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Today is Monday, October 13, 2025.
The Early Bird Index today is 85.58.
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Ethereum Rebounds from Chaos
The price of Ethereum $ETH.X ( ▲ 1.63% ) jumped about 12% on Sunday, rebounding after the cryptocurrency market experienced a major sell-off late last week.
Background: Trade tensions escalated between the United States and China late last week, causing both stocks and cryptos to fall. The price of Etherem fell about 12% on Friday.
Recent Developments: The trade chaos cooled off on Sunday as representatives from both countries signaled easing tensions. That’s what caused Ethereum’s price to recover on Sunday.
Early Bird’s Nest Egg Gains: Donald Trump’s recent announcement of a 100% tariff on Chinese goods and new export controls triggered a sharp sell-off across the crypto market, including Ethereum, as investors feared the impact on global economic growth and technology supply chains.
The sell-off coincided with weekend market illiquidity, worsening price drops, and triggering the largest single-day crypto liquidation in history.
The market's sensitivity to geopolitical risk shows how closely crypto assets react to macroeconomic and policy shocks.
Other altcoins also experienced similar declines last week.
Final Thoughts: The price of Ethereum is still up about 25% this year, but it is down over 11% in the last 30 days.
This Technology Makes Every City a Potential Surf Destination
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Surf tourism is a $65B global industry, yet fewer than 1% of people live near real waves. Licenses sold across the U.S. and Australia, with plans for a first commercial park in the works.
3x world champ Tom Curren and surf icon Mark Occhilupo have joined as ambassadors and shareholders. Even actor Chris Hemsworth has praised Surf Lakes.
You have until October 30th at 11:59 PM PT to invest in Surf Lakes.
This is a paid advertisement for Surf Lakes’ Regulation CF offering. Please read the offering circular at https://invest.surflakes.com
Notables
Notable Earnings Today: Fastenal (Nasdaq: FAST).
Notable IPOs Today: N/A.
Notable Equity Crowdfunding Campaigns Ending Today: Patio29 Spirits Company (StartEngine), TableOne (Wefunder), Firesale (Wefunder).
Notable Economic Events Today: N/A.
Caterpillar's New Acquisition
Keep an eye on the price of Caterpillar $CAT ( ▲ 1.3% ). The construction and mining equipment manufacturer announced Sunday that it agreed to acquire the mining software company RPMGlobal Holdings.
Details: The agreement requires approval from shareholders and regulators.
Quote: “Their software solutions complement Caterpillar's existing technologies, especially in areas such as asset management, fleet management and autonomy.” - Denise Johnson, group president, Caterpillar Resource Industries.
Final Thoughts: Shares of Caterpillar are up 36.56% this year, including a 13% gain in the last 30 days.
Jefferies Sees “Minimal” Impact
On Sunday, Jefferies Financial Group $JEF ( ▲ 0.7% ) said in a letter that the company’s exposure to First Brands, which recently entered bankruptcy, is “indirect and minimal.”
Background: First Brands is a major U.S.-based supplier of aftermarket auto parts that filed for Chapter 11 bankruptcy protection. Media reports disclosed that Jefferies had financial exposure to the company, which concerned investors.
Final Thoughts: Shares of Jefferies are down over 23% in the last 30 days, partly due to the First Brands exposure.
Trends to Watch
Battle for the Future of Media: Paramount Circling Warner Bros. Discovery After Rebuffed Approach (Wall Street Journal)
Riding High: Wall Street investment banking revenues poised to top $9bn (Financial Times)
Inflation Pain: Trump keeps saying he’s ‘defeated’ inflation but coffee is 21% more expensive and groceries just had their largest non-pandemic jump in a decade (Fortune)
Open to a Deal: Trump, Vance Open Door to China Deal as Trade Spat Drags On (Bloomberg)
Reimbursement: Binance shells out $283 after token depegs rock market (Cryptopolitan)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.
