No Ceiling? Bitcoin Surpasses $110,000 for the First Time Ever [3-Minute Brief]

[At a Glance]
① Bitcoin hits all-time high for the first time in 16 years and 4 months
② US 30-year Treasury yield surpasses 5% again
③ OECD releases report on 'Children's Lives in the Digital Age'

MARKET INDEX : Year to date

○Trump's tax cut plan passes the House by a single vote

○Senate vote remains... Will bond vigilantes make another move?

○US Treasury yields stabilize after sharp rise... Dollar also strengthens

Top3 NEWS

■ Unstoppable Bitcoin... Surpasses $110,000 for the first time ever

○Trump's campaign pledges clear Congressional hurdles
○Drives Bitcoin's rally
○Altcoins such as Ethereum also show strong performance

■ '30-year 5%' US Treasury yield surges again... Fears of fiscal deterioration grow due to Trump tax cuts (Comprehensive)

○Highest level since the end of October 2023
○Driven by pressure to pass Trump’s tax cut plan
○Following Moody’s downgrade of the US, concerns over widening fiscal deficit spread

■ "Relying on social media for appearance validation and to alleviate loneliness"... Female adolescents fall deeper into social media

○Female adolescents experience greater online distress, including cyberbullying
○High-income children use digital devices for studying... Low-income children use them for 'gaming'
○Offline loneliness negatively impacts online life... A simplistic approach is not sufficient

Graphic News: Duty structure introduced, but only burdens increased and financial accidents did not decrease

○Although the duty structure for banks was formally introduced, financial accidents continue

○Number of financial accidents disclosed in the first half of this year surged threefold compared to the first half of last year

○Need to focus more on prevention than sanctions and consider ways to improve the effectiveness of the system

the Chart: Doosan Enerbility hits record highs on consecutive days as foreign and institutional investors buy aggressively

○Rising for 10 consecutive days recently... Setting new record highs each day

○Sustained inflows from foreign and institutional investors

○Expectations driven by nuclear power plant orders and benefits from AI data centers

Today's Key Schedule

○Domestic

KOSDAQ Intocell listing, confirmed offering price 17,000 KRW

KOSDAQ Kistron subscription, confirmed offering price 3,600 KRW

○Overseas

15:00 Germany GDP (QoQ) (Q1)

21:30 US Building Permits (April)

21:30 Canada Core Retail Sales (MoM) (March)

23:00 US New Home Sales (April)

◇Lunch & Evening Commute Weather

○Lowest temperature 16°C (▼4°C) ｜Highest temperature: 23°C (▼4°C)
○Precipitation probability: 30% in the morning｜30% in the afternoon
○Fine dust: Moderate in the morning｜Moderate in the afternoon

3 minutes is all you need. Essential, high-value economic news. Published daily at 8:00 AM.