000 area — will be the first area to react. Below that, the $107,100 level will come into focus.Ethereum is currently trading in the middle of the narrowing triangle pattern we observed when looking at the broader picture. Staying above the $2,420 level was important in the short term. It has now returned to the previous range. As with Bitcoin, volume remains high here, and a rise toward the recently tested $2,680 and $2,900 levels can be expected. In pullbacks, the $2,275–$2,400 support range will be monitored.Crypto NewsThe US House of Representatives declared July 14–18 as “Crypto Week.”Tether minted $1 billion worth of USDT.The SPK imposed an access ban on PancakeSwap on the grounds that it was conducting unauthorized crypto asset service provider activities.The US House of Representatives approved Trump’s “Big and Beautiful Plan.”Ondo Finance and Pantera Capital allocated $250 million to RWA tokenization.US Treasury Secretary Bessent: US Trade Representative Greer will hold talks with the EU over the weekend.U.S. Senator Lummis introduced a bill that would exempt crypto transactions under $300 from taxation.CryptocurrenciesTop Gainers:TOSHI → +7.4% → $0.00050795PLUME → +4.3% → $0.1076886ZEC → +3.7% → $40.79AMP → +2.5% → $0.00351222AKT → +2.2% → $1.11Top Losers:KTA → –15.0% → $0.58735564USELESS → –11.2% → $0.22904396MOG → –9.2% → $0.09954781AIOZ → –9.0% → $0.3033793BRETT → –9.0% → $0.04279332Fear Index:Bitcoin: 71 (Greed)Ethereum: 57 (Greed)Dominance:Bitcoin: 65.30% ▲ 0.04%Ethereum: 9.35% ▼ 0.18%Daily Total Net ETF InflowsBTC ETFs: $601.80 millionETH ETFs: $148.50 millionGlobal MarketsFollowing yesterday’s strong non-farm payrolls data, the likelihood of a July interest rate cut by the Federal Reserve — which had been increasingly expected in recent days — has diminished. As of this morning, the total amount of rate cuts priced in by year-end has decreased from 65 basis points to 53 basis points. Despite downside risks to growth from high tariff policies and global volatility, robust employment figures signal resilience in the U.S. economy, thereby supporting risk appetite. The VIX fear index dropped by 0.3 points to 16.4 yesterday, indicating that the improvement in market sentiment has extended into July.Most Valuable Companies and Stock PricesNVIDIA (NVDA) → $3.89 trillion, $159.34 ▲ 1.33%Microsoft (MSFT) → $3.71 trillion, $498.84 ▲ 1.58%Apple (AAPL) → $3.19 trillion, $213.55 ▲ 0.52%Amazon (AMZN) → $2.37 trillion, $223.41 ▲ 1.59%Alphabet (GOOG) → $2.18 trillion, $180.55 ▲ 0.44%Borsa IstanbulIn Türkiye, the monthly inflation rate for June was 1.37%, below the 1.45% forecast. Annual inflation dropped from 35.41% to 35.05%. Thus, after a long interval, inflation remained under 2% for two consecutive months. The ongoing decline in the main trend of monthly inflation and the retreat in annual inflation have raised expectations for an interest rate cut by the CBRT this month.Yesterday, banking stocks saw profit-taking following the lower-than-expected inflation data. However, strong buying in Aselsan enabled the index to close positively. Today, trading volume on the BIST may remain low as US markets are closed. The main focus will be on the US tariff announcement scheduled for July 9 next week.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 948.05 billion TL, 280.00 TL ▼ 1.06%Aselsan Electronics Industry (ASELS) → 683.09 billion TL, 150.00 TL ▲ 0.13%Türkiye Garanti Bankası (GARAN) → 569.52 billion TL, 135.20 TL ▼ 0.29%Koç Holding A.Ş. (KCHOL) → 410.05 billion TL, 160.70 TL ▼ 0.62%Turkish Airlines A.O. (THYAO) → 402.27 billion TL, 292.50 TL ▲ 0.34%Precious Metals and Currency PricesGold: 4,273 TLSilver: 47.21 TLPlatinum: 1,766 TLDollar: 39.84 TLEuro: 46.99 TLWe look forward to bringing you the latest updates again tomorrow!
Daily Market Summary with JrKripto 3 July 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin continues its high-volume structure that it has maintained for several days. After breaking out strongly from the downward trend it started in May, it successfully retested the $108,500 level. The $110,600 and $111,920 levels are currently short-term targets. If a new ATH is reached, the $114,000 and $120,000 levels will be closely monitored. In the event of a pullback, the trend zone, i.e., the $108,000 area, will be the first region to react. Below that, the $107,100 level will come into focus.Ethereum is currently trading near the midpoint of a narrowing triangle pattern when viewed from a broader perspective. Holding above the $2,420 level was significant in the short term, but the price has since returned to its previous range. As with Bitcoin, trading volume remains high, and a move toward the previously tested $2,680 and $2,900 levels may be anticipated. In case of a pullback, the $2,275–$2,400 support range will be closely monitored.Crypto NewsCoinbase acquired Liquify.Trump signed a trade agreement with Vietnam.SEC Chairman Paul Atkins said the agency is committed to advancing tokenization.The US Federal Housing Finance Agency (FHFA) has requested an urgent congressional investigation into Fed Chairman Powell for alleged misuse of his position.Ripple is seeking a national banking license, joining other cryptocurrency companies seeking integration with traditional financial systems.U.S. Treasury Secretary Faulkender: I expect a series of agreements to be announced next week.CryptocurrenciesTop Gainers:MOODENG → Increased by 42.3% to $0.19902918NEIRO → Increased by 27.4% to $0.00048296BONK → Increased by 20.7% to $0.00001718USELESS → Increased by 19.8% to $0.25870575KTA → Increased by 17.3% to $0.69341888Top Losers:KAITO → Declined by 5.8% to $1.61KET → Declined by 2.7% to $0.38153133AB → Declined by 1.5% to $0.00829551ZBCN → Declined by 1.2% to $0.00326608WBT → Declined by 0.7% to $43.75Fear Index:Bitcoin: 68 (Greed)Ethereum: 55 (Greed)Dominance:Bitcoin: 65.19% ▼ 0.12%Ethereum: 9.34% ▼ 0.22%Daily Total Net ETF InflowsBTC ETFs: $407.80 millionETH ETFs: –$1.90 millionKey Data to Watch TodayUS – Independence Day – Early close at 1:00 PM3:30 PM – Average Hourly Earnings (Monthly) (June) Expected: 0.3% | Previous: 0.4%3:30 PM – Initial Jobless Claims Forecast: 240K | Previous: 236K3:30 PM – Nonfarm Payrolls (June) Forecast: 111K | Previous: 139K3:30 PM – Unemployment Rate (June) Expectation: 4.3% | Previous: 4.2%4:45 PM – Services Purchasing Managers' Index (PMI) (June) Expectation: 53.1 | Previous: 53.15:00 PM – ISM Non-Manufacturing Purchasing Managers' Index (PMI) (June) Expectation: 50.8 | Previous: 49.9Global MarketsU.S. indices closed higher ahead of the upcoming non‑farm payrolls report. The S&P 500 gained 0.47%, the Nasdaq rose 0.94%, while the Dow Jones ended the session flat. The trade agreement between the U.S. and Vietnam was positively received by markets, as it is expected to help mitigate the inflationary impact of high tariffs. In response to these developments, the VIX fear index declined to 16.6.June’s ADP private sector employment data showed an unexpected decline of 33,000 jobs, marking the first drop since March 2023. Job losses were concentrated in small and medium-sized businesses, while large firms continued to add workers. Today, markets will closely follow non‑farm payrolls, the ISM services index, and weekly jobless claims in the U.S.Most Valuable Companies and Stock PricesNVIDIA (NVDA) → Market capitalization of $3.84 trillion, share price of $157.25, up 2.58%.Microsoft (MSFT) → Market capitalization of $3.65 trillion, share price of $491.09, down 0.20%.Apple (AAPL) → Market capitalization of $3.17 trillion, share price of $212.44, up 2.22%.Amazon (AMZN) → Market capitalization of $2.33 trillion, share price of $219.92, down 0.24%.Alphabet (GOOG) → Market capitalization of $2.17 trillion, share price of $179.76, up 1.61%.Borsa IstanbulWhile Borsa Istanbul continues to hold above 10,000 points, cash inflows and trading volume continue to increase. According to inflation data released today for June, the CPI rose 1.64% month‑on‑month, with annual inflation reaching 35.05%. The data came in slightly below the market expectation of 35.2%. The lower-than-expected inflation supports the upward trend in the BIST, particularly in interest rate‑sensitive sectors.According to provisional data from the Ministry of Trade, exports increased by 8% year‑on‑year to $20.5 billion in June, while imports increased by 15.3% to $28.7 billion. As a result, the trade deficit increased by $2.3 billion year‑on‑year to $8.2 billion. The total deficit for the first half of the year was $49.4 billion, while the 12‑month cumulative deficit was $89.2 billion. This indicates that the deterioration in the trade balance continues.Following a nearly 30% rise in the banking index over the past month, the likelihood of a stock shift has increased, while the CDS remaining at 280 basis points may limit the upward movement in the index. Today, we expect a volatile but generally positive trend on the BIST following the release of the data.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → Market value of 958.1 billion TL, share price of 284.75 TL, down 0.44%.Aselsan Elektronik Sanayi (ASELS) → Market value of 663.94 billion TL, share price of 150.20 TL, up 3.16%.Türkiye Garanti Bankası (GARAN) → Market value of 583.38 billion TL, share price of 136.20 TL, experienced a 1.94% decline.Koç Holding A.Ş. (KCHOL) → Market value of 410.82 billion TL, share price of 163.00 TL, saw a 0.62% increase.Turkish Airlines A.O. (THYAO) → Market value of 401.58 billion TL, share price of 291.75 TL, increase of 0.26%.Precious Metals and Currency PricesGold: 4,293 TLSilver: 46.17 TLPlatinum: 1,739 TLDollar: 39.91 TLEuro: 47.06 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 2 July 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin tested the $108,860 level over the weekend with strong volume, marking a sharp contrast to the recent downward trend. This area represents the intersection of both descending trendline resistance and horizontal resistance. After facing rejection at this level, BTC pulled back to the $105,000–$106,600 support zone, from which it has since rebounded. The price is currently hovering around $107,300. A daily close above $108,800 could pave the way toward a new all-time high (ATH). On the downside, if the $106,600 support fails to hold, attention will shift to the $104,900 level as the next key support.Ethereum also saw a notable rally over the weekend. After breaking through the $2,465 resistance on strong volume, it climbed toward the $2,525 resistance level. However, ETH has faced multiple rejections from this area over the past week and subsequently retreated to the $2,370 support. It is currently retesting the $2,465 resistance, and a successful breakout could lead to a move toward the $2,600 level. In case of a pullback, the $2,410 level is expected to act as key support. Should this level break, the $2,350–$2,370 zone will be closely watched for further support.Crypto NewsDeFi Development plans to issue $100 million in convertible bonds maturing in 2030 to purchase Solana and repurchase shares.Popular design app Figma disclosed in its IPO filing that it holds a $70 million Bitcoin ETF investment. It was also revealed that the company's board of directors approved an additional $30 million in Bitcoin purchases.The SEC has approved the conversion of the Grayscale Digital Large Cap Fund into an ETF (BTC, ETH, XRP, SOL, and ADA).The SEC is evaluating standard listing criteria to expedite the approval process for crypto ETFs.US Treasury Secretary Bessent: We are moving toward a vote today on a significant and important piece of legislation.Deutsche Bank plans to launch a crypto custody service in 2026.CryptocurrenciesTop Gainers:AIC → Increased by 18.8% to $0.17643453.USELESS → Increased by 17.1% to $0.22494803.VENOM → Increased by 9.4% to $0.19972119.KET → Increased by 9.3% to $0.39385646.KAITO → Increased by 8.6% to $1.70.Top Losers:ALGO → Declined by 5.9% to $0.17567776.CFX → Declined by 4.7% to $0.07452071.TEL → Declined by 4.5% to $0.00388872.KAIA → Declined by 4.0% to $0.15905976.MOVE → Declined by 3.9% to $0.16701015.Fear Index:Bitcoin: 64 (Greed)Ethereum: 50 (Neutral)Dominance:Bitcoin: 65.42% ▼ 0.12%Ethereum: 9.11% ▲ 0.64%Daily Total Net ETF InflowsBTC ETFs: -$342.20 millionETH ETFs: $40.70 millionData to Watch Today• 3:15 PM – ADP Nonfarm Employment (June) Expectation: 99K | Previous: 37K• 5:30 PM – Energy Information Administration Crude Oil Inventories Expectation: -3,500M | Previous: -5,836MGlobal MarketsWe are starting the new day with a positive tone across global markets. Former President Trump’s renewed pressure on the Federal Reserve to cut interest rates, combined with ongoing tax cut proposals and progress in trade negotiations, is helping to lift risk appetite. The VIX fear index edged up slightly to 16.8, reflecting a market environment that remains cautious yet optimistic.In macroeconomic data, the U.S. ISM Manufacturing Index rose to 49.0 in June. While production showed improvement, both new orders and employment components continued to soften. The S&P Global Manufacturing PMI remained in the growth zone at 52.9.Most Valuable Companies and Stock PricesNVIDIA (NVDA) → Market capitalization of $3.74 trillion, share price of $153.30, down 2.97%.Microsoft (MSFT) → Market capitalization of $3.66 trillion, share price of $492.05, down 1.08%.Apple (AAPL) → Market capitalization of $3.10 trillion, share price of $207.82, up 1.29%.Amazon (AMZN) → Market capitalization of $2.34 trillion, share price of $220.46, up 0.49%.Alphabet (GOOG) → Market value of $2.14 trillion, share price of $176.91, down 0.27%.Borsa IstanbulThe ISO PMI data declined to 46.7, remaining in the contraction zone. The slowdown in demand is also limiting companies' pricing power. In Istanbul, June inflation was 1.77% monthly and 44.38% annually. Consumer confidence rose to 77.The BIST-100 index closed the day above 10,000 points with a gain of over 1%, driven by expectations of interest rate cuts and foreign investor interest. If today's bank earnings reports come in lower than expected, there could be limited profit-taking in banking stocks. However, the main focus is on tomorrow's inflation data. A flat trend is expected in the index today.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → Market value of 914.55 billion TL, share price of 274.00 TL, increased by 0.37%.Aselsan Electronics Industry (ASELS) → Market value of 676.7 billion TL, share price of 148.50 TL, saw a 0.07% increase.Türkiye Garanti Bankası (GARAN) → Market value of 574.98 billion TL, share price of 137.30 TL, increased by 0.29%.Enka Construction and Industry (ENKAI) → Market value of 400.95 billion TL, share price of 67.85 TL, experienced a 0.80% decrease.Turkish Airlines A.O. (THYAO) → Market value of 400.89 billion TL, share price of 291.50 TL, up 0.34%.Precious Metals and Currency PricesGold: 4,282 TLSilver: 46.17 TLPlatinum: 1,739 TLDollar: 39.85 TLEuro: 47.07 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 1 July 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin tested the $108,860 level over the weekend with strong volume, marking a notable move contrary to the downward trend observed in recent weeks. This zone represents the intersection of both descending trendline resistance and horizontal resistance. Should the trend continue, BTC will encounter support in the $106,600–$107,200 range. A daily close above $108,800 could pave the way toward a new all-time high (ATH). Conversely, if the $106,600 support level is breached, attention will shift to the $104,900 level as the next key area.Ethereum also saw a notable rally over the weekend. After breaking above the $2,465 resistance with strong volume, ETH extended its move to the $2,525 resistance level. However, this area has acted as a barrier, with multiple rejections observed over the past week. A decisive breakout above $2,525 could open the path to the $2,600 level. In the event of a pullback, $2,465 is expected to act as strong support. If this level fails to hold, the $2,370–$2,400 zone will be closely monitored.Crypto NewsThe SEC has delayed staking for the BITWISE Spot ETH ETF.The EU will accept Trump's universal customs duty but will demand some important exemptions.The White House announced that Trump sent a handwritten note to Fed Chairman Powell asking him to lower interest rates.Goldman Sachs moved the Fed's interest rate cut from December to September.REX‑OSPREY’s staking‑enabled Solana ETF will begin trading on Wednesday, the CEO announced.Advent purchased $1 billion worth of shares from LayerZero (#ZRO) to support the expansion of artificial intelligence data centers.U.S. Treasury Secretary Bessent: The stablecoin law will be ready by mid‑July. This will also increase demand for U.S. Treasury bonds.Robinhood EU will launch tokenized stocks, including private equity such as $OPAI.Strategy purchased 4,980 BTC.Metaplanet purchased 1,005 Bitcoin and issued $208 million in bonds to purchase more BTC.CryptocurrenciesTop Gainers:TNQ → Increased by 28.1% to $1.85.PLUME → Increased by 12.6% to $0.09251397.BCH → Increased by 5.6% to $525.97.SUN → Increased by 4.1% to $0.01712809.TEL → Increased by 2.1% to $0.0040765.Top Losers:BSV → Declined by 21.3% to $24.30.KTA → Declined by 20.8% to $0.58079237.GRASS → Declined by 15.3% to $0.98806251.TKX → Declined by 13.2% to $23.97.ARB → Declined by 12.6% to $0.32513715.Fear Index:Bitcoin: 65 (Greed)Ethereum: 56 (Greed)Dominance:Bitcoin: 65.33% ▲ 0.17%Ethereum: 9.13% ▼ 0.56%Daily Total Net ETF Inflows:BTC ETFs: $102.10 millionETH ETFs: $31.80 millionToday's Key Data Points:• 4:30 PM – Fed Chair Powell's Speech• 4:45 PM – Manufacturing Purchasing Managers' Index (PMI) (June) Expectation: 52.0 | Previous: 52.0• 5:00 PM – ISM Manufacturing Purchasing Managers' Index (PMI) (June) Expectation: 48.8 | Previous: 48.5• 5:00 PM – Job Openings and Labor Turnover Survey (JOLTS) (May) Expectation: 7.320 M | Previous: 7.391 MGlobal MarketsIn global markets, the U.S.’s conciliatory stance on tariffs and tax‑cut plans are supporting stock markets, while risk appetite remains balanced. Statements regarding interest rate cuts have boosted expectations, pushing stock prices higher while also increasing the price of gold.Although equity markets ended June at record highs, uncertainties surrounding ongoing tariff negotiations in certain countries continue to linger. The VIX fear index rose by 0.4 points, reflecting this cautious sentiment.Trump again strongly reiterated his call for interest rate cuts to Powell. As of July 1, markets are expecting a 67‑basis‑point interest rate cut by the end of the year.Most Valuable Companies and Stock Prices:NVIDIA (NVDA) → Market value of $3.85 trillion, share price of $157.99, up 0.15%.Microsoft (MSFT) → Market capitalization of $3.70 trillion, share price of $497.41, up 0.30%.Apple (AAPL) → Market capitalization of $3.06 trillion, share price of $205.17, up 2.03%.Amazon (AMZN) → Market capitalization of $2.33 trillion, share price of $219.39, down 1.75%.Alphabet (GOOG) → Market capitalization of $2.14 trillion, share price of $177.39, down 0.49%.Borsa IstanbulIn May, the foreign‑trade deficit was close to expectations at $6.65 billion. Exports increased by 2.6%, while imports rose by 2.7%. In the first five months of the year, the foreign deficit grew by 13% to $41.3 billion, while the unemployment rate fell to 8.4% in May.According to TÜRK-İŞ data, the poverty line rose to 26,115 TL in June. The Treasury will make a total of 906 billion TL in domestic debt payments between July and September.Yesterday, the BIST index rose by 6%. The CDS falling below 300 basis points increased risk appetite. Purchases are expected to continue today. This week’s key agenda items include Thursday’s inflation data and the Central Bank of Turkey’s interest rate decision, scheduled for July 24.Companies with the Highest Market Value on the Istanbul Stock Exchange:QNB Finansbank (QNBTR) → 904.5 billion TL market value, share price 270.00 TL, 0.00% change.Aselsan Electronics Industry (ASELS) → Market value of 687.65 billion TL, share price of 150.80 TL, 0.00% change.Türkiye Garanti Bankası (GARAN) → Market value of 567 billion TL, share price of 137.80 TL, 2.07% increase.Turkish Airlines A.O. (THYAO) → Market value of 391.23 billion TL, share price of 288.00 TL, 1.59% increase.Koç Holding A.Ş. (KCHOL) → Market value of 390.53 billion TL, share price of 156.90 TL, increase of 1.88%.Precious Metals and Currency Prices:Gold: 4,264 TLSilver: 46.35 TLPlatinum: 1,718 TLDollar: 39.89 TLEuro: 47.03 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 26 June 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin briefly dipped below the $100,000 mark at the height of geopolitical tensions over the weekend, following the U.S. intervention in the Iran–Israel conflict. However, fueled by strong buying momentum at the start of the new week, BTC quickly reclaimed this critical psychological threshold. The price surged from a low of $98,000 to as high as $108,000. A pullback after such a sharp rally is considered natural, while holding above the $100,000 level continues to serve as a key confidence line, both technically and psychologically.As for Ethereum, as highlighted in our previous analysis, the $2,100 region has proven to be a solid support zone. Renewed buying interest in this area has propelled ETH toward the short-term target of $2,400. The $2,430 level is currently being monitored as support, while $2,600 stands as the next resistance to watch.Crypto NewsInvesco Galaxy submitted the S-1 form for the Solana ETF.Canary filed an application with the CBOE for the PENGU ETF.The US Federal Housing Finance Agency (FHFA) decided to accept cryptocurrencies as collateral (mortgage) for those wishing to buy a home.The FHFA directed Fannie Mae and Freddie Mac to consider crypto assets in their mortgage evaluations.NVIDIA reached a new ATH level.Powell: At some point, we will resume interest rate cuts.The Nasdaq 100 reached a new ATH, hitting an all-time high.CryptocurrenciesTop Gainers:MOVE → Increased by 33.5% to $0.19715073.MOCA → Increased by 11.1% to $0.07644085.XCN → Increased by 10.4% to $0.01645214.KAS → Increased by 7.6% to $0.07954247.DOG → Increased by 7.3% to $0.00407479.Top Losers:FRAX → Declined by 11.4% to $2.02.POPCAT → Declined by 9.0% to $0.27353041.CRV → Down 8.9% to $0.52128798.FARTCOIN → Down 8.5% to $0.9840403.SEI → Down 8.2% to $0.28035777.Fear Index:Bitcoin: 70 (Greed)Ethereum: 57 (Greed)Dominance:Bitcoin: 65.61% ▼ 0.17%Ethereum: 9.16% ▲ 1.90%Daily Total Net ETF InflowsBTC ETFs: $547.70 millionETH ETFs: $60.40 millionGlobal MarketsGlobal risks continue to take a back seat as the Israel–Iran ceasefire continues, and the positive mood in global markets is maintained. The calm course of oil prices and the improvement in risk perception are providing stability to the stock markets. The VIX volatility index fell 0.7 points yesterday to 16.8, its lowest level since February.Today's data calendar is busy in the US. The May trade balance, durable goods orders, pending home sales, and the final estimate of first-quarter growth will be monitored. According to the second estimate, the US economy contracted by 0.2% in the first quarter of the year. During this period, imports of goods and services increased by 43%, while growth in consumer spending was 1.2%, the lowest level in the last five quarters.Most Valuable Companies and Stock PricesNVIDIA (NVDA) → Market capitalization of $3.77 trillion, share price of $154.31, up 4.33%.Microsoft (MSFT) → Market capitalization of $3.66 trillion, share price of $492.27, up 0.44%.Apple (AAPL) → Market capitalization of $3.01 trillion, share price of $201.56, up 0.63%.Amazon (AMZN) → Market capitalization of $2.25 trillion, share price of $211.99, down 0.37%.Alphabet (GOOG) → Market value of $2.08 trillion, share price of $171.49, up 2.24%.Borsa IstanbulAccording to a report published by the Central Bank of the Republic of Turkey (CBRT) in June, inflation expectations declined across all sectors. Inflation expectations for the next 12 months fell to 24.6% among market participants, 39.8% in the real sector, and 53% among households. This is the lowest level since November 2021.There was strong demand for the Treasury's 5-year $2.5 billion lease certificate issuance. The lease rate was set at 6.75%. Thus, a total of $7 billion in external funding has been secured since the beginning of the year.The BIST 100 closed yesterday with a 0.3% decline. Holding, retail, and refinery stocks retreated, while Aselsan and Turkcell remained strong. The Monetary Policy Committee (MPC) summary will be announced today. If there are no significant developments on the global front, the market may remain flat.Top Companies by Market Capitalization on the Istanbul Stock ExchangeQNB Finansbank (QNBTR) → Market capitalization of 866.81 billion TL, share price of 265.00 TL, up 2.42%.Aselsan Elektronik Sanayi (ASELS) → Market value of 676.7 billion TL, share price of 147.10 TL, down 0.88%.Türkiye Garanti Bankası (GARAN) → Market value of 502.32 billion TL, share price of 121.00 TL, up 1.17%.Turkish Airlines A.O. (THYAO) → Market value of 374.67 billion TL, share price of 272.00 TL, saw a 0.18% increase.Enka Construction and Industry (ENKAI) → Market value of 369.3 billion TL, share price of 64.30 TL, increase of 2.06%.Precious Metals and Currency PricesGold: 4,266 TLSilver: 46.47 TLPlatinum: 1,778 TLDollar: 39.76 TLEuro: 46.56 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 25 June 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin fell below $100,000 at the height of weekend tensions, as the U.S. entered the Iran-Israel conflict. However, supported by strong buying momentum at the start of the new week, it managed to reclaim this critical psychological resistance level. BTC surged from a low of $98,000 to as high as $106,700. A pullback following such a sharp rise is considered normal. Holding above the $100,000 mark continues to serve as both a technical and psychological confidence threshold.As for Ethereum, as highlighted in our previous analysis, the $2,100 region remains a strong support zone. With renewed buying interest around this level, ETH quickly rallied toward the short-term target zone near $2,400. The $2,380 level is currently being monitored as support, while $2,460 stands as the next key resistance point.Crypto NewsPompliano's Procap purchased 3,724 BTC.US House Speaker Johnson: We aim to pass the tax bill by July 4.Powell: Expect interest rate cuts to continue when the time comes.Truth Social files with the NYSE for a Bitcoin and Ethereum ETF.CryptocurrenciesTop Gainers:SYRUP → Increased by 19.1% to $0.60408863.PI → Increased by 16.8% to $0.61875017.DEXE → Increased by 11.8% to $8.72.APT → Increased by 9.9% to $4.74.DOG → Increased by 7.8% to $0.00373852.Top Losers:TEL → Declined by 7.3% to $0.00396176.LPT → Declined by 6.8% to $5.89.MOCA → Declined by 6.6% to $0.06969272.VIRTUAL → Declined by 6.0% to $1.55.PLUME → Declined by 5.9% to $0.08499106.Fear Index:Bitcoin: 62 (Greed)Ethereum: 46 (Neutral)Dominance:Bitcoin: 65.33% ▲ 0.07%Ethereum: 9.13% ▼ 0.17%Daily Total Net ETF InflowsBTC ETFs: $588.60 millionETH ETFs: $71.30 millionData to Watch Today5:00 PM – Fed Chair Powell's Comments5:00 PM – New Home Sales (May): Expectation 694K, Previous 743K5:30 PM – Energy Information Administration Crude Oil Inventories: Expectation -1,200M, Previous -11,473MGlobal MarketsThe prevailing sentiment in global markets appears to be that no news is good news. The easing of global risks, the lack of escalation following the Iran-Israel ceasefire, and the diminishing likelihood of existing threats materializing have all had a positive effect on currency markets.We are following this positive atmosphere in US and European futures and Asian stock markets with a bullish trend. The VIX fear index fell to 17.5 points, indicating a sharp decline in risk perception. The S&P 500 closed the day up 1.1% and the Nasdaq up 1.4%.Federal Reserve Chair Jerome Powell delivered key remarks during his presentation to the House of Representatives, emphasizing the strength of the U.S. economy and the resilience of the labor market. He acknowledged that inflation has come down but remains above the Fed’s 2% target.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → Market capitalization of $3.64 trillion, share price of $490.11, up 0.85%.NVIDIA (NVDA) → Market capitalization of $3.61 trillion, share price of $147.90, up 2.59%.Apple (AAPL) → Market capitalization of $2.99 trillion, share price of $200.30, down 0.60%.Amazon (AMZN) → Market capitalization of $2.26 trillion, share price of $212.77, up 2.06%.Alphabet (GOOG) → Market capitalization of $2.03 trillion, share price of $167.74, up 1.04%.Borsa IstanbulBorsa Istanbul recorded its highest close since June 13, ending the day with a gain of over 3%. We believe this positive momentum is likely to continue. The index will be closely watched at resistance levels of 9,550 and 9,800, while 9,250 and 9,100 are key support zones. The recent ceasefire in the Middle East also triggered strong buying activity on the BIST.From a broader perspective, however, economic indicators continue to point toward a slowdown. The Real Sector Confidence Index declined again in June. Looking ahead, sectoral inflation expectations will be released today, followed by the CBRT Monetary Policy Committee meeting summary tomorrow, and the Economic Confidence Index on Friday. Despite the macro headwinds, we expect buying sentiment in the equity market to persist in the short term.Companies with the Highest Market Value on the Istanbul Stock ExchangeQNB Finansbank (QNBTR) → Market value of 847.55 billion TL, share price of 258.75 TL, 0.00% change.Aselsan Electronics Industry (ASELS) → Market capitalization of 650.26 billion TL, share price of 149.50 TL, 4.84% increase.Türkiye Garanti Bankası (GARAN) → Market value of 483.84 billion TL, share price of 120.10 TL, 0.08% increase.Koç Holding A.Ş. (KCHOL) → Market value of 366.18 billion TL, share price of 146.70 TL, experienced a 0.81% decrease.Enka Construction and Industry (ENKAI) → Market value of 354.06 billion TL, share price of 63.35 TL, up 0.72%.Precious Metals and Currency PricesGold: 4,234 TLSilver: 45.85 TLPlatinum: 1,673 TLDollar: 39.62 TLEuro: 46.03 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 24 June 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s take a closer look at the overall market sentiment and the latest insights together.Bitcoin dipped below the $100,000 mark at the height of geopolitical tensions over the weekend, following the U.S.'s entry into the Iran–Israel conflict. However, strong buying momentum at the start of the new week helped BTC reclaim this critical psychological threshold. After falling to a low of $98,000, Bitcoin surged to as high as $106,000. A brief pullback after such a sharp rally is considered natural. Holding above the $100,000 level continues to serve as both a technical and psychological support line.As for Ethereum, the $2,100 zone highlighted in our previous analysis has proven to be a solid support area. With buying interest emerging from this level, ETH quickly climbed to the short‑term target range around $2,400. The $2,380 mark is currently being watched as near‑term support, while $2,430 stands as the closest resistance level.Crypto NewsIran and Israel have declared a 12‑hour ceasefire.Trump on the Fed interest rate: “We should be at least two to three points lower.”Goolsbee: “If the uncertainty over tariffs is removed, we should continue to cut rates.”Hassett: “There is no reason for the Fed not to cut rates.”Trump Media has approved a $400 million share buyback.Strategy purchased 245 #Bitcoin at an average price of $105,856.CryptocurrenciesTop Gainers:SEI → increased by 38.5% to $0.28162748.KTA → increased by 31.4% to $0.76449666.TEL → increased by 24.4% to $0.00427768.JASMY → increased by 24.4% to $0.01407185.DOG → increased by 23.0% to $0.00340695.Top Losers:VENOM → declined by 2.6% to $0.16444289.USDB → declined by 1.8% to $0.98318051.LGCT → declined by 1.2% to $1.70.BTSE → declined by 1.2% to $1.67.XAUT → declined by 1.0% to $3,336.58.Fear Index:Bitcoin: 54 (Neutral)Ethereum: 35 (Fear)Dominance:Bitcoin: 65.36% ▲ 0.02%Ethereum: 9.06% ▼ 0.25%Daily Total Net ETF InflowsBTC ETFs: $350.60 millionETH ETFs: $100.70 millionData to Watch Today• 5:00 p.m. – Conference Board (CB) Consumer Confidence (June)Expectation: 99.4 | Previous: 98.0• 5:00 p.m. – Fed Chair Powell's CommentsGlobal MarketsU.S. stock markets closed the day in positive territory following a brief ceasefire between Iran and Israel. Iran’s retaliatory actions were perceived as largely symbolic and, as a result, were not fully priced in by the markets. These developments signaled that the conflict was unlikely to escalate further, helping ease investor anxiety.The S&P 500 rose by 0.96%, the Nasdaq gained 0.94%, and the Dow Jones advanced 0.89%.Meanwhile, the VIX fear index declined by 0.8 points to 19.8, further confirming our comments about the easing of market tension.Oil prices saw a sharp decline, dropping nearly 9%, while bullish sentiment took hold in the futures markets.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → Market capitalization of $3.61 trillion, share price of $486.00, up 1.80%.NVIDIA (NVDA) → Market capitalization of $3.52 trillion, share price of $144.17, up 0.22%.Apple (AAPL) → Market capitalization of $3.01 trillion, share price of $201.50, up 0.25%.Amazon (AMZN) → $2.21 trillion, $208.47, down 0.58%.Alphabet (GOOG) → $2.01 trillion, $166.01, down 1.03%.Borsa İstanbulAccording to data released yesterday, the number of foreign tourists visiting Turkey in May declined by 1.8% year‑over‑year. In the first five months of the year, total foreign tourist arrivals dropped by 1% to 15.6 million.The spike in geopolitical tensions in the Middle East over the weekend appears to have eased in the short term, following recent statements and developments. If global tensions remain subdued, expectations for a potential interest rate cut by the Central Bank of the Republic of Turkey (CBRT) in July could gain traction. This could potentially support upward momentum on Borsa İstanbul.Today, attention will turn to the two‑day NATO Leaders Summit, which will also be attended by President Erdoğan. The BIST 100 index may attempt to move toward the 9,400 level during the session.Companies with the Highest Market Value on the Istanbul Stock ExchangeQNB Finansbank (QNBTR) → 854.25 billion TL, share price of 263.00 TL, up 3.95%.Aselsan Electronics Industry (ASELS) → 667.13 billion TL, share price of 141.10 TL, down 4.08%.Türkiye Garanti Bankası (GARAN) → 484.26 billion TL, share price of 119.80 TL, up 3.99%.Koç Holding A.Ş. (KCHOL) → 370.24 billion TL, share price of 147.40 TL, up 2.08%.Turkish Airlines A.O. (THYAO) → 354.31 billion TL, share price of 266.25 TL, up 5.24%.Precious Metals and Currency PricesGold: 4,240 TLSilver: 46.02 TLPlatinum: 1,681 TLDollar: 39.66 TLEuro: 45.99 TLWe look forward to bringing you the latest updates again tomorrow.
FET Comments and Price Analysis 24 June 2025
FET Technical AnalysisLooking at the FET daily chart, we can see a clear descending channel pattern which has worked properly since the beginning of 2024. Falling Channel Structure The price of the coin is currently trading in the middle band of this descending channel and we have a significant support zone around $0.65–$0.70. The price breaking down this important support zone is trading above the support area again. The price can go down first to the level of $0.53 in case of daily closing below the important level $0.65 and then it can retreat to the level of around $0.33 which is the channel trend support.The level of $0.87 is only possible if the price closes above the level of $0.70 in terms of upward movements. Above this price level, we have the level $1 which is the trend resistance level. Technically, it is highly possible that a breakout will occur in case of next trend test.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
Daily Market Summary with JrKripto 23 June 2025
You can find today’s edition of “Daily Market with JrKripto” below, featuring a roundup of the most important developments from both global and local markets. Let’s analyze the broader market sentiment and latest insights together.Bitcoin faced heightened volatility over the weekend as the United States became involved in the ongoing Iran–Israel conflict. Despite global tensions, BTC managed to hold its price above the $100,000 mark.After briefly dipping to the $98,000 range, Bitcoin rebounded and tested the $102,130 resistance level once again. The $96,300–$97,900 zone is acting as a strong support area on the downside. In the short term, the next upward target is located at $103,800.On the Ethereum front, the recent market-driven decline was met with buying interest at a critical level. The $2,073–$2,115 range served as a key turning point. If ETH can hold above the $2,240 level, the short-term upside target becomes $2,380.Crypto NewsTexas Strategic #Bitcoin Reserve has become official.Tether minted $2 billion worth of USDT.Bloomberg analyst Eric Balchunas cited the SEC's increased involvement as a positive signal, raising the likelihood of multiple spot crypto ETF approvals to 90% or higher.Reddit is in talks regarding Sam Altman's iris-scanning orb.CryptocurrenciesTop Gainers:• MOVE → Increased by 15.7% to $0.14020405.• IP → Increased by 11.9% to $3.09.• S → Increased by 8.8% to $0.28165327.• KTA → Increased by 6.3% to $0.57939745.• BORG → Increased by 6.2% to $0.17631443.Top Losers:• TRIBE → Declined by 8.6% to $0.39085427.• SFP → Declined by 7.3% to $0.45440006.• ATH → Declined by 6.9% to $0.02971646.• TEL → Declined by 6.5% to $0.00343946.• CHEEMS → Declined by 5.0% to $0.00000132.Fear Index:• Bitcoin: 46 (Neutral)• Ethereum: 41 (Fear)Dominance:• Bitcoin: 65.69% ▼0.03%• Ethereum: 8.82% ▲0.13%Daily Total Net ETF Inflows• BTC ETFs: $6.40 million• ETH ETFs: –$11.30 millionData to Watch Today• 4:45 PM – Manufacturing Purchasing Managers' Index (PMI) (June) Expectation: 51.1 Previous: 52.0• 4:45 PM – Services Purchasing Managers' Index (PMI) (June) Expectation: 52.9 Previous: 53.7• 5:00 PM – Existing Home Sales (May) Expectation: 3.96 M Previous: 4.00 MGlobal MarketsWe’ve just come out of a weekend dominated by escalating tensions between Iran and Israel, with the U.S. also stepping in. While the U.S. targeted Iranian nuclear facilities, Iran has yet to issue a response. In the coming days, all eyes will be on whether Iran launches a counteroffensive or moves to close the Strait of Hormuz.We’ve also wrapped up a volatile week shaped by both geopolitical unrest and key interest rate decisions. Nvidia shares declined by 1.1% on U.S. markets, while the S&P 500 ended the week down 0.2%, and the Nasdaq closed slightly higher with a 0.2% gain.We have left behind a week in which we heard statements from some Fed members suggesting that there could be an interest rate cut in July. The VIX fear index closed at 20.6, down 1.6 points on the last official trading day of the week, but we can anticipate that this level may change today. The bearish sentiment continues in the futures markets.Most Valuable Companies and Stock Prices• Microsoft (MSFT) → Market capitalization of $3.55 trillion, share price of $477.40, down 0.59%.• NVIDIA (NVDA) → Market capitalization of $3.51 trillion, share price of $143.85, down 1.12%.• Apple (AAPL) → Market capitalization of $3 trillion, share price of $201.00, up 2.25%.• Amazon (AMZN) → Market capitalization of $2.23 trillion, share price of $209.69, down 1.33%.• Alphabet (GOOG) → Market value of $2.03 trillion, share price of $167.73, down 3.59%.Borsa İstanbulDomestically, risk perception remains elevated due to ongoing economic and political developments, compounded by global uncertainties. As a result, Borsa İstanbul may exhibit sharper reactions compared to other markets. For the BIST 100 index, the 9,000–9,100 range is being monitored as a key support zone, while resistance is seen in the 9,250–9,340 range.The Consumer Confidence Index, which has been on an upward trend for the past two months yet still lingers below its long-term average, rose 0.3% in June to reach 85.1.The Central Bank of the Republic of Turkey (CBRT) continues to take steps to support the Turkish Lira. While TL deposit targets have been raised, the required reserve ratio for foreign currency‑protected TL accounts has been reduced from 4% to 2.5%.After closing the previous week with a 1.2% loss, the BIST 100 is expected to have a weak start to the new week. Developments in the Middle East will continue to be closely monitored.Companies with the Highest Market Value on the Istanbul Stock Exchange• QNB Finansbank (QNBTR) → Market value of 854.25 billion TL, share price of 248.25 TL, experienced a 2.67% decline.• Aselsan Elektronik Sanayi (ASELS) → Market capitalization of 667.13 billion TL, share price of 145.70 TL, experienced a 0.41% decline.• Türkiye Garanti Bankası (GARAN) → Market value of 484.26 billion TL, share price of 115.70 TL, up 0.35%.• Koç Holding A.Ş. (KCHOL) → Market value of 370.24 billion TL, share price of 146.00 TL, 0.00% change.• Turkish Airlines A.O. (THYAO) → Market value of 354.31 billion TL, share price of 251.25 TL, experienced a 2.14% decrease.Precious Metals and Currency Prices• Gold: 4,285 TL• Silver: 46.13 TL• Platinum: 1,654 TL• Dollar: 39.72 TL• Euro: 45.71 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 20 June 2025
You Can Find Today’s Edition of “Daily Market with JrKripto” Below, Featuring a Roundup of the Most Important Developments from Both Global and Local Markets. Let’s Analyze the Broader Market Sentiment and Latest Insights Together.Bitcoin managed to stay strong despite a challenging week in terms of data and developments. BTC, which is firmly priced above $100,000, has once again reached the resistance zone of $106,600–$107,200. In addition to this horizontal resistance, a trendline resistance is also in play. A breakout above this zone could pave the way for a new all-time high (ATH), with $110,000 and then $114,000 as potential targets. On the downside, the $104,900 support level awaits us. If this support level is broken, the $102,100 and $100,900 support levels emerge as critical resistances.On the Ethereum front, the rising channel pattern we mentioned previously continues to hold. ETH, which is rebounding from the trend support, is experiencing a significant rise as we head into the weekend. The horizontal and channel support, which is around $2,500 on average, continues to hold strong. The next target will be the $2,620 level.Crypto News• An Ohio bill exempting Bitcoin payments under $200 from taxes has passed the House of Representatives.• Fetch Foundation will carry out a $50 million $FET token buyback.• Central Bank of the Republic of Türkiye (CBRT) kept interest rates unchanged.• X CEO Yaccarino: Users will soon be able to invest or trade on the social media platform.• Semler Scientific has announced its three-year plan and intends to purchase 105,000 Bitcoin.CryptocurrenciesTop Gainers:• GT → Increased by 12.8% to reach $17.20.• KAIA → Increased by 12.6% to reach $0.19770911.• IP → Increased by 11.4% to reach $2.90.• HNT → Increased by 11.0% to reach $2.55.• SEI → Increased by 10.9% to reach $0.2017996.Top Losers:• CHEX → Declined by 7.3% to $0.2022507.• RAY → Declined by 6.4% to $2.14.• AB → Declined by 5.5% to $0.01467079.• MORPHO → Declined by 4.9% to $1.29.• AERO → Declined by 4.7% to $0.87750806.Fear Index:• Bitcoin: 55 (Neutral)• Ethereum: 41 (Fear)Dominance:• Bitcoin: 64.86% ▲ 0.05%• Ethereum: 9.48% ▼ 0.04%Daily Total Net ETF Inflows• BTC ETFs: $388.30 million• ETH ETFs: $19.10 millionGlobal MarketsWe previously mentioned speculation that the U.S. might intervene militarily in Iran. The White House has now issued a statement on the matter, indicating that “a decision will be made within two weeks.” This message has slightly eased tensions in global markets. However, it may also be interpreted as a political tactic. Meanwhile, tensions between Iran and Israel persist.U.S. markets were closed yesterday due to a public holiday. However, futures markets are showing a bearish tone this morning. The VIX fear index rose by 2 points to 22.2, signaling that market anxiety remains elevated.The Bank of England announced its interest rate decision yesterday, keeping its policy rate unchanged, as expected. The accompanying statement stressed that caution would be exercised with regard to potential rate cuts.Top Companies and Stock Prices• Microsoft (MSFT) → Market capitalization of $3.57 trillion, share price of $480.24, up 0.46%.• NVIDIA (NVDA) → Market capitalization of $3.55 trillion, share price of $145.48, up 0.94%.• Apple (AAPL) → Market capitalization of $2.94 trillion, share price of $196.58, up 0.48%.• Amazon (AMZN) → Market capitalization of $2.26 trillion, share price of $212.52, down 1.07%.• Alphabet (GOOG) → Market capitalization of $2.11 trillion, share price of $173.98, down 1.83%.Borsa IstanbulYesterday, the Central Bank of the Republic of Turkey (CBRT) kept its policy rate unchanged, as expected. Although some progress was noted on the inflation front, the statement did not provide a clear signal regarding a potential rate cut.According to recent data, short-term external debt stock declined by 2.6% in April to $168.4 billion, while housing sales rose by 17.6% in May.Following the interest rate decision, selling pressure emerged on Borsa Istanbul. However, shares of Tüpraş and Aselsan managed to close the day in positive territory. Today, a slightly bearish trend may be observed on the BIST.Companies with the Highest Market Value on the Istanbul Stock Exchange• QNB Finansbank (QNBTR) → Market value of 840.85 billion TL, share price of 251.00 TL, 0.00% change.• Aselsan Elektronik Sanayi (ASELS) → Market value of 657.10 billion TL, share price of 145.50 TL, 0.97% increase.• Türkiye Garanti Bankası (GARAN) → Market value of 471.66 billion TL, share price of 115.70 TL, 3.03% increase.• Koç Holding A.Ş. (KCHOL) → Market value of 365.17 billion TL, share price of 145.70 TL, increase of 1.18%.• Enka Construction and Industry (ENKAI) → Market value of 356.40 billion TL, share price of 61.60 TL, increase of 1.32%.Precious Metals and Currency Prices• Gold: 4,274 TL• Silver: 45.87 TL• Platinum: 1,654 TL• Dollar: 39.66 TL• Euro: 45.78 TLWe look forward to bringing you the latest updates again tomorrow.
Daily Market Summary with JrKripto 19 June 2025
You can find today’s edition of 'Daily Market with JrKripto' below, featuring a roundup of the most important developments from both global and local markets. Let’s take a closer look at the overall market sentiment and the latest insights together.Bitcoin continues to present a healthy outlook despite ongoing global developments. After starting the new week with an upward move, BTC pulled back upon reaching a key resistance zone. Markets—particularly Bitcoin—responded to the Fed's decision last night with anticipation and are now trending sideways around $104,800.Ethereum remains within its ascending channel and is currently trading at $2,535, just below the $2,580–$2,630 resistance zone. A breakout above this upper resistance area could signal the beginning of a new trend phase.Crypto NewsVanEck's Solana ETF listed on DTCC with ticker $VSOLCrypto Chief David Sacks said the 'Genius Act' stablecoin bill "increases consumer protections and expands the dominance of the US dollar."Tether mints $1 billion in USDTFirst spot $XRP ETF launches in CanadaTrump: Fed has done a bad job so far. We should be 200 basis points lower right now.Fed leaves interest rate steadyOhio bill exempting Bitcoin payments under $200 from taxation passes House of RepresentativesCryptocurrenciesTop Gainers:AERO → up 16.7% to $0.91917647SNT → up 13.6% to $0.05159567RAY → up 10.3% to $2.27.JTO → up 8.6% to $2.32.OKB → up 7.0% to $52.28.Top Losers:IP → down 15.4% to $2.60.KTA → down 9.5% to $0.73814101.STHYPE → down 6.3% to $38.03.WHYPE → down 6.2% to $38.04.HYPE → down 5.9% to $38.02.Fear Index:Bitcoin: 57 (Greed)Ethereum: 51 (Neutral)Dominance:Bitcoin: %64.90 ▲ 0.08%Ethereum: %9.46 ▼ 0.19%Daily Total Net ETF InflowsBTC ETFs: $388.30 MillionETH ETFs: $19.10 MillionGlobal MarketsThe Federal Reserve announced its interest rate decision last night, leaving rates unchanged as expected. However, inflation forecasts were revised upward, while growth projections were lowered. The Fed maintained its projection of two rate cuts later this year.On the Iran-Israel side, tensions remain high. Meanwhile, reports suggest potential U.S. involvement, with speculation growing that Washington may be preparing for a military intervention against Iran. These reports continue to keep tensions high.US stock exchanges closed yesterday with S&P 500 -0.03% - Nasdaq 0.1%. Selling pressure continues.Both the messages given by the Fed and the developments in the Middle East will continue to be closely monitored.The Most Valuable Companies and Stock PricesMicrosoft (MSFT) → $3.57 trillion market value, $480.24 per share price, increased by 0.46%.NVIDIA (NVDA) → $3.55 trillion market value, $145.48 per share price, increased by 0.94%.Apple (AAPL) → $2.94 trillion market value, $196.58 per share price, increased by 0.48%.Amazon (AMZN) → $2.26 trillion market value, $212.52 per share price, decreased by 1.07%.Alphabet (GOOG) → $2.11 trillion market value, $173.98 per share, down 1.83%.Borsa IstanbulThe CBRT will announce its interest rate decision in Türkiye at 14:00 today. It is expected that the interest rate will remain at 46%. Alongside the interest rate decision, housing sales and short-term external debt figures will be closely followed within the country today.The debt of the private sector's loans received from abroad increased by $2.7 billion in April, reaching $185.9 billion. With this figure, it reached its highest level since November 2019.The pressure of global tensions continues to be reflected in Borsa Istanbul. Yesterday, the BIST100 index showed a selling pressure image. With the selling pressure in the index, a pullback towards 9,000 levels may occur again.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 845.04 billion TL market value, 252.25 TL per share, 0.00% change.Aselsan Elektronik Sanayi (ASELS) → 645.24 billion TL market value, 143.30 TL per share price, 1.27% increase.Türkiye Garanti Bankası (GARAN) → 480.90 billion TL market value, 115.80 TL per share price, 1.14% increase.Enka İnşaat ve Sanayi (ENKAI) → 364.90 billion TL market value, 62.50 TL per share price, 0.40% increase.Koç Holding A.Ş. (KCHOL) → 362.89 billion TL market value, 145.90 TL per share price, 1.96% increase.Precious Metals and Currency PricesGold: 4291 TLSilver: 46.30 TLPlatinum: 1646 TLDollar: 39.54 TLEuro: 45.36 TLWe look forward to bringing you the latest updates again tomorrow!
Daily Market Summary with JrKripto 17 June 2025
You can find today’s edition of 'Daily Market with JrKripto' below, featuring a roundup of the most important developments from both global and local markets. Let’s take a closer look at the overall market sentiment and the latest insights together.Bitcoin formed a mini trading range over the weekend. With the start of the new week, BTC moved upward and reached as high as $106,600. However, it faced short-term pullbacks from this level. It's worth noting that the $106,500–$107,300 range remains a key resistance zone. Despite global market uncertainty, Bitcoin is displaying strong bullish momentum. If buying pressure continues at this pace, a breakout above this zone could lead to a move toward the next resistance at $108,900. On the downside, holding above the $105,000 level is a positive sign, with the next major support area located at $103,900.As highlighted in our technical analysis section, Ethereum continues to trade within an ascending channel. The $2,580–$2,630 range is acting as a resistance zone. Ethereum appears to have been rejected from this region, briefly dropping to $2,530. However, reactionary buying has pushed the price back up to around $2,580. A successful breakout above this level could take ETH toward the upper boundary of the channel at $2,900. In case of a pullback, the first support is seen at $2,580, followed by a secondary support at $2,500.Crypto NewsJapan kept its interest rate decision steady.Strategy acquired 10,100 BTC.Tron started working on an IPO.President Trump's Truth Social applied for the Truth Social Bitcoin and Ethereum ETF.SEC postponed the staking decision in Franklin's spot Ethereum ETF.Iran asked Qatar, Saudi Arabia, and Oman to pressure Trump to accept an immediate ceasefire with Israel. In return, Iran will show flexibility in nuclear negotiations with the US.Origin's DAO team to buy back $3 million in tokens.SEC accepts Truth Social Spot Bitcoin ETF application.CryptocurrenciesTop Gainers:WBT → up 29.3% to $51.44XCN → up 6.6% to $0.01447374BCH → up 4.2% to $475.32SYRUP → up 3.7% to $0.5457354PENDLE → up 3.5% to $3.96Top Losers:KTA → down 14.9% to $0.88758792SPX → down 13.3% to $1.45EIGEN → down 11.1% to $1.16GIGA → down 11.1% to $0.02168006GRASS → down 10.5% to $1.50Fear Index:Bitcoin: 64 (Greed)Ethereum: 54 (Neutral)Dominance:Bitcoin: 64.76% ▼ 0.17%Ethereum: 9.55% ▲ 1.71%Daily Total Net ETF InflowsBTC ETFs: -$9.61BETH ETFs: $21.40MData to Watch Today15:30 – Core Retail Sales (Monthly) (May)◦ Expected: 0.2%◦ Previous: 0.1%15:30 – Retail Sales (Monthly) (May)◦ Expected: -0.5%◦ Previous: 0.1%Global MarketsYesterday, U.S. stock markets closed higher amid hopes that tensions between Iran and Israel could ease. The S&P 500 rose 0.9%, and the Nasdaq gained 1.5%, with tech stocks leading the rally. In contrast, energy stocks declined alongside falling oil prices. The VIX fear index dropped by 1.7 points to 19.1, indicating a slight easing in market anxiety.However, unconfirmed reports concerning the Strait of Hormuz and the ongoing regional tensions are prompting caution in the markets. This morning, both European and U.S. futures markets saw slight declines.Global markets remain focused on developments along the Iran-Israel axis. As previously noted, interest rate decisions from the Fed, the Bank of England, and the Central Bank of Turkey (CBRT) will also be closely watched this week. While no rate changes are expected, the accompanying statements and updated economic projections will play a key role in shaping market sentiment. In addition, Japan has announced that it is leaving interest rates unchanged.Most Valuable Companies and Stock PricesMicrosoft (MSFT) → $3.56 trillion market cap, $479.14 per share, up 0.88%NVIDIA (NVDA) → $3.53 trillion market cap, $144.69 per share, up 1.92%Apple (AAPL) → $2.96 trillion market cap, $198.42 per share, up 1.00%Amazon (AMZN) → $2.29 trillion market cap, $216.10 per share, up 1.89%Alphabet (GOOG) → $2.15 trillion market cap, $177.94 per share, up 1.17%Borsa IstanbulAccording to the data released yesterday, Turkey's current account deficit in April was $7.9 billion. This is close to market expectations; our estimate yesterday was $7.7 billion. However, the total 12-month deficit increased to $15.8 billion. The data shows us that there is a temporary deterioration in the current account balance. However, the preliminary foreign trade data for May shows that this deterioration may be short-lived and that recovery may begin.On the Borsa Istanbul (BIST) side, pressure continues due to the Iran-Israel tension in the Middle East. Although the news that the parties were seeking a compromise yesterday provided short-term relief, a permanent recovery could not be achieved. The BIST100 index completed the day horizontally-positive at 9,350.One of the most important developments for the markets this week will be the Central Bank of Turkey’s (CBRT) interest rate decision to be announced on Thursday. According to the Market Participants Survey published yesterday, investors think that the TCMB may start reducing interest rates in the second half of the year.When we look at the BIST100 index technically, the range of 9,043–8,994 appears as a strong support area. In the scenario where these levels are maintained, upward attempts are quite healthy. Above, the range of 9,446–9,475 is followed as resistance.Companies with the Highest Market Value on Borsa IstanbulQNB Finansbank (QNBTR) → 858.44 billion TL market value, 258.75 TL per share price, increased by 0.98%Aselsan Elektronik Sanayi (ASELS) → 633.38 billion TL market value, 143.90 TL per share price, increased by 3.60%Türkiye Garanti Bankası (GARAN) → 493.08 billion TL market value, 116.30 TL per share price, decreased by 0.94%Koç Holding (KCHOL) → 371.76 billion TL market value, 145.70 TL per share price, decreased by 0.61%Turkish Airlines Inc. (THYAO) → 366.05 billion TL market value, 262.50 TL per share price, decreased by 1.04%Precious Metals and Currency PricesGold: 4,295 TLSilver: 46.20 TLPlatinum: 1,568 TLDollar: 39.39 TLEuro: 45.59 TLWe look forward to bringing you the latest updates again tomorrow!
ETH Comments and Price Analysis 17 June 2025
ETH Technical AnalysisLooking at the chart, we clearly see that Ethereum keeps its ascending channel pattern. The price of the coin failed to stay above the resistance level after going up above the $2,950 and then pulled back to the level of $2,560. There is an ongoing pattern coming from the beginning of May, and the price continues to move towards the trendline test again. It is clearly seen on the chart that the horizontal support at $2,500 and the trend support level intersect, and this level can be said to be a strong buy area. The price needs to hold the level of $2,450–$2,500 in order to keep its ascending structure. ETH Upward Channel Structure Upward breakouts will be main targets so long as the price stays on the trendline. There is a strong resistance area at $2,590–$2,620, and there should be momentum up to $2,700 with a good green candle if the price must hold above this resistance area. After that, the first resistance level seems to be the level of $2,800, and if this level is exceeded, the price will go up to the trend resistance. It is highly possible that the next test to the trend resistance area will bring a breakout.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to market conditions. However, the responsibility for making transactions and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss (SL) in relation to shared transactions.
