Adam

Bitcoin slid below $72,000 as macro uncertainty, leverage liquidations, and fading inflation-hedge confidence weighed on prices, though analysts say the long-term thesis remains intact despite risks of further downside.

XRP plunged as risk-off sentiment and leveraged long liquidations accelerated selling, with weak institutional support and broken technical levels reinforcing a bearish outlook toward the $1.42–$1.35 support zone.

USDJPY keeps climbing toward the 159 intervention zone as a stronger dollar, weak yen fundamentals, and fading intervention fears fuel bullish momentum, with traders awaiting key U.S. data for confirmation.

European markets were mixed ahead of BoE and ECB decisions, while the pound weakened, silver and gold resumed sharp declines, equities dipped modestly, and cryptocurrencies slid, with Bitcoin falling below $70,000.

India quietly rebuilt ties with the U.S. through backchannel diplomacy, paving the way for a surprise Trump-Modi trade deal that cuts tariffs and realigns India closer to Western economic and strategic partners.

Gold and silver fell sharply as dollar strength, lower oil prices, and long liquidation hit metals, with silver plunging hardest after a failed rebound, pressuring broader commodities and risk sentiment.

Natural gas prices are steady ahead of the EIA report, with markets bracing for a potential 379 bcf storage draw that could trigger sharp volatility despite inventories still above average.

Silver plunged up to 17% after a failed rebound, extending heavy losses from record highs as dollar strength, speculative unwinding, thin liquidity, and China-led selling fueled extreme volatility across precious metals.

The Bank of England held rates at 3.75% after a narrow vote, signaling likely cuts from spring 2026 as inflation cools, with economists split between March or April timing.