Market Snapshot: Bitcoin is charging ahead, smashing past $116,500! 📈 The Bull Run Index is up to 75, and the Rainbow Chart flashes 'BUY!'. Bitcoin's supply on exchanges is at a 7-year low, signaling scarcity and fueling this rally. Institutional interest is strong, with BlackRock's $1B BTC buy last week and China's Next Technologies planning a $500M Bitcoin treasury acquisition. JPMorgan notes Bitcoin's reduced volatility is drawing in big investors. The Senate confirming a pro-Bitcoin advocate to the Fed board adds a positive regulatory layer. Stablecoin supply hit a new ATH of $280B today, but Tether also burned 4B USDT, a significant supply reduction that warrants attention. Binance's BNB also rocketed to a new ATH of $950. While Bitcoin dominance is up, the Altcoin Season Index remains flat at 43, suggesting BTC is leading this surge. Fresh FinTech news shows Google partnering with Coinbase for an AI payments protocol with stablecoin support, and MoonPay expanding global crypto payments. Traditional markets are a mixed bag. The S&P 500 hit a new intraday record high, continuing its post-ATH run. Nvidia's valuation now exceeds several major economies! Microsoft increased its dividend by 10%. However, underlying concerns persist. US companies are set to raise prices, signaling inflation worries. Unemployed Americans now outnumber available jobs for the first time since 2021 (excluding fraudulent claims). Goldman Sachs warns of 2022-like risks where commodities rise while equities and bonds sell off. Gold surged to a new All-Time High of $3,700, with foreign central banks now owning more gold than US Treasuries—a clear global shift to a risk-off asset. Energy commodities like Brent Crude and Natural Gas are up. The FOMC meeting this Wednesday is crucial, with 25-75 basis points of Fed rate cuts now priced in, though President Trump is open to rate hikes if inflation becomes a significant issue. US-China trade talks were a success, with Trump set to meet Xi Jinping to finalize a deal, potentially easing global tensions. Overall, crypto is in a bullish phase driven by adoption and scarcity. Traditional markets, while seeing headline record highs in equities, show underlying caution and inflation concerns, pushing investors towards safe havens like Gold. Key Takeaways: - Bitcoin is strongly bullish 🚀 with scarcity & institutional interest. - Gold hit a new ATH 💰 reflecting global risk-off sentiment. - S&P 500 records new highs, but inflation and job market data present headwinds. ⚠️ - Fed rate cuts are priced in, but policy uncertainty remains.