Investor caution is rising ahead of Tuesday’s market open, with a clear shift toward risk-off assets as tensions in the Middle East continue to roil markets.
On the fourth day of the conflict, pre-market trading shows heightened volatility, with investors moving into the U.S. dollar and closely monitoring energy markets.
Bitcoin has declined roughly 3% over the past 24 hours, dropping below $67,000 after briefly reaching $70,000 on Monday. In equities, the Invesco QQQ ETF ended Monday slightly higher but is down about 2% in pre-market activity.
Precious metals are also under pressure. Gold remains above $5,300 per ounce, while silver has fallen roughly 4% to around $85 per ounce.
Energy markets are on the rise. WTI crude oil is trading above $74 per barrel, up 5% over the past day and approaching Sunday’s futures highs just above $75.
The U.S. dollar is strengthening sharply, with the DXY index climbing above 99—the highest level since Jan. 20—as investors seek safety amid market uncertainty.
Treasury yields are edging higher across the curve. The U.S. 10-year yield is holding above 4% and pushing toward 4.1%, reflecting ongoing rate pressure.
Crypto-related equities are tracking bitcoin’s losses. Strategy (MSTR), the largest publicly traded corporate holder of bitcoin, is down about 2%. Coinbase (COIN) has fallen 5%, Galaxy Digital is off 3%, and AI-focused miners IREN (IREN) and Cipher Digital (CIFR) are each down roughly 4% in early trading.
