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Bitcoin Retreats from $74K as Geopolitical Tensions Weigh on Crypto Rally
Bitcoin surged toward $74,000 before pulling back sharply following reports of U.S. military activity in the Middle East. Despite the reversal, crypto-linked equities like Coinbase advanced.
Oil Surges Past $102 as Hormuz Closure Sparks Historic Supply Shock
Oil prices surged Friday with Brent crude exceeding $102 a barrel after the prolonged closure of the Strait of Hormuz created the largest supply shock ever recorded. Major producers like Saudi Arabia are cutting output significantly.
Mortgage Rates Surge to 6.41% as Bond Yields, Oil Prices Climb
U.S. mortgage rates jumped sharply this week, with the 30-year fixed rate reaching 6.41% as Treasury yields and oil prices rose. The increase complicates the spring homebuying season and has already impacted homebuilder earnings.
XRP Surges Past $1.40 on Rate Cut Hopes and Technical Breakout
XRP climbed above $1.40, gaining 2.2% as market sentiment improved following in-line inflation data. Futures open interest hit $2.61 billion, indicating strong trader participation.
U.S. Natural Gas Dips on Record Supply Outlook, Diverging from Global LNG Surge
U.S. natural gas futures declined Friday, pressured by a record domestic production forecast, while global LNG prices soared above $20 amid supply diversions and geopolitical tensions.
Gold Retreats as Dollar Strength Weighs, Eyes Second Weekly Decline
Gold declined 0.6% to $5,046.69 an ounce, heading for a second weekly drop as a robust dollar and persistent inflation concerns offset safe-haven demand. Oil price surges and logistical disruptions added to market pressures.
Silver Retreats to $81, Pressuring Miners as Dollar Strength Weighs
Silver prices declined sharply on Friday, dropping over 3% toward $81 per ounce, which pressured shares of silver mining companies. The move was driven by a resilient U.S. dollar and recalibrated expectations for Federal Reserve interest rate cuts.
MARA Stock Surges on Bitcoin Rally Amid AI Infrastructure Push
MARA Holdings shares surged nearly 9% on Friday, outpacing peers as Bitcoin climbed above $71,600. The rally comes despite a $1.7 billion Q4 net loss and the company's strategic pivot toward AI and high-performance computing infrastructure.
ImmunityBio Surges on NK-Cell Manufacturing Milestone, Anktiva Expansion Progress
ImmunityBio shares jumped 10.5% Friday following news of a completed scalable manufacturing process for its NK-cell therapy platform and regulatory progress for its drug Anktiva. The company also reported surging 2025 revenue.