Th 11/6 | Daily Crypto & Macro News

Happy Thursday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨- U.S. inflation rose to 4.2%, with President Trump commenting that he loves inflation.- $1.1 trillion was wiped from the U.S. stock market.- The Warren Buffett Indicator hit its highest level ever, signaling the stock market is significantly overvalued.- SpaceX’s IPO has attracted demand for more than four times the shares available, with retail traders reportedly borrowing money to chase it.- Senator Cynthia Lummis stated that other nations are accumulating Bitcoin quietly and that the U.S. should do it loudly by law.- MicroStrategy CEO Phong Le reaffirmed that the company will continue to be the largest buyer and holder of Bitcoin in the world.- Polymarket now gives a 63% chance that Bitcoin will pump back above $65,000 this month.- Interest expense on U.S. public debt hit a record $1.3 trillion over the last 12 months and is on track to become the largest line item in the federal budget.- Oracle reported strong Q4 results with cloud revenue up 47% year-over-year to $9.9 billion and beat earnings expectations.- U.S. sanctions were imposed on multiple Chinese companies for supporting Iran, amid ongoing geopolitical tensions.📊 Altcoin Market Updates 📊- Total staked Solana supply value hit its lowest level since early December 2023.- NEAR Protocol announced that Hyperliquid’s Hypercore is now live on NEAR Intents.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$BTC $ETH $SPX500 $NSDQ100 $OIL PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?Clere to grab the Altcoin Profit Toolkit — 8 structured modules + 3 indicators including the Smart Exit Decoder that shows overbought conditions on multiple timeframes, helping you scan, enter, and exit trades like a pro trader.Written by Timothy Assi, an Elite Popular Investor on eToro.Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.Connect with me on:🟦 Linkedin: Timothy Assi🟪 Instagram: @panic_drop⬛ X: @timoassi📧 [email protected]🟩 Panic Drop Podcast : on your favorite streaming appwww.panicdrop.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit panicdrop.substack.com/subscribe