Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse

Trump, Xi Put Hormuz, Iran, Trade, Taiwan At Center Of Historic Beijing Summit President Trump and Chinese President Xi Jinping are currently seated at the main table at a state banquet. President Xi called the visit historic, and said U.S.-China ties are "stable" amid talks with Trump's team. President Xi offers a toast at the state banquet dinner in Beijing: "To the bright future of China-U.S. relations, and the friendship between the two peoples, and to the health of President Trump and all of the friends present." pic.twitter.com/VmJeU4Xk1f — Rapid Response 47...

On this episode of Power and Market, we feel compelled to discuss this week's State of the Union speech.

Oil Soars On Saudi-Houthi Missile Attack; Trump Reinstates Iran Blockade, Floats 20% 'Reimbursement' Summary Reports of Houthi missiles launched on Saudi Arabia: oil extends gains near month-highs. Trump says US blockade of Iran ports 'reinstated': states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit. CENTCOM affirms with closure message. Strikes escalated over weekend: US hit over 140 Iranian military targets; Iran attacks US-linked facilities across the Gulf. Shipping tensions boil: Iran claims the strait is closed, but commercial vessels continue transiting under US protection. Oil prices climb:...