Market Update (Sept 21): Bitcoin Reclaims $80,000 as Middle East Tensions Rise

U.S. stocks showed divergence last week as Bitcoin surged nearly 6% to reclaim the $80,000 level, while Ethereum rose to approximately $2,611. Crypto-related stocks like Coinbase and MicroStrategy (Strategy) saw significant gains. Meanwhile, geopolitical tensions escalated over the weekend following a Houthi attack on Riyadh, pushing WTI crude oil back above $101 per barrel. U.S. and Chinese officials are currently in New York discussing AI, tariffs, and critical mineral supplies. Investors are closely monitoring upcoming Federal Reserve official speeches and further developments in U.S.-China negotiations.