Global Markets

Bitcoin BTC$69,892.51 climbed to near $70,000 as traders reacted to signs of possible de-escalation in the Iran war and amid a short squeeze that liquidated more than $270 million in shorts. Crypto prices rose, along with equity index futures and equities, as Axios reported that the U.S. and Iran a

Sky Links Capital CEO Daniel Takieddine said that, as expectations for Federal Reserve rate cuts weaken, the upside potential for gold is limited. The price of gold is influenced by strong U.S. labor data and geopolitical risk. He noted that gold’s near-term performance will depend on U.S. economic data and policy signals.

Mike Belshe, CEO of Bitgo, suggests using a public blockchain to combat state and federal fraud, potentially addressing annual losses of $521 billion. He believes citizen oversight can effectively manage fund transparency and accountability.

Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News message, April 6, spot gold breaks through $4,690 per ounce, up 0.31% intraday.

Gate News message, April 6, market data shows that the U.S. Dollar Index DXY (a measure of changes in the U.S. dollar versus a basket of currencies) has fallen below 100, down 0.19% during the day.

Major financial institutions are transitioning from blockchain experiments to deploying real-world markets on Ethereum, particularly in the $12.5 trillion repo market. This shift highlights Ethereum’s evolving role as a crucial ecosystem for global finance, enhancing liquidity, transparency, and operational efficiency.

On April 6, BIT released a report stating that market trading volumes have shrunk. Bitcoin ETFs saw net inflows of $1.3 billion, while Ethereum continued to experience outflows. Geopolitical risks have not dissipated, and put-option strategies are increasingly favored. The Ethereum options market has shown significant changes, with traders choosing to sell call options more often to earn premiums.

Gate News update, on April 6, the South Korean KOSPI index (Korea Composite Stock Price Index) rose above 5,500 points, up 2.28% during the day. The Nikkei 225 index (Japan stock market benchmark index) climbed to 54,000 points, up 1.68% during the day.

Gate News, April 6, according to Gate data, WTI crude oil (West Texas Intermediate) prices have fallen back to below $110 per barrel, with a daily decline of 2.06%.

Gate News: According to the latest Gate TradFi data, AUDCHF (AUD/CHF) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to Gate’s latest news, on April 6 the precious metals market weakened, with gold and silver prices falling to $4,630.46 per ounce and $72.055 per ounce, respectively. Volatility in the crypto market changed somewhat, while the U.S. dollar in the foreign exchange market rose slightly. Global stock indexes showed mixed performance, with WTI crude oil slipping slightly and Brent crude oil rising. The Gate platform supports trading a wide range of financial products.

A Haitong Securities research report says that the conflict in the Middle East has gone beyond short-term impacts, causing capital and supply disruptions. Even if the situation improves, the market’s allocation approach will be different from spring. It expects the U.S. dollar and oil prices to perform better than anticipated. It also calls for paying attention to shortages of goods and supply-chain risks, and maintaining a cautious attitude toward market volatility.

Visa executives, during their visit to South Korea, said that the country is the best place to conduct stablecoin experiments, with 17 million cryptocurrency investors, and strong performance in the field of artificial intelligence. Visa is optimistic about South Korea’s future potential in combining stablecoin and AI businesses.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Robert Kiyosaki, in a recent post, said that Bitcoin and Ethereum could become the safest investments of 2026, because the United States continues to print money, debt is rising, and inflation is worsening. He criticized the safety of U.S. Treasuries as “the biggest lie,” and noted that real assets and cryptocurrencies can preserve wealth during inflation. His investment recommendations include holding Bitcoin, gold, silver, and commodities. Although some of his predictions weren’t accurate, some of his long-term predictions have come true.

Visa executives recently visited South Korea and described the market as the world’s best stablecoin testbed, citing 17M crypto investors and a high rate of AI adoption. However, South Korea has been slow to advance the regulatory framework for digital assets, hindering the progress of related experiments, suggesting that regulatory lag could cause the loss of market advantages.

A World Gold Council report shows that in February 2026, central banks net bought 19 tons of gold, up from January but below the 2025 average. Some central banks have continued to accumulate gold; China has increased its holdings for 16 months. Goldman Sachs and UBS predict that the gold price could rise to $5,400 and $5,900, respectively, in the future.

Digital asset ETPs saw a peak of over $250B, ending 2025 with $184B AUM, mainly driven by Bitcoin products. The market is evolving, with over 125 new filings indicating a trend toward diversified asset offerings.

Hong Kong Special Administrative Region Government Financial Secretary Paul Chan said that in March, the average daily trading value of the Hong Kong stock market exceeded HK$300 billion, up 8% year over year. This year, funds raised through IPOs have already exceeded HK$103 billion, the world’s No. 1, and companies collectively view Hong Kong as an important window for financing and for “going global.”