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📡 #BifuMarketRadar | Oil Slumps 8% and the Dow Climbs, but Chip Weakness and a Fed Meeting Cap the Move
📈 Market Brief
U.S. equities closed mixed on July 27. The Dow rose 0.51%, or 262.83 points, to 52,210.08; the S&P 500 edged up 0.02% to 7,413.18; and the Nasdaq slipped 0.18% to 24,932.08. Falling oil supported blue chips, but semiconductors offset the gains, Nvidia fell 5% on reports that a Chinese firm may mass-produce key chipmaking equipment, letting Apple retake the top spot by market value, while Sandisk plunged 11% after a Chinese memory rival listed in Shanghai.
💰 Crypto & ETF
BTC opened at $65,333 and finished up 0.3% at about $64,850; ETH opened at $1,953 and rose 1.6% to about $1,944; SOL added 0.7% to $75.84. Flows tell the clearer story: for the week ended July 24, U.S. spot BTC ETFs took in a net $33.79M, a third straight weekly inflow, but shed roughly $465M over the final two sessions ($225.2M on July 23 and $240.1M on July 24), with BlackRock's IBIT accounting for about $415M of that. Spot ETH ETFs drew about $103.9M over the same week, more than triple bitcoin's total and their third consecutive weekly inflow.
🛢️ Macro & Commodities
Washington paused its nearly two-week strike campaign against Iran, and the de-escalation sent WTI down more than 8% to about $82, with Brent near $90. The 10-year Treasury yield followed oil lower, easing 3bp to 4.65%; gold rose 0.28% to $4,081.37. In RWA, on-chain value stood at $34.67B as of July 22, below the $35.2B peak set on July 10, with tokenized Treasuries still the largest slice at $15.86B.
👀 Today's Watch
The FOMC meets July 28-29 with a decision Wednesday. CME FedWatch puts the odds of a hold at about 65.3%, while September hike odds have climbed to 82%. Watch whether oil's retreat holds, whether yields ease further from 4.65%, and whether last week's BTC ETF outflows stop early this week.
⚠️ Disclaimer: For informational purposes only. Not investment advice.
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🎂 #Ethereum is turning 11 on July 30th! Celebrate with zBit & #Zoroo 🚀
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