A single Hormuz headline repriced every asset class Tuesday. Oil crashed more than 5%, the 10-year yield fell to 4.62%, and the Dow closed above 54,000 for the first time ever. Yet AMD fell nearly 9% after hours despite record revenue, and Bitcoin managed less than 1% while gold gained 2%. Here's what moved, why it moved, and what to watch today.

Bitcoin climbed back above $63,000 after a brutal week, Standard Chartered's digital assets lead is calling this the crypto winter bottom, and SpaceX's blockbuster IPO is shaking up liquidity across markets. Here's the full breakdown of today's biggest crypto moves.