Key Takeaways
- Bitcoin held steady at $107,612, showing stability amid global tensions.
- Gold edged up to $3,388.29/oz, rising 0.11%, after retreating from earlier highs.
- U.S. markets rallied, with the S&P 500 at 6,033.12 (+0.94%) and Nasdaq climbing 1.53%, led by tech strength.
- Oil prices dipped, despite intensifying Middle East conflict, as traders prioritized market momentum over geopolitical risk.
Global Shifts & Market Response
Despite the deepening Iran–Israel conflict, markets surged on Tuesday, June 17.
Over the weekend, Iranian missile and drone strikes continued across Israeli territory, and a series of military deployments and shady tweets hinted at the possible intervention of Israel’s allies in the conflict.
Still, investors pushed risk assets higher. U.S, stocks soared, powered by a tech rally led by Meta, NVIDIA, and Amazon. Bitcoin held steady above $107,000, gold hovered slightly higher after a brief spike, and oil prices pulled back, suggesting markets are currently prioritizing momentum over geopolitical risk.
Global Indices
- S&P 500: 6,033.12 | ▲ +0.94%
- Dow Jones: 42,515.09 | ▲ +0.75%
- Nasdaq Composite: 19,701.21 | ▲ +1.53%
- Nikkei 225: 38,500.0 | ▲ +0.36%
- Euronext 100: 1,586.24 | ▲ +0.63%
- FTSE 100: 8,832.5 | ▼ –0.08%
Cryptocurrencies Market
- Bitcoin (BTC): $107,612 | ▲ +0.73%
- Ethereum (ETH): $2,600.04 | ▲ +2.20%
- Solana (SOL): $163.35 | ▼ –1.88%
- BNB: $655.50 | ▲ +0.73%
Commodities
- Gold: $3,388.29 | ▲ +0.11%
- Silver: $36.37 | ▲ +0.15%
- WTI Crude: $70.64 | ▲ +0.93%
- Brent Crude: $71.18 | ▲ +0.54%
Individual Stocks
- NVIDIA (NVDA): $144.69 | ▲ +1.92%
- Tesla (TSLA): $329.13 | ▲ +1.17%
- Microsoft (MSFT): $479.14 | ▲ +0.88%
- Meta (META): $702.12 | ▲ +2.82%
- Apple (AAPL): $198.42 | ▲ +1.00%
- Amazon (AMZN): $216.10 | ▲ +1.89%
Forex
- EUR/USD: 1.1563 | ▲ +0.04%
- GBP/USD: 1.3576 | ▲ +0.05%
- USD/JPY: 144.480 | ▼ –0.15%
Market Wrap-Up
Despite rising geopolitical tensions, global markets are holding steady and leaning into the rally, driven by strong tech gains and a wave of speculative momentum.
With major central bank meetings just ahead, investors are staying cautiously optimistic, but fow now, the appetite for risk is clearly in control.
Read More: Charles Hoskinson Proposes Higher Yields for XRP Holders
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