Biswap USD Price & Performance (BSWUSD)

The Sydney housing market is seeing a resurgence in buyer demand following February's interest rate cut, but affordability and supply constraints persist. Median property prices have shown moderate month-on-month increases. High immigration and low vacancy rates are expected to keep pressure on the market, particularly in affluent and infrastructure-boosted suburbs.1

Crypto-related stocks, including Strategy, Inc., rallied after the Fed held interest rates steady, signaling economic resilience. Bitcoin's price, trading near $85,500, supported the surge. Strategy, the largest corporate Bitcoin holder, has benefited from the positive sentiment, as investors find confidence in the Fed’s decision to avoid rate hikes.2

Authorities have charged three individuals and seized over $5.5 million worth of MDMA in a wide-ranging drug investigation. The operation, spanning multiple states, uncovered large-scale manufacturing and distribution networks. A recent arrest in Byron Bay yielded 28.2kg of MDMA and cash, highlighting the syndicate's extensive operations.3