Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Red As Oil Tops $90 Amid US-Iran War

Nischal Shetty, founder, WazirX"Global macro conditions are becoming more supportive for crypto as reduced expectations of further Federal Reserve tightening weaken the dollar and lower short-term Treasury yields. This improves liquidity conditions and investor appetite for Bitcoin and Ethereum. However, Brent crude near $91 keeps inflation risks elevated, potentially delaying monetary easing. Long-term borrowing costs also remain restrictive, with the US 30-year Treasury yield near 5.3% and Japan's 10-year yield at 2.93%, increasing competition for institutional capital. Overall, easing US policy expectations and a weaker dollar strengthen the outlook for crypto, while Bitcoin's resilience amid elevated oil prices and bond yields highlights sustained investor demand.Bitcoin continues to trade near $64,135, with the daily technical setup showing a mild bearish bias as the momentum offsets mixed moving averages. The $63,740-$64,000 area represents immediate support, while $64,150-$64,300 forms the first resistance zone. For futures traders, a sustained move above $64,300, supported by stronger volume and open interest, could indicate improving participation.Ethereum is trading near $1,898, with its daily technical structure remaining comparatively constructive despite mixed momentum indicators. Immediate support is concentrated around $1,885-$1,893, while $1,917-$1,920 represents the first resistance band ahead of the psychological $2,000 level. Holding above support while testing resistance could strengthen positioning, although futures traders may seek confirmation through volume and funding rates.Global risk appetite remained selective as US equities eased, with the Dow and S&P 500 declining about 0.5%, while the Nasdaq fell 0.32%. Asian performance was mixed, although South Korea's KOSPI gained a strong 1.55%. Gold declined 0.41%, suggesting limited demand for traditional defensive assets, while oil rose 0.59%. Despite softer equities and a higher VIX, crypto remained comparatively resilient, indicating that investor participation and demand for digital assets continue to hold firm.Institutional ETF activity moderated last week, with US spot Bitcoin funds recording $389.7 million in net outflows, their largest weekly withdrawal in roughly six weeks. Ethereum ETFs posted a limited $2.26 million outflow, while cumulative inflows remained near $11.45 billion and assets stood around $10.52 billion. Bitcoin held near $64,000, and Ethereum remained near $1,900, suggesting spot buying, holder accumulation, and derivatives activity absorbed ETF selling. This resilience suggests consolidation, rather than a broad institutional retreat from crypto markets."