🌙 Crypto Markets Dip on Powell’s Comments
The cryptocurrency market experienced volatility on Tuesday following Federal Reserve Chair Jerome Powell’s latest comments on interest rate cuts, and news that the Senate passed President Donald Trump’s so-called “One Big Beautiful Bill.”
🌙 Bitcoin Holds Steady at $107K as Jobless Claims Beat Expectations
Experts partly attributed today’s market volatility to cautious investor sentiment following the jobless claims report released this morning.
🌙 Crypto Rally Stalls as Fed Chair Powell Signals Caution
BTC rose 1.7% to $107,500 while the total crypto market cap dipped 1%.
🌙 Senate Passes GENIUS Stablecoin Bill
The GENIUS Act establishes the first federal framework for dollar-pegged stablecoins.
🌙 Tron Plans to Go Public
The Layer 1 blockchain plans to go public via reverse merger with a Trump-linked company.
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