Table of Contents

• Bitcoin

• Delta

Top Stories Today

Bitcoin

Bitcoin pushed to a fresh peak on Thursday, extending yesterday’s gains as traders moved back into riskier assets and those wagering on a decline were forced to close positions. The coin was trading near $113,459, after an intraday touch around $113,863, and roughly $318 million of forced closures occurred on centralized platforms over 24 hours. The unwind of leveraged bearish bets, where rising prices compel holders to buy back exposure, helped amplify the advance. Other tokens lifted alongside bitcoin (Ether and Solana up about 2%; Dogecoin and Cardano’s token jumped over 5%; XRP and Litecoin roughly +3%), and crypto-focused stocks also rose (Mara and Riot +~2%; Coinbase and Robinhood about +4%). The move follows a narrow trading band in recent weeks despite large inflows into bitcoin ETFs, institutional buying and renewed optimism on stablecoin rules, plus a risk-on session that sent the Nasdaq to a record, all fed expectations for higher prices into H2.

Delta

Delta Air Lines on Thursday reaffirmed its full‑year 2025 profit forecast, now $5.25 to $6.25 per share, after warning back in April that uncertain tariffs and hesitant travelers had hurt bookings. CEO Ed Bastian said reservations have rebounded to a steadier pace, though still below the levels predicted at the start of the year, and investors responded by driving the stock up 11%. In Q2, Delta delivered adjusted earnings of $2.10 per share on $15.51 billion in revenue, both slightly above Wall Street’s targets, and it expects Q3 profits of $1.25 to $1.75 per share with flat to 4% revenue growth. To manage shifting demand, the carrier plans targeted capacity cuts after the summer peak and is trimming flights outside peak travel windows. Delta also saw strong performance from premium seating and its American Express partnership, premium revenue climbed 5% even as main‑cabin ticket sales dipped 5%, and continues upgrading its airport lounges to ease crowding for top‑tier flyers.

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