Markets Brace for Warsh Fed Decision as Crypto PACs Flex Political Muscle

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Welcome to Stock Market Today, your market briefing with actionable insights on stocks, bonds, crypto, and the events moving markets. Let's get into it. Markets are locked on the Fed. Chair Kevin Warsh delivers his first rate decision at 2 p.m. Eastern, no change priced in, but traders want the dot plot in his inflation tone. Bitcoin sits at $64,970, down slightly as risk appetite fades. Ethereum at $1,757.
Uniswap surged 22% to $3.34 after Standard Chartered initiated coverage with $100 2030 target. Crypto packs just flexed serious political muscle. Fairshake dropped $12 million backing Barry Moore in Alabama Senate runoff. He won with 56%.
Moore voted yes on every major crypto bill in Congress. The industry's war chest still holds $164 million with midterms approaching. Coinbase launched tokenized stocks backed one-to-one by real equities with dividend payments, AI-powered investment advisors, options trading for crypto and stocks, and pre-IPO perpetual futures.
International launched next month. Meanwhile, Illinois Governor Pritzker signed a 0.2% tax on all crypto transactions starting January 2027, first state to tax digital assets this broadly. Traditional markets diverged hard. Dow hit $52,000 for the first time, up 0.6% on falling oil prices. But the Nasdaq dumped 1.2% as chips sold off. Brent crude crashed below $79 per barrel after the U.S.-Iran deal opened the Strait of Hormuz. Hyperliquid hit $10 billion in open interest, making it the third largest perps exchange globally. Hype token up 34% this week. But Bitcoin mining stocks face a $50 billion funding gap as they pivot to AI infrastructure.
WildStat, SpaceX market cap, hit $2.6 trillion, nearly double Bitcoin's entire $1.2 trillion network valuation. The company's trading at 130 times sales eight days post IPO. That wraps your market intel. Trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot.io.