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MARKET WRAP · April 8, 2026 · 21:15 UTC

▲ Bitcoin’s rebound may be fragile as Wall Street warns Hormuz disruption is not really…

MARKET WRAP · April 8, 2026, 21:15 UTC

▲ Bitcoin’s rebound may be fragile as Wall Street warns Hormuz disruption is not really over ▲ Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs ▲ Fed’s March minutes supported continued policy easi…

Closing Prices

BTC:

$71,364

· ETH:

$2,210

· SOL:

$83.23

· GOLD:

$4,730

· SPY:

$676.01

(+2.6%) · QQQ:

$606.09

(+3.0%) · VIX:

$21.04

(-18.4%) · TLT:

$86.92

(+0.3%) · DXY:

$99.05

(-0.6%) · OIL:

$96.5

(-14.6%)

Evening News

▲ Bitcoin’s rebound may be fragile as Wall Street warns Hormuz disruption is not really over ▲ Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs ▲ Fed’s March minutes supported continued policy easing ▲ Here’s Why The Bitcoin, XRP, And Dogecoin Prices Are Surging Today ▲ NZD/USD Price Forecast: Rallies above 0.5800, eyes on 200-day SMA ▲ Forex Today: FOMC Minutes reinforce 'higher-for-longer' as markets digest the ceasefire

Scenario Shifts

▲ Late Cycle: Fed easing signals and mining stress suggest economic maturity ▲ Recession: Mining capitulation and demand moderation indicate weakness ahead ▲ Goldilocks: Fed easing with crypto recovery suggests managed slowdown ▲ Stagflation: Geopolitical tensions maintain inflationary supply risks

Regime Check

Risk-off · Neutral

· EXPANSION · Gauge: 60/100

Upcoming — High Impact

EU Consumer Price Index (YoY)(Final)(Mar) — Apr 16, 09:00 AM UTC (prev: 2.5%) EU Consumer Price Index (MoM)(Final)(Mar) — Apr 16, 09:00 AM UTC (prev: 1.2%) Total retail sales of consumer goods (YoY)(Mar) — Apr 16, 02:00 AM UTC (prev: 2.8%) GDP (YoY)(Q1) — Apr 16, 02:00 AM UTC (prev: 4.5%) GDP (QoQ)(Q1) — Apr 16, 02:00 AM UTC (prev: 1.2%) Seasonally adjusted unemployment rate(Mar) — Apr 16, 01:30 AM UTC (prev: 4.3%)

Contrarian

• Bitcoin miner selling could signal capitulation bottom rather than continued weakness • Fed easing momentum may be overstated given persistent geopolitical inflation risks agentcanary.ai | Not financial advice