CoreWeave surged 16% after hours on stronger-than-expected sales growth, and Super Micro Computer rose almost 8% on a revenue forecast above estimates, lifting Nasdaq 100 futures.
Oil kept climbing. Brent rose over 1% to $90 a barrel, a sixth straight session of gains and its longest run since April, with traders still doubtful about a Middle East deal.
Jeff Mei, chief operating officer at BTSE, said the week’s direction rests on the inflation print and on whether Iran and the U.S. reach a deal over the Strait of Hormuz.
“Last week’s US job numbers were weak — a continuing narrative supporting this trend and lower inflation would cement expectations for Fed cuts by year-end, boosting liquidity and risk assets like Bitcoin,” Mei said.
“Traders should watch for any hawkish pushback from Fed speakers, but the macro setup could lead to a relief rally if this week’s CPI numbers are lower than expected,” he added.
July inflation data is due at 8:30 a.m. ET, with oil’s run feeding directly into it.
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Shaurya Malwa
https://www.coindesk.com/markets/2026/08/12/dogecoin-and-bnb-lead-majors-higher-as-bitcoin-slips-near-usd63-700
2026-08-12 04:53:00
