Bitcoin held steady above $81,000 after briefly climbing to $82,026 overnight, showing resilience despite mounting pressure across global markets.
In Tuesday’s Asian session, BTC traded just above the $81K mark. Among major altcoins, Solana and Dogecoin led gains, each rising करीब 2%. BNB advanced 1.7% to around $662, while XRP added roughly 1% to trade near $1.46. Ether underperformed slightly, slipping about 0.8%.
Crypto markets remained relatively firm even as macro risks intensified. Investor Michael Burry, known for calling the 2008 financial crisis, warned that U.S. equities may be approaching bubble conditions. He pointed out that the Nasdaq 100 is trading at about 43 times earnings—well above a more sustainable level near 30—and likened the current setup to a crash waiting to unfold.
Burry also highlighted the Philadelphia Semiconductor Index, which has surged around 70% since late March, describing the move as a parabolic rise in tech valuations. He cautioned that earnings expectations, particularly in AI-driven sectors, may be overly optimistic and advised reducing exposure.
At the same time, geopolitical tensions added to market uncertainty. Brent crude rose nearly 1% to trade above $105 per barrel after renewed doubts over a potential ceasefire with Iran. Comments from U.S. President Donald Trump raised concerns that disruptions in the Strait of Hormuz could continue, supporting oil prices and adding to inflation pressures.
Safe-haven demand strengthened the U.S. dollar against major currencies, while the 10-year Treasury yield climbed to 4.42%, reflecting a broader shift away from risk assets.
Equity markets across Asia pulled back from recent highs. South Korea’s Kospi dropped as much as 5.1% intraday after policy proposals tied to taxing AI profits triggered volatility. The MSCI Asia Pacific index swung between gains and losses, while European futures pointed to a weaker open. U.S. stock futures also edged lower following a record close in the S&P 500, which capped a six-week rally of more than 16%.
Markets are now focused on upcoming U.S. inflation data, which could play a key role in shaping expectations for Federal Reserve policy. Investors will be watching closely to assess how rising energy prices and geopolitical tensions are feeding into consumer prices.
A stronger-than-expected inflation reading, combined with elevated oil prices and Burry’s bearish outlook, could weigh on risk assets—particularly the AI-led equity rally. On the other hand, a softer print may offer temporary support for both traditional markets and cryptocurrencies.
