Nasdaq Futures

SpaceX has raised $40 billion in callable debt to buy GPUs, supported by revenue from Starlink and rocket launches. Elon Musk warned that debt markets have tightened sharply for AI data center-dependent neoclouds, raising concern across risk assets.

Bitcoin and gold pared early losses during Asian trading as the Japanese yen surrendered gains and regional equities steadied. Still, heavy crypto liquidations, spot bitcoin ETF outflows and WTI futures near $100 kept traders cautious about the durability of the rebound.

Bitcoin hovered near $82,500 as global markets turned higher on stronger Chinese economic data and easing oil prices. Nasdaq futures and key Asian equity indexes also rose as investors returned to risk assets after last week’s technology led losses.

Bitcoin came under renewed pressure after hotter-than-expected U.S. inflation data revived concern that the Federal Reserve could raise interest rates in October. The move came alongside weaker global equities, spot bitcoin ETF outflows, and fading liquidity across risk assets.

Bitcoin recovered above $83,000 after briefly slipping below $81,000, diverging from a sharp selloff in Korean chip stocks and softer Nasdaq futures. Traders are watching Thursday’s U.S. CPI report as oil strength and inflation concerns keep risk appetite fragile.

Bitcoin extended its pullback as fresh U.S. airstrikes on Iran added to geopolitical uncertainty and weighed on risk sentiment. Renewed concerns over U.S.-China frictions also pressured the Australian dollar, a closely watched risk proxy.