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Bitcoin dropped below $63,000 as tariff policies and AI fears triggered $368 million in liquidations. Analysts warn that failing to hold the $60,000 support level could lead to a deeper correction toward the $50,000 range.

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Gold has surged past $5,000 as price action decouples from traditional drivers like interest rates. Rockefeller’s Ruchir Sharma characterizes the rally as a pure momentum play fueled by massive ETF inflows.

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Fuel taxes remain the primary tool for pricing carbon, with European nations leading global adoption. While the US lags behind most developed peers, major emitters China and India maintain even lower effective tax rates on energy use.

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