As the US-Iran stalemate continues, the market is shifting its focus toward the upcoming earnings reports from tech giants and the Federal Reserve's interest rate decision. Bitcoin attempted to challenge the $80,000 mark yesterday, but the price quickly pulled back, dampening short-term bullish sentiment. Consequently, the Fear & Greed Index has shifted from an optimistic to a neutral state. Strategy (formerly MicroStrategy), the pioneer of the corporate Bitcoin reserve strategy, purchased an additional 3,273 Bitcoins (BTC) last week. This brings its total holdings to 818,334 BTC, funded entirely by the issuance of MSTR common stock. MicroStrategy's (MSTR) stock price has surged by 30% over the past month, driving its mNAV up to 1.25 and once again igniting the Bitcoin flywheel.

US-Iran Stalemate Continues, Focus Shifts to Tech Giants' Earnings and Fed Rate Decision

Reportedly, Iran has proposed a new plan to the United States, offering to reopen the Strait of Hormuz and end the war, while suggesting a postponement of nuclear talks. White House Press Secretary Karoline Leavitt confirmed on Monday that Trump and his national security team have discussed this proposal.

Amid the uncertain geopolitical landscape, investors are turning their attention to the earnings reports of tech giants, which boast a combined market capitalization of nearly $16 trillion. Alphabet, Microsoft, Amazon, and Meta are set to release their earnings on Wednesday, followed by Apple the next day. These financial results could set the tone for global stock markets and test whether the recent upward momentum of mega-cap tech stocks can be sustained.

This week, the Federal Reserve, the European Central Bank (ECB), and the central banks of Japan, the UK, and Canada will all announce their interest rate decisions. Although investors widely expect the Fed to keep rates unchanged, the market will closely monitor whether officials—including Fed Chair Jerome Powell and ECB President Christine Lagarde—address potential inflation threats triggered by oil supply disruptions stemming from the ongoing conflict.

Bitcoin Fails to Break $80K, MicroStrategy Issues New Shares to Ignite the Bitcoin Flywheel

Bitcoin attempted to challenge the $80,000 mark yesterday, but a rapid price pullback weakened short-term bullish confidence, causing the Fear & Greed Index to cool from optimism to neutral.

Strategy (formerly MicroStrategy), the pioneer of the Bitcoin reserve strategy, doubled down last week by purchasing another 3,273 Bitcoins (BTC). This acquisition brings its total holdings to 818,334 BTC, funded entirely by $255 million raised through the issuance of MSTR common stock. MicroStrategy's stock price has seen a significant rebound recently, climbing 30% over the past month. This surge has driven its mNAV (the ratio of its current stock price to the value of its Bitcoin holdings) up to 1.25, enabling the company to issue more common stock and reignite the Bitcoin flywheel.

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