Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Red As Iran Hits US Bases In Jordan

Nischal Shetty, Founder, WazirX:"China's manufacturing PMI improved to 49.8, while stronger Japanese production and retail sales supported economic confidence and crypto risk appetite. However, hawkish Jackson Hole signals raised September Fed hike expectations to 57%, lifting Treasury yields and the dollar. This could restrict liquidity, slow institutional capital rotation into Bitcoin and Ethereum, and increase pressure on altcoins. Higher oil prices also reinforced inflation concerns. Overall, Asian growth signals support crypto demand, but tighter financial conditions may limit broader market momentum in the near term.Bitcoin trades near $77,728 with a constructive daily structure. Immediate support lies around $76,900-$77,200, while $78,300-$78,500 forms resistance. Holding support could sustain buyer control; clearing resistance may strengthen momentum, whereas losing support would shift attention toward the secondary $73,900-$74,000 zone.Ethereum trades near $2,416 with a constructive daily structure. Immediate support sits around $2,400-$2,405, while $2,420-$2,460 forms resistance before the psychological $2,500 level. Futures traders may assess daily volume, open interest, and funding before treating any resistance test as confirmed.Uniswap trades near $5.10 with a bullish daily structure, although RSI near 70 indicates stretched momentum. Immediate support lies around $5.00-$5.04, while $5.15-$5.20 forms resistance. Holding support could preserve buyer control; losing it would expose secondary support around $4.55-$4.60.Global risk appetite remained selective as US equities posted limited declines, with the Dow nearly flat and the VIX easing by 0.55%, indicating contained volatility. Asian gains in the Sensex and Singapore market provided regional support despite weakness elsewhere. Gold fell 0.97%, suggesting limited movement toward traditional defensive assets, while oil rose 2.13%. Crypto's continued strength amid mixed equities highlights sustained participation and its growing appeal as investors diversify beyond conventional markets during the session.Institutional demand remained strong as US spot Bitcoin ETFs attracted $924.48 million, despite Friday's $201.81 million outflow, while Ethereum ETFs added $824.42 million. Bitcoin traded near $77,728 after briefly exceeding $81,000, while Ethereum held around $2,416 despite its sustained inflow streak. The divergence shows that ETF buying supports underlying demand but may not immediately lift prices. Profit-taking, exchange selling, derivatives positioning, macro uncertainty, and resistance near key levels can temporarily offset institutional purchases across broader spot crypto markets."