Bitcoin crosses on Mondays near $6.42 million, with little change in daytime. The market, on the one hand, digests the oil price increases associated with the escalation of the situation in the Middle East, and on the other, continues to assess the ripple effects of the China AI model Kimi K3 on the technology unit and encryption assets after its release.
Oil prices rise to a month's high.
At one point, the Brent tar plate rose by nearly 4 per cent to $91.42 per barrel, a high level since June. Reports indicate that the United States and Iran have expanded their strikes to facilitate the recalculation of energy markets to the risk of geo-conflict.
The rise in oil prices has also raised some of the previously moderate inflation concerns. For the market, this means that interest rates are expected to be subject to new disturbances, as well as exposure to risk asset pressures and the use of encrypted currency.
Mainstream currency has limited overall volatility
By the time it was sent, Bitcoin had been about $64,200, which was almost the same on a single day and had increased by about 3 per cent over a period of seven days, with a turnover of about $18 billion. The ISA US$1,860, which has increased by about 5 per cent over the last seven days, is relatively stronger in the mainstream currency.
- XRP steady at 1.09 US dollars
- Solana, report 76 dollars.
- BNB returns to $565
Dog coins are around 0.07. HYPE is relatively weak and has fallen by about 10% to $60 in the last week, continuing its previous downward trend.
Kimi K3 is still spreading.
In addition to oil prices, markets continue to absorb another shock last Friday. Moonshot AI ' s Kimi K3 ranked ahead of a focused programming benchmark test, prompting the market to reassess AI ' s competition patterns and triggers the sale of semiconductor plates.
This impact continues to ferment in Asian markets on Monday. The Korean Kospi index resumed trading after the holiday and fell by 3.5 per cent. The United States stock of futures was slightly stable, with a 0.5 per cent increase in the NASDAQ 100 index futures.
This week we're focusing on the corporate financials.
According to the report, the current encrypted market is facing two forces at the same time: the war pushes oil prices upwards and raises concerns about inflation and interest rates; and the pressure on technology by China ' s AI model, which weakens the recent strong AI trade line with Bitcoin.
In the absence of important United States macro-data this week, the market next focused more on the performance of large technology firms. Alphabet will release a financial paper on Tuesday, Tesla on Wednesday and Intel on Thursday.
These financial statements will be an important window to see if AI transactions are stable and may continue to influence the direction of the linkage between the technology unit and the encrypted assets.