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MARKET WRAP · April 29, 2026 · 21:15 UTC

produces the most oil in the world.

MARKET WRAP · April 29, 2026, 21:15 UTC

▼ The U.S. produces the most oil in the world. So why are gasoline prices so high? ▲ Bitcoin ETFs see $823M inflows led by BlackRock’s IBIT amid US-Iran tensions ▲ Trump Blockade, Macklem Comments Cause Canada Bonds to T…

Closing Prices

BTC:

$75,699

· ETH:

$2,243

· SOL:

$82.64

· GOLD:

$4,548

· SPY:

$711.58

(-0.5%) · QQQ:

$661.57

(-0.4%) · VIX:

$18.81

(+5.5%) · TLT:

$85.7

(-0.7%) · DXY:

$98.94

(+0.3%) · OIL:

$108.49

(+8.6%)

Evening News

▼ The U.S. produces the most oil in the world. So why are gasoline prices so high? ▲ Bitcoin ETFs see $823M inflows led by BlackRock’s IBIT amid US-Iran tensions ▲ Trump Blockade, Macklem Comments Cause Canada Bonds to Tumble ▲ Paul Tudor Jones: Bitcoin’s value is rising amid dollar decline, predicting $200,000 to $3 ▼ Celsius Founder Alex Mashinsky Banned From Crypto Industry in $10 Million FTC Settlement ▼ Bitcoin Dips Under $76K as Fed Holds Rates in Rare 8-4 Split

Scenario Shifts

▲ Late Cycle: Fed split decision suggests policy uncertainty typical of cycle peaks ▼ Goldilocks: Fed split and geopolitical tensions disrupt balanced growth narrative ▲ Stagflation: High energy prices despite production capacity plus rate policy uncertainty ▲ Hegemony: US-Iran tensions and dollar dynamics reinforce power competition themes ▲ Displacement: Bitcoin institutional adoption accelerates amid traditional system stress

Regime Check

Risk-on · Neutral

· OVERHEATING · Gauge: 23/100

Upcoming — High Impact

US Trade Balance (billion USD)(Apr) — May 9, 12:30 PM UTC Trade Balance (billion USD)(Apr) — May 8, 04:05 PM UTC (prev: 51.13) US University of Michigan Consumer Confidence Index (Preliminary)(May) — May 8, 02:00 PM UTC (prev: 49.8) US Unemployment Rate(Apr) — May 8, 12:30 PM UTC (prev: 4.3%) US Seasonally adjusted changes in non-agricultural employment population (thousands)(Apr) — May 8, 12:30 PM UTC (prev: 178) EU Retail Sales (MoM)(Mar) — May 7, 09:00 AM UTC (prev: -0.2%)

Contrarian

• Bitcoin's dip to $75K on Fed news may be temporary noise - institutional flows and geopolitical dema • High gas prices despite US oil leadership might signal domestic refining bottlenecks rather than sup agentcanary.ai | Not financial advice