๐บ๐ธ The U.S. has just carried out airstrikes on 2 IRGC launchers on Larak Island, near the Strait of Hormuz, saying Iran was preparing to deploy weapons that threatened shipping routes.
๐ฎ๐ท Iran immediately retaliated with ballistic missile strikes on 2 bases hosting U.S. forces in Jordan.
๐ฏ๐ด Jordan said 8 missiles were intercepted; so far, no major damage to U.S. forces has been reported.
Hormuz is heating up again โ oil rises, while risk assets come under pressure.
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WEEK 01 โ SEPTEMBER 2026
This week, the main focus will be U.S. labor market data, especially the August Nonfarm Payrolls (NFP) report, alongside ISM, JOLTS, and ADP data.
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Wishing everyone a smooth and successful trading week!
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๐ข Brent surged again as U.S.โIran tensions continued to escalate around the Strait of Hormuz, raising the risk of oil supply disruptions.๐ฐ BTC briefly fell to around $77K, giving back most of its previous rebound.๐ช Altcoins performed even worse as capital continued rotating back into Bitcoin, keeping BTC Dominance at elevated levels.
Risk-off is back, and altcoins are taking the biggest hit.
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The marketโs biggest whale may be about to start accumulating again.
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๐ท๐บ Sberbank is preparing to expand loans backed by digital assets.
๐ Assets expected to be accepted:
Crypto is taking another step from being an investment asset to becoming collateral within the traditional banking system.
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Gold is regaining its strategic role in national reserve portfolios.
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๐ข Brent climbed to around $91/barrel as U.S.โIran tensions escalated again, raising concerns that supply through the Strait of Hormuz could face further disruptions.
The hotter oil gets, the greater the pressure on inflation and risk assets.
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๐ฐ Bitcoin +24% in August, marking its strongest monthly gain since November 2024.๐ช Ethereum +31%, continuing to outperform BTC as capital flows back into the crypto market.
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BTC has Saylor, ETH has Tom Lee โ the whales are accumulating aggressively again.
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KICKING OFF SEPTEMBER: TRUMP-LINKED FUND MAKES A BIG BET ON POLYMARKET
๐ According to Bloomberg, Polymarket is raising $1 billion, which would value the prediction market platform at $21 billion.
๐ด Notably, 1789 Capital โ a fund where Donald Trump Jr. is a partner โ is leading the funding round and is expected to invest around $300 million.
๐ค 1789 Capital had previously invested about $200 million in Polymarket.
๐ค Polymarket has declined to comment on the deal for now.
Prediction markets are attracting massive capital from the U.S. financial sector.๐จโ๐ผ
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Prediction markets are attracting massive capital from the U.S. financial sector.
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๐บ๐ธ Earlier, Scott Bessent repeatedly applied pressure, arguing that Japan should raise interest rates faster to support the yen.
๐ฏ๐ต Japan may raise rates, but the decision still has to belong to the BoJ.
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๐ Pressure is coming from:
๐ค Inflation remains elevated๐ค The Fed has turned more hawkish after Jackson Hole๐ค U.S. public debt has surpassed $40 trillion๐ค Oil above $90 is reigniting inflation expectations๐ค Investors are demanding higher yields to hold long-term U.S. debt๐จ The higher yields go โ the more pressure on stocks, gold, and BTC.
For yields to come down, the market needs cooler inflation, a less hawkish Fed, or an improvement in U.S. fiscal conditions*.*
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