According to @CNBC, rare earths made gains in U.S. premarket trading amid the U.S. effort to reduce China’s dominance in the industry, signaling early demand for critical minerals equities; source: CNBC, https://www.cnbc.com/2025/10/20/rare-earths-gain-amid-us-effort-to-beat-chinas-dominance.html, Oct 20, 2025. China accounts for over 80% of global rare earth refining capacity, making supply-chain policy headlines market-moving for miners and magnet producers; source: International Energy Agency (IEA), The Role of Critical Minerals in Clean Energy Transitions, https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions. For crypto traders, IMF research shows crypto and equities have become increasingly correlated, making broader risk sentiment from U.S.-China supply chain headlines a key watch for BTC volatility; source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, https://www.imf.org/en/Blogs/Articles/2022/01/11/crypto-prices-move-more-in-sync-with-stocks-posing-new-risks.

According to @CNBC, European markets are set to open lower as a rocky week continues, signaling a weaker cash open for major indices. According to @CNBC, Volvo met expectations, putting the autos sector in focus at the European open. According to Kaiko Research, BTC’s correlation with major equity indices has turned positive during several past risk episodes, so crypto traders may watch the European cash open for cross-asset risk cues.

According to @business, insurance-related stocks extended a selloff on Thursday after weak earnings from Marsh McLennan, Progressive, and Travelers pressured the sector. According to @business, the results cast a pall over the group and stoked growth concerns that weighed on sentiment. According to Kaiko (Q2 2024 Market Report), BTC has at times maintained a positive rolling correlation with U.S. equities, making equity-driven risk-off episodes relevant for crypto positioning.