Crypto market at $2.69T: major coins take a breather, altcoins accelerate. Bitcoin has stalled at $81.3K ahead of the 200-day MA at $83.2K. The RSI is signalling overbought conditions.
Platinum: ⬆️ Buy – Platinum reversed from support zone – Likely to rise to resistance level 2140.00 Platinum recently reversed up from the support zone between the pivotal support level 1800.00 (former multi-month low from February), lower daily Bollinger Band.
Zcash: ⬆️ Buy – Zcash broke resistance level 540.00 – Likely to rise to resistance level 650.00 Zcash cryptocurrency recently broke the resistance zone between the resistance level 540.
S&P 500: ⬆️ Buy – S&P 500 reversed from support level 7200.00 – Likely to rise to resistance level 7400.00 S&P 500 index recently reversed up from the support level 7200.00 (former resistance from the end of April, acting as.
Toncoin: ⬆️ Buy – Toncoin broke resistance zone – Likely to rise to resistance level 2.8000 Toncoin cryptocurrency recently broke the resistance zone between the round resistance level 2.0000 (which has been reversing the price from last October) and the 38.2% Fibonacci.
Brent fell 10% on news of progress in US-Iran talks, but a quick return to pre-war levels is unlikely. Depleted reserves will keep Brent above $72 through year-end.
The end of Operation Epic Fury and progress in Iran talks are pressuring the dollar, pushing EURUSD toward 1.1760. Japan continues to intervene while gold rallies above $4,700.
The crypto market has reached $2.69T (+0.75%). Zcash and Toncoin have surged by 29% and 23%. Bitcoin, at $81.5K, is moving towards the 200-day moving average at $83.3K. TON rises on Telegram news.
₿ Bitcoin is emerging as a key beneficiary of rising geopolitical tensions in the Middle East. As conflict intensifies, investors are rotating capital away from traditional assets like gold and equities, reinforcing Bitcoin’s growing role as a safe-haven alternative.
The dollar benefited from a stock market pullback and rising oil prices; Japan has room for further intervention, while the pound is under pressure ahead of elections.
The crypto market has reached $2.67T, hitting its highest level since February. Bitcoin at $81K — six days in green in a row. Toncoin +29%. The Fear and Greed Index has returned to neutral territory for the first time since January.
Today is May 5th and this is a special silver market review for FX Pro.
Today we'll look at what's happening in the silver market.