WS #8994

The dominant theme in this window is a broad crypto selloff, with Bitcoin, Ethereum, and Solana plunging over 10% in a week. Over half of Bitcoin in circulation is underwater. This is corroborated by price data showing BTC at $63,560 (-3.16%), ETH at $1,772 (-2.62%), and XRP at $1.16 (-4.36%). Separately, a Bloomberg report indicates no progress in US-Iran talks and Hezbollah rejecting a truce, keeping geopolitical risk elevated. On the corporate side, Amazon (AMZN) is defying the tech slump with a €10B robotics expansion in Europe, while Apple's revamped Siri may run on Nvidia chips from Google, a potential positive for NVDA and GOOGL. John Bolton is reported to be pleading guilty to retaining classified information, a non-market story. OPEC+ oil quota restoration is nearly complete, casting doubt on further supply increases, which could cap oil price upside. The IPO market shows activity: INNIO Group opened 15% higher, Quantinuum opened at $70 vs $60 IPO price, and SpaceX IPO roadshow starts at $135/share ($1.77T valuation).