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Market Update: Bitcoin rallies to test USD 70k before paring somewhat on no clear catalyst but Trump is set to meet with crypto execs tonight

StockNow breaking-news AI analysis

Bitcoin tests $70k as the White House meets crypto leaders and the SEC proposes a formal regulatory framework, signaling a shift toward institutional integration and proactive policy clarity.

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Today's market highlights

A selection of stories drawing attention in the market.

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Politics

US Treasury is increasing by at least double the size of liquidity support buyback operations for longer-dated nominal coupon securities, from the current USD 2bln to at least USD 4bln. As of September 9th.

Geopolitics

US President Trump says Iran negotiations may be at some point

FX/Bonds

[MARKET UPDATE] Spot gold continues to climb following the US Treasury announcement, now just shy of the USD 4500/oz key level; Further extension lower in the DXY, helping USD/JPY fall below the 200-SMA at 158.25