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Fed Shadows Dim the Trade Truce Glow

Your weekly macro cheat sheet

Despite a long-awaited breakthrough in the US–China trade dispute—one of the biggest sources of October’s market unease—risk assets appear unmoved. Bitcoin fell 1.7% over the week, while equities wobbled amid renewed uncertainty from the Federal Reserve. What was meant to be a relief rally turned instead into a muted response, exposing the market’s growing fixation on monetary policy rather than geopolitics.

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Bitcoin Playing Both Sides: Risk Asset Victim & Safe Bet

Bitcoin Playing Both Sides: Risk Asset Victim & Safe Bet

Bitcoin ripped higher as a temporary Iran truce eased oil markets and revived risk appetite, but the move is already losing steam near key resistance. Traders are piling into upside calls while still hedging downside, reflecting uncertainty over whether this is a breakout or just a relief rally.