1. Election Odds: Trump leads Harris in the 2024 odds with only six days to go. This could impact market dynamics as investors eye potential shifts in digital asset policies.
2. Russia Alert 🚨: Putin orders nuclear forces to prepare, intensifying geopolitical risks that may drive crypto as a hedge.
3. China & Korea: A Korean national is detained for alleged espionage in China, reflecting tightening controls amid expanded anti-espionage laws.
4. China’s Economy: China’s factory output remains weak, marking the sixth month of decline, while recent stimulus attempts are slow to deliver significant growth.
5. US Trade Deficit: U.S. trade deficit surges 15% as pre-holiday imports peak; economists adjust fourth-quarter GDP forecasts accordingly.
6. US Tech Bubble: Tech sector now dominates 42% of the S&P 500, highlighting potential risks from over-reliance on a few large companies.
7. Bitcoin ETF Inflows 🚀: BTC crosses $72K as ETF inflows surge, partially driven by “Trump trades” on his pro-crypto stance. Beware of potential market corrections.
8. Brazil’s Crypto Boom: Brazil’s crypto imports soared by 60.7% by September 2024, exceeding last year’s total, signaling growing adoption in Latin America.
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