Mo 24/10 | Daily Crypto & Macro News
Happy Monday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Bitcoin briefly hits $88,000. Now trades around $87,000.
→ $11 billion in short positions to be liquidated if Bitcoin rallies to $101,000.
→ President Trump says record setting tariff revenues will create unprecedented national wealth.
→ Treasury Secretary Bessent says the entire economy is not at risk of recession.
→ U.S. banks now sitting on $395 billion in unrealized losses as of Q2 2025.
→ Bank of America’s chief investment strategist Michael Hartnett says…
The skinny
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