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Crypto Markets Surge as Bitcoin Leads

Ackman Urges China to Settle Quickly and Apple Faces Trade War Pressures

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CRYPTO
Crypto Markets Surge as Bitcoin Leads

Bitcoin (BTC) extended its spring rally on Friday, poised for its strongest weekly performance since Trump’s election win. The leading cryptocurrency hovered near $95,000, gaining 1.8% over 24 hours. Ethereum (ETH) also rose 2%, while Sui (SUI), Bitcoin Cash (BCH), and Hedera (HBAR) led the CoinDesk 20 Index.

BTC has surged over 11% since Monday, marking its best week since November 2024 when Trump’s victory ignited a crypto boom. Investor sentiment is rebounding, with spot Bitcoin ETFs in the U.S. recording $2.68 billion in net inflows—the most since December.

Bitcoin’s strength versus stocks and gold highlights its growing decoupling from traditional assets. David Duong of Coinbase noted this shift may signal BTC’s maturing role as a store of value. Meanwhile, corporate treasuries are increasingly adopting Bitcoin, and market liquidity remains thin, making price swings of 10% common. Experts predict BTC could rally to $133K-$136K by early 2026.

Elon Dreams, Mode Mobile Delivers

As Elon Musk said, “Apple used to really bring out products that would blow people’s minds.”

Thankfully, a new smartphone company is stepping up to deliver the mind-blowing moments we've been missing.

Turning smartphones from an expense into an income stream, Mode has helped users earn an eye-popping $325M+ and seen an astonishing 32,481% revenue growth rate over three years.

They’ve just been granted the stock ticker $MODE by the Nasdaq—and the share price changes soon.

*An intent to IPO is no guarantee that an actual IPO will occur. Please read the offering circular and related risks at invest.modemobile.com.
*The Deloitte rankings are based on submitted applications and public company database research.

FINANCE
Ackman Urges China to Settle Quickly

Billionaire hedge fund manager Bill Ackman believes China must strike a trade deal with the U.S. quickly, warning that a prolonged trade war would severely damage China’s economy. In a post on X, Ackman said Beijing should be “highly incentivized” to act fast, as persistent tariffs could drive companies to move their supply chains to India, Vietnam, Mexico, or the U.S. He warned that if China delays out of pride, it risks permanent economic harm.

Ackman’s view contrasts with others who argue China can endure Trump’s tariffs, noting President Xi Jinping’s resistance to U.S. overtures. Trump has imposed 145% tariffs on most Chinese goods, leading to heavy retaliation. However, Bloomberg reported that China might suspend some tariffs to ease the economic strain. Ackman argued both sides should quickly lower tariffs to a more manageable 10%-20% but are stalling to avoid appearing weak. Ackman, once a Democrat donor, now supports Trump on several key issues.

TECH
Apple Faces Trade War Pressures

Top analyst Craig Moffett says Apple’s plans to shift iPhone assembly to India are unrealistic. In a client memo, Moffett warned that moving assembly won’t solve tariff issues, as most components would still come from China. Speaking to CNBC, he emphasized that while the move could help slightly, the real challenge is diversifying Apple's supply chain away from China.

He cautioned that a global trade war impacts both costs and sales, and relocating assembly might not protect Apple from broader demand declines. Moffett recently cut his Apple price target from $184 to $141, the lowest on Wall Street, citing valuation concerns rather than company fundamentals. He added that U.S. carriers won’t absorb tariff costs, meaning higher phone prices could weaken consumer demand. Rising competition from Chinese brands like Huawei and Vivo could also hurt Apple’s sales. Despite last week’s gains, Moffett sees tough challenges ahead as Apple prepares to report earnings.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.