A Rollercoaster Week: From Crash to Historic Bounce

Financial markets were anything but boring this week, seeing sharp drops, rapid surges, and record-breaking moves by the close.

Crypto: Outflows from BTC/ETH, Shift to Alternatives

Global crypto fund outflows reached $1.67B this week (BTC: –$1.44B, ETH: –$257M). Meanwhile, XRP and HYPE ETFs saw modest inflows of ~$1.2M and $2.5M, respectively. Selling pressure on BTC is mounting: net exchange inflows hit +114,000 BTC, while stablecoin liquidity dropped by –$105M. This liquidity drain is the main reason behind BTC’s ~22% decline from its May peaks.

Current prices on EXMO Margin: BTC ~$63,409 | ETH ~$1,665 | XRP ~$1,14 | HYPE ~$58,6

US Indices: Wild Swings and a Historic Rebounce

• Wednesday (June 10): Threatened by potential strikes on Iran, indices tumbled — S&P 500 –1,62%, Nasdaq –1.98%.

• Thursday (June 11): Trump called off the strikes and hinted at a potential peace deal, sending markets soaring. The S&P 500 rallied +1.75% and the Nasdaq jumped +2.54% (its best day since April 2). Despite the rally, the S&P 500 remains down about 1% for the week. Current SPX price: ~7,394 points.

Stocks & Commodities

Tech giants led the market rebound: Nvidia +8%, Apple +3.2%, Amazon +4.1%, Google +2.9%. The rally was further fueled by cooling expectations of Fed rate hikes. Current prices: AAPL ~$295.6 | NVDA ~$204.9 | AMZN ~$241.5 | GOOGL ~$357.8

Oil prices slid following the geopolitical pivot, with WTI dropping –2.2% to $85.81. Current WTI price: ~$85.42

Gold briefly entered a bear market (down 20% from its January high) but staged a recovery on Friday, climbing back to $4,222 per ounce. Current XAU price: ~$4,199

Weekly Summary

Middle Eastern geopolitics served as the sole market driver this week. All eyes are now on the weekend, as a potential US-Iran peace agreement could completely reshape the market landscape.