Forex Market Overview All market | Anton Bykov 30 March 2025

26.03.2025 09:03

Crypto Week: ETF Inflows, Strong April and Many Positive News

Bitcoin (BTC) is up 3.7% this week to $88,127, approaching the key resistance zone at $89,000–$91,000. A breakout above this level could reignite Bitcoin’s rally, with market players speculating on a potential spike to $110,000 in the near future. Optimism has been fueled by the Federal Reserve’s decision to slow its balance sheet drawdown from $25 billion to $5 billion per month starting April 1. For the bullish scenario to play out, BTC must decisively clear the $91,000 resistance. The upcoming Core PCE Index release this Friday could act as a catalyst.

21.03.2025 11:03

Weekly Summary: Fed Reversed Stocks, Investors Still Nervous

Anton Bykov

S&P 500 futures are rising by 0.33% to 5,648 points, but the upside remains unsteady after the benchmark pulled back from Wednesday’s high of 5,716 points. Despite a market reversal following the Federal Reserve’s meeting, investor sentiment remains cautious, with some resuming sell-offs. Fed Chair Jerome Powell moved to support markets after U.S. President Donald Trump and Treasury Secretary Scott Bessent blamed the central bank for the recent market correction and economic slowdown.

19.03.2025 10:03

Crypto Week: Capitulation, Negative Sentiment and Beacons of Hope by the Fed

Anton Bykov

Bitcoin (BTC) is rising by 0.72% to $83,373, recovering from Tuesday’s low of $81,112. However, the market appears directionless, with many traders convinced that the uptrend has come to an end. CryptoQuant CEO Ki Young Ju warns that Bitcoin’s bull cycle might be over, predicting a bearish or sideways trend for the next 6 to 12 months based on technical indicators. Concerns about a potential recession are also weighing on sentiment, with ARK Invest’s Cathie Wood expressing worries that U.S. President Donald Trump’s tariff policies could trigger an economic downturn.

17.03.2025 10:03

Weekly Focus: S&P 500 Rebound, Bessent Disclaimer and Fed Meeting

Anton Bykov

S&P 500 futures are slipping by 0.24% to 5,611 points on Monday after a strong rebound last Friday, when the index climbed 1.68% to 5,622 points. While the recovery could resume, investors are currently digesting remarks from U.S. Treasury Secretary Scott Bessent regarding market corrections. “I can tell you that corrections are healthy. They’re normal,” he stated late Sunday, while also acknowledging the possibility of a U.S. recession.

12.03.2025 11:03

Crypto Week: Retail Investors Are Close to Capitulation

Anton Bykov

Bitcoin (BTC) is up 0.88% to $82,560 this week, recovering from a sharp decline of 6.2% to $76,559 on Tuesday—the lowest level since November 10, 2024. The market rebounded after U.S. President Donald Trump postponed the doubling of tariffs on Canadian steel and aluminum for six months while keeping planned increases for other countries. Investors interpreted this as a possible sign that Bitcoin’s correction could be nearing its end. However, some institutional analysts suggest further downside potential.

10.03.2025 11:03

Weekly Focus: U.S. Stocks Need Inflation to Continue Declining

Anton Bykov

S&P 500 broad market index futures are down by 0.51% to 5,725 points this week, following a steep 4.76% decline last Friday when the benchmark hit 5,664 points, its lowest level since September 19, 2024. The Trump-driven rally has been completely erased. Stocks rebounded later in the day, closing Friday with a modest 0.19% gain but still recording a significant 3.0% weekly decline. Market participants are closely watching the key support level at 5,720–5,740 points. If this level is breached, the index could plunge towards extreme downside targets of 5,300–5,400 points.

05.03.2025 12:03

Crypto Week: Let the Gloomy March Shine

Anton Bykov

Bitcoin (BTC) is down 6.6% this week to $87,837, recovering from a low of $81,425 on Tuesday—the weakest level since February 28. The crypto market was initially lifted by U.S. President Donald Trump’s announcement of a U.S. crypto reserve plan on Sunday, which proposed including Bitcoin, Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Solana (SOL). These altcoins surged 10–70% on the news. However, the rally was short-lived as markets tumbled on Tuesday following Trump's imposition of elevated tariffs on Mexico, Canada, and China.

28.02.2025 11:02

Weekly Summary: Trump Confused Everybody, Nvidia Is Not Good Enough

Anton Bykov

The S&P 500 futures are down 2.2% to 5,877 points, recovering slightly from the week's low at 5,844. The market appears to be stabilising after a turbulent period driven by economic concerns and geopolitical risks. U.S. stocks faced pressure due to signs of a slowing economy. The Consumer Confidence Index dropped to 98.3, the lowest since April 2024. U.S. Q4 GDP growth slowed to 2.3% QoQ from 3.1% QoQ, while initial jobless claims were mixed. Additional uncertainty came from U.S. President Donald Trump, who reiterated the implementation of new tariffs.

26.02.2025 10:02

Crypto Week: Trump Dismay with Tariffs, BTC below $90K, Nvidia Reporting

Anton Bykov

Bitcoin (BTC) is down 7.0% this week to $89,188, recovering slightly from Tuesday’s low of $86,019. The cryptocurrency has erased half of its Trump-driven rally that began on November 5, with recent declines fueled by U.S. President Donald Trump’s renewed commitment to imposing tariffs on Mexico and Canada next week after a 30-day delay. The broader market is also under pressure. S&P 500 futures fell 3.6% since last Thursday, driven by Walmart’s (WMT) weak Q1 2025 guidance and disappointing services PMI data. Bitcoin initially held steady last week, losing only 0.

24.02.2025 10:02

Weekly Focus: Nvidia, U.S. GDP and PCE

Anton Bykov

S&P 500 broad market index futures are up by 0.63% to 6,050 points on Monday, rebounding from last Friday’s unexpected panic following the release of U.S. PMI data. Manufacturing PMI increased to 51.6 points from 51.2, while Services PMI dropped into contraction territory at 49.7 points from 52.9. The benchmark fell by 1.75% to 6,008 points on the news.