Key Takeaways
- Wall Street rallied as strong earnings and easing Treasury yields boosted investor sentiment.
- Trump and Australia signed a major critical minerals deal aimed at countering China’s dominance.
- Argentina’s $20 billion swap with the U.S. Treasury came ahead of key elections as the peso hit a record low.
- Bitcoin climbed to $110K while gold held firm near record highs on rate-cut expectations.
Crypto Morning News: Geopolitics & Market Sentiment
On October 21, 2025, global markets showed broad risk appetite as strong U.S. earnings and easing Treasury yields lifted sentiment, with Fresh headlines from Washington and emerging markets, including a U.S.–Australia critical minerals pact and Argentina’s new swap deal with the U.S. Treasury, adding new dynamics across commodities and currencies.
On the diplomatic front, President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement aimed at reducing reliance on China’s supply chain. Both countries committed fresh investment, with U.S. agencies preparing financing support and Trump reaffirming his backing for the AUKUS submarine deal.
Meanwhile, Argentina’s central bank announced a $20 billion currency swap deal with the U.S. Treasury aimed at boosting reserves and stabilizing the peso ahead of next week’s midterm elections.
In Asia, the U.S. signaled efforts to stabilize trade relations with China, with Treasury Secretary Scott Bessent set to meet Chinese Vice Premier He Lifeng this week ahead of a planned Trump–Xi summit in early November.
On the economic front, Wall Street rallied as investors focused on upbeat corporate earnings and softer bond yields.
Tech and industrial shares led the advance, with semiconductor stocks setting fresh records and Apple edging closer to a $4 trillion valuation on strong iPhone 17 demand.
U.S. government bond yields eased and the dollar held steady as the federal shutdown entered its 20th day, delaying several key economic reports while traders looked ahead to Friday’s inflation data.
European shares also rose as banking concerns faded, while Japan’s Nikkei hit a record high on optimism over pro-stimulus leadership.
Oil prices, however, slipped to a five-month low as supply glut worries deepened and futures moved into contango, signaling rising storage demand.
Meanwhile, gold gained more than 2%, supported by expectations of a Federal Reserve rate cut next week and continued safe-haven interest.
In Crypto, major tokens strengthened alongside broader risk assets. Bitcoin climbed back above $110,000, Ethereum rose past $4,000, and Solana traded near $189 as Bitcoin’s market dominance edged higher.
Price movements
Global Indices
- S&P 500 Index (SPX): 6,734.00 (+1.03%)
- Dow Jones Industrial Average (DJI): 46,790.61 (+1.02%)
- Nasdaq Composite Index (IXIC): 22,679.97 (+0.52%)
- Nikkei 225 Futures (NK2251!-D): 49,290.0 (+1.56%)
- FTSE 100 (FTSE): 9,385.3 (+0.03%)
Cryptocurrencies
- Bitcoin (BTCUSD): 110,151 (+1.80%)
- Ethereum (ETHUSDT): 4,010.12 (+3.11%)
- Binance Coin (BNBUSDT): 1,119.29 (+2.46%)
- Solana (SOLUSDT): 189.33 (+0.94%)
- BTC Dominance (BTC.D): 59.53% (+0.16%)
Major Stocks
- Nvidia (NVDA): 183.22 (+0.78%)
- Tesla (TSLA): 439.31 (+2.46%)
- Microsoft (MSFT): 513.58 (+0.39%)
- Meta Platforms (META): 732.92 (+2.68%)
- Apple (AAPL): 262.29 (+2.96%)
Commodities
- Silver (XAGUSD): 52.832 (+0.16%)
- Gold (XAUUSD): 4,357.766 (+0.16%)
- WTI Crude Oil (USOIL): 57.37 (+0.23%)
- Brent Crude Oil (BRENT3!): 68.166 (−3.68%)
Forex
- U.S. Dollar Index (DXY): 98.183 (+0.02%)
- EUR/USD: 1.16532 (+0.02%)
- GBP/USD: 1.34257 (+0.01%)
- USD/JPY: 150.843 (+0.15%)
Read More: JasmyLab Launches JANCTION LINK, Blending Creator Economy With Web3 Tools