Morning Briefing

Here is your tailored market and macro-overview for Friday, September 25, 2026. 

📈 Market Trade Setups & Assets

• Bitcoin (BTC): Bitcoin is trading at $84,936.62. While it recently dipped slightly below its $85,000 baseline due to surging 10-year Treasury yields, it remains strongly supported by six consecutive days of net ETF inflows and aggressive whale accumulation near the $84,000 support level. 
• Strive Inc. (ASST): ASST is showing solid pre-market momentum, currently up 4.66% at $30.34 (following yesterday's close of $28.99). The stock has experienced a notable 51% rally over the past month, fueled by its ongoing Bitcoin treasury expansions. 

🔎 Macro Briefing & Central Bank Updates

• Federal Reserve Policy Pressures: Federal Reserve Governor Michael Barr stated that further interest rate adjustments are "likely" to be required to sustainably drag inflation back down to the central bank's 2% target. This follows the Fed's quarter-point rate hike last week under Chairman Kevin Warsh. 
• Economic Heat Indicators: The hawkish stance from Fed officials is being heavily reinforced by macro data. S&P Global flash US Composite PMI output index just surged to its highest level since July 2021, showing robust business activity that may delay near-term monetary easing. 
• Bond Market Volatility: G7 bond yields have broken out to fresh multi-decade highs, with the US 10-year Treasury yield holding firmly above 5%. This dramatic bond rout is pulling capital toward safer dollar assets, acting as a temporary headwind for speculative tech and crypto equities. 
• Geopolitical Relief: On the global front, tech futures are stabilizing this morning as oil prices ease slightly. Iran's Foreign Minister Abbas Araghchi has floated a proposal to reopen the Strait of Hormuz within seven days and resume nuclear discussions if conditions are met, cooling immediate energy supply fears. 

For a detailed breakdown of how surging treasury yields and the shifting yield curve are impacting Wall Street, watch this visual analysis: