According to @KookCapitalLLC, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% while major altcoins like Ether (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) saw steeper declines of 5-7%. The downturn in risk assets is linked to macroeconomic pressures, including potential U.S. tariff measures and heightened geopolitical tensions involving Iran, as mentioned in the source. Despite this, weakening U.S. economic data, such as a softer Producer Price Index and rising jobless claims, could potentially force the Federal Reserve to adopt a more dovish monetary policy, which may benefit crypto in the long term. In a counter-trend, the USELESS memecoin has surged to a valuation near $100 million by embracing its 'useless' identity. A key backer, Unipcs, argues that since all memecoins are technically useless, USELESS is the most honest and therefore has significant upside potential compared to established coins like Dogecoin or PEPE.

According to @FoxNews, the cryptocurrency market is experiencing a significant downturn, with Bitcoin (BTC) falling 3.8% amid escalating geopolitical tensions between the U.S. and Iran. The selloff was reportedly triggered by President Trump's statements, which increased the perceived odds of U.S. military action against Iran to 65% on the Polymarket prediction market, according to the source. XBTO's Chief Investment Officer, Javier Rodriguez-Alarcón, stated that the conflict introduced a 'significant geopolitical risk premium,' causing a flight from risk assets like crypto. Altcoins such as Ether (ETH) and Solana (SOL) experienced even larger losses of around 7%, as reported in the article. Finequia senior analyst Matteo Greco highlighted the risk of renewed inflation from a potential oil price spike if the conflict disrupts production. Crypto-related stocks, including miners and exchanges like Coinbase (COIN), also saw substantial declines of 2-7%.

According to @FoxNews, odds for a 2025 U.S. recession on the prediction platform Polymarket have fallen to 22%, the lowest since late February, primarily due to easing trade tensions. In contrast, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) dropping over 2.5% to below $105,900. The report notes that altcoins such as Ether (ETH), Solana (SOL), XRP (XRP), and Dogecoin (DOGE) faced even steeper declines of 5% to 7%. This downturn in digital assets is attributed to renewed tariff threats and heightened geopolitical risks involving Iran. Despite the crypto market's negative performance, the article points to weakening U.S. economic data, including a softer Producer Price Index and rising jobless claims, which could pressure the Federal Reserve towards a more accommodative monetary policy.

According to @FoxNews, former President Donald Trump reiterated his pro-crypto stance at a Coinbase summit, promising his administration would work toward 'clear and simple market frameworks' for digital assets. Despite the initially positive remarks, the cryptocurrency market experienced a broad selloff later in the day. Bitcoin (BTC) fell over 2.5% to trade below $105,900, while major altcoins such as Ether (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) faced steeper losses of 5% to 7%. The market downturn was attributed to wider risk-off sentiment driven by Trump's threats of renewed trade tariffs and heightened geopolitical tensions involving potential Israeli strikes on Iran. Conversely, weaker-than-expected U.S. economic data, including the Producer Price Index and rising jobless claims, could potentially pressure the Federal Reserve into adopting a more dovish monetary policy, which may support risk assets like cryptocurrencies in the future.

According to @StockMKTNewz, crypto markets experienced a late-day selloff, with Bitcoin (BTC) falling below $106,000 after initially appearing resilient to renewed US tariff threats against Canada. The report highlights that altcoins like Ether (ETH), Solana (SOL), and XRP faced even steeper declines of 5-7%. Citing a Coinbase research report, the source notes that markets seem complacent about tariff risks, believing they are unlikely to be highly inflationary. However, conflicting signals emerge from weakening economic data, including a softer Producer Price Index and rising jobless claims, which could pressure the Federal Reserve to adopt a more dovish policy, potentially benefiting risk assets like cryptocurrencies. The negative sentiment was also reflected in crypto-related stocks, with Coinbase (COIN) falling 6%.

According to @stocktalkweekly, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling below $106,000. This downturn is attributed to several factors, including heightened geopolitical risk from potential new U.S. tariffs and warnings of conflict with Iran, as cited in the report. The pullback also follows profit-taking after BTC achieved its highest-ever monthly close above $107,000. Further pressure comes from weakness in U.S. tech stocks, which appeared to spill over into digital assets. While softer economic data like the Producer Price Index and rising jobless claims could suggest future easing, Federal Reserve Chairman Jerome Powell has maintained a patient stance on rate cuts. Altcoins such as Ether (ETH), Solana (SOL), and XRP (XRP) saw even steeper declines, dropping between 5% and 7%.

According to @StockMKTNewz, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure bill, providing a clearer timeline for regulatory clarity. Despite this legislative development, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% to trade below $106,000. The source reports that altcoins faced steeper declines, with Ether (ETH), Solana (SOL), and XRP dropping between 5% and 7%. This market downturn is attributed to wider risk-off sentiment fueled by President Trump's warnings of new tariffs and potential geopolitical conflict, according to the report. Weaker economic data, including a softer Producer Price Index and high initial jobless claims, also adds complexity for traders evaluating the Federal Reserve's next move.

According to @StockMKTNewz, the cryptocurrency market faced a broad selloff, with Bitcoin (BTC) falling over 2.5% to below $106,000 while altcoins like Ether (ETH), Solana (SOL), and Dogecoin (DOGE) experienced steeper declines of 5% to 7%. The downturn is attributed to renewed tariff threats from President Trump and heightened geopolitical tensions surrounding Iran, which impacted risk assets. While U.S. stocks recovered, the crypto market did not follow suit. The report notes that despite the risk-off sentiment, weakening U.S. economic data, including a softer Producer Price Index and rising jobless claims, could potentially force the Federal Reserve to adopt a more dovish monetary policy, which may benefit crypto in the long run. On a subsequent day, the market was calmer with BTC trading around $106,700, though crypto-related stocks like Coinbase (COIN) and Circle (CRCL) saw significant losses of 6% and 16% respectively.

According to @KobeissiLetter, the U.S. Federal Reserve maintained its benchmark interest rate at 4.25%-4.50%, as widely anticipated. The Fed's latest projections indicate a more hawkish long-term stance, with fewer rate cuts expected in 2026 and 2027 than previously forecasted. Policymakers also revised their outlook to show weaker economic growth, with the 2024 GDP forecast lowered to 1.4%, and higher inflation, with the PCE inflation projection raised to 3.0%. Following the announcement, the cryptocurrency market experienced a significant downturn. Bitcoin (BTC) fell over 2.5%, while major altcoins such as Ether (ETH), Solana (SOL), and XRP saw steeper declines of 5-7%. The selloff was attributed not only to the Fed's outlook but also to heightened geopolitical risks, including potential trade tariffs and Middle East tensions. Despite this, some economic indicators like a softer Producer Price Index and rising jobless claims could potentially pressure the Fed towards a more dovish policy in the future.

According to @KobeissiLetter, cryptocurrencies experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% to below $106,000 while altcoins like Ether (ETH), Solana (SOL), XRP (XRP), and Dogecoin (DOGE) saw steeper declines of 5-7%. The source attributes this risk-off sentiment to geopolitical factors, including potential U.S. tariffs and heightened tensions surrounding Iran. The U.S. Federal Reserve held its benchmark interest rate steady at 4.25%-4.50%, a move that was widely expected and had little immediate impact on BTC's price. However, the Fed's updated economic projections signal a more cautious outlook, forecasting weaker GDP growth of 1.4% and higher PCE inflation of 3.0% for the year. While policymakers still anticipate 50 basis points in rate cuts for 2025, they project a slower pace of easing in 2026 and 2027, which could weigh on risk assets like crypto in the long term.

According to @KobeissiLetter, the U.S. Federal Reserve has held its benchmark interest rates steady in the 4.25%-4.50% range, while signaling weaker economic growth and higher inflation projections for the year. The Fed's updated dot plot still indicates 50 basis points of rate cuts in 2024, but projects fewer cuts in subsequent years. The crypto market reacted with increased volatility; after an initial muted response, Bitcoin (BTC) fell over 2.5% to below $106,000 before recovering to trade near $107,000 (BTCUSD). The downturn was more severe for altcoins, as Ethereum (ETH), Solana (SOL), and XRP (XRP) experienced drops of 5%-7%. The source attributes the selloff in risk assets to rising geopolitical tensions. However, recent softer inflation data (PPI) and rising jobless claims could potentially force the Fed into a more dovish monetary policy, which may create a tailwind for cryptocurrencies.

According to @KobeissiLetter, the U.S. Federal Reserve's decision to hold benchmark interest rates steady was accompanied by a hawkish shift in its economic projections, signaling fewer rate cuts in the coming years and higher inflation forecasts. The source indicates this outlook, compounded by geopolitical tensions related to trade and Iran, contributed to a significant selloff across the cryptocurrency market. Bitcoin (BTC) experienced a slump, while altcoins like Ether (ETH), Solana (SOL), XRP (XRP), and Dogecoin (DOGE) faced steeper declines of 5-7%, according to the report. Despite the immediate bearish pressure, the source also highlights weakening economic data, such as a softer Producer Price Index and rising jobless claims, which could potentially force the Fed to adopt a more dovish stance in the future.

According to @FoxNews, Bitcoin (BTC) experienced significant volatility, initially rising after President Trump's social media post suggested massive economic growth would offset fiscal deficits. The statement, posted on Truth Social on June 29, 2025, bolstered the case for BTC and gold as inflation hedges, with crypto analyst Will Clemente noting such fiscal policy makes holding US Treasuries less attractive. This sentiment pushed BTC into a trading range between $107,194 and $108,489. However, the market later reversed, with BTC sliding over 2.5% to below $106,000 amid broader risk-off sentiment. The downturn was attributed to renewed tariff threats from President Trump and heightened geopolitical fears of a potential conflict between Israel and Iran. The selloff was more severe in altcoins, with Ether (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) falling between 5% and 7%. Despite the slump, the source notes that weakening U.S. economic data, such as a softer Producer Price Index and rising jobless claims, could eventually pressure the Federal Reserve into a more dovish stance, potentially benefiting cryptocurrencies.

According to @FoxNews, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% to below $105,900, while major altcoins such as Ether (ETH), Solana (SOL), and Dogecoin (DOGE) suffered steeper losses of 5% to 7%. The report attributes this risk-off sentiment to renewed US tariff threats and heightened geopolitical tensions in the Middle East. Despite this, a strong auction for 10-year U.S. Treasury notes reportedly challenged the narrative of investors flocking from government debt to Bitcoin. On a potentially bullish note for crypto, weak economic data, including a softer-than-expected Producer Price Index and elevated jobless claims, may pressure the U.S. Federal Reserve to adopt a more dovish monetary policy, which could benefit risk assets like cryptocurrencies.

According to @FoxNews, former U.S. President Donald Trump, speaking at Coinbase's State of Crypto Summit, pledged his administration would work to create "clear and simple market frameworks" for the crypto industry and support stablecoin legislation. Despite these pro-crypto statements, the digital asset market experienced a significant downturn. Bitcoin (BTC) price fell over 2.5% to approximately $105,900, while major altcoins such as Ether (ETH), Solana (SOL), XRP (XRP), and Dogecoin (DOGE) recorded steeper losses of 5% to 7%. The selloff is attributed to broader risk-off sentiment fueled by Trump's threats of renewed trade tariffs and escalating geopolitical fears of a potential conflict between Israel and Iran. This market dip occurred even as weak U.S. economic data, including softer producer prices and higher jobless claims, hinted at potential future interest rate cuts by the Federal Reserve.

According to Crypto Rover, the recent Bitcoin exit pump has concluded, signaling the end of the current bull market and raising the risk of a substantial price correction ahead (source: Crypto Rover via Twitter, May 10, 2025). For traders, this suggests heightened volatility and the potential for sharp declines in Bitcoin and related crypto assets. Monitoring liquidity levels, support zones, and derivative positions is crucial as market sentiment shifts toward bearish momentum. This development also impacts altcoin performance, as a Bitcoin crash typically triggers broader selloffs across the cryptocurrency market.