According to @rovercrc, major cryptocurrencies including Bitcoin (BTC), XRP, Solana (SOL), and Dogecoin (DOGE) experienced a price increase following remarks from U.S. Treasury Secretary Scott Bessent. Bessent hinted that the U.S. is close to finalizing trade deals before the July 9 tariff deadline, as reported by Reuters. The report notes that if deals are not reached, higher tariffs announced on April 2 could be reinstated on August 1. This news caused Bitcoin to briefly surpass $109,000, with Ethereum (ETH) rising to $2,550 and DOGE gaining 3%, according to market data. Despite the looming deadline and a threat of new tariffs on Canada, Coinbase analysts noted in a research report that markets have largely shown complacency and disregarded the potential economic risks, a sentiment that has persisted since the initial tariff announcement caused BTC to drop to $75,000 before a 90-day pause was announced.

According to @KobeissiLetter, major cryptocurrencies including Bitcoin (BTC), XRP, and Dogecoin (DOGE) rallied as markets appeared to shrug off threats of U.S. tariffs. The positive sentiment was reportedly fueled by comments from U.S. Treasury Secretary Scott Bessent, who hinted at finalizing several trade deals before the July 9 tariff deadline. The source material indicates that Bitcoin gained over 1%, briefly surpassing $109,000, while XRP and Solana (SOL) each gained over 2%, and Dogecoin (DOGE) rose 3%. Ethereum (ETH) also saw a 1.5% increase to around $2,550. Despite renewed tariff threats from the White House, analysts noted that markets have largely disregarded the potential economic risks. Current market data shows Bitcoin (BTCUSDT) trading around $108,050, Ethereum (ETHUSDT) near $2,531, and XRP (XRPUSDT) at approximately $2.32, with the latter showing a 2.7% gain in the last 24 hours.

According to The Kobeissi Letter, major cryptocurrencies rallied following hints from U.S. Treasury Secretary Scott Bessent about potential trade deals being finalized before the July 9 tariff deadline. Bitcoin (BTC) gained over 1%, briefly exceeding $109,000, while XRP and Solana (SOL) both rose over 2%, and Dogecoin (DOGE) saw a 3% increase. In an interview with CNN, Bessent stated that President Trump is prepared to reinstate tariffs on August 1 if deals are not expedited, a coercive tactic aimed at rebalancing trade relations. Despite these high-stakes negotiations and a renewed tariff threat against Canada, crypto markets have shown resilience. Analysts noted in a research report that markets seem to be disregarding the potential economic risks, possibly because the inflationary impact is expected to be less severe than initially feared. This contrasts with some crypto-related equities, as Coinbase (COIN) and Circle (CRCL) stocks experienced significant losses of 6% and 16% respectively.

According to @StockMKTNewz, major cryptocurrencies are rallying on positive sentiment after U.S. Treasury Secretary Scott Bessent hinted at forthcoming trade deals before the July 9 tariff deadline. The report notes that Bitcoin (BTC) gained over 1% to trade above $109,000, Dogecoin (DOGE) rose 3%, and both XRP and Solana (SOL) saw gains of over 2%. This market optimism is mirrored by macroeconomic indicators, as the probability of a U.S. recession in 2025 has dropped to a low of 22% on the crypto prediction platform Polymarket, reflecting renewed confidence as trade tensions appear to cool.

According to @StockMKTNewz, major cryptocurrencies rallied as traders focused on positive signals regarding U.S. trade deals, overlooking earlier tariff threats. The optimism was sparked by U.S. Treasury Secretary Scott Bessent's comments hinting at finalizing several trade deals before the July 9 tariff deadline, as reported by Reuters. Following his remarks, Bitcoin (BTC) gained over 1%, briefly surpassing $109,000, while data shows BTCUSDT trading at $108,835.73. Other major coins also saw gains, with XRP rising over 2.5% to $2.27, Solana (SOL) increasing by 3.4% to $151.67, and Dogecoin (DOGE) climbing 3%, according to the source. This positive momentum contrasted with the market's earlier muted reaction to President Trump's announcement of terminating trade discussions with Canada. Coinbase analysts had noted that markets seemed to disregard the economic risks of tariffs, a sentiment that appears to have continued. However, crypto-related stocks like Coinbase (COIN) and Circle (CRCL) experienced significant losses of 6% and 16% respectively on Friday, showing a divergence from the digital asset spot markets.

According to The Kobeissi Letter on Twitter, US Q2 GDP growth estimates have surged to 2.8% as recent trade deals are finalized and tariff implementations are postponed. This is a significant revision from the 0.4% forecast on May 1st, as reported by Kalshi. The Atlanta Fed's GDPNow model also supports a strong real GDP outlook. For crypto traders, this robust economic data may signal increased risk appetite, potentially boosting Bitcoin and Ethereum demand as macroeconomic uncertainty diminishes. These developments could drive short-term volatility and create new entry points in major digital assets (source: @KobeissiLetter, @Kalshi).

According to The Kobeissi Letter, the US 10-year Treasury note yield jumped above 4.50% following Donald Trump's announcement of increased tariffs, with Bessent signaling that additional trade deals may be on the horizon. This sharp move in bond yields underscores heightened market uncertainty and could lead to increased volatility across risk assets, including cryptocurrencies. Traders should monitor correlations between Treasury yields and crypto price action, as rising yields often signal a risk-off environment that may pressure Bitcoin and altcoin prices. Source: The Kobeissi Letter on Twitter, May 23, 2025.

According to The Kobeissi Letter, the US 30-year Treasury yield has climbed back to 5%, while mortgage rates have surged above 7%. Despite recent trade deals, weaker inflation data, and ongoing economic uncertainty, yields remain elevated and show no signs of retreat. The inability of positive headlines to suppress yields indicates persistent risk-off sentiment in traditional markets. For cryptocurrency traders, rising yields and higher borrowing costs may drive increased interest in alternative assets like Bitcoin and Ethereum, as investors seek returns outside traditional finance. Source: The Kobeissi Letter on Twitter.

According to The Kobeissi Letter, US Treasury yields have continued to rise, reaching levels not seen since President Trump paused tariffs for 90 days during previous trade tensions (source: Kobeissi Letter, May 14, 2025). Despite the recent completion of trade deals, yields remain elevated, signaling persistent inflation fears and tighter monetary conditions. For crypto traders, higher yields typically signal reduced risk appetite for digital assets, potentially increasing volatility and leading to short-term downward pressure on Bitcoin and altcoins as capital flows into safer US government bonds.

According to The Kobeissi Letter, the US 10-year Treasury yield has climbed 35 basis points in May 2025, reaching 4.50% despite ongoing efforts to stabilize the bond market. Recent trade deal announcements are causing traders to price out potential Fed rate cuts, providing Federal Reserve Chair Powell with more justification to maintain current rates. This upward movement in yields signals tighter financial conditions, which historically puts downward pressure on crypto asset prices as investors rotate into safer yield-generating instruments. Market participants should closely monitor bond yields and Fed policy shifts for their direct influence on crypto market volatility (Source: The Kobeissi Letter, Twitter, May 13, 2025).

According to The Kobeissi Letter, President Trump continues to face challenges as the Federal Reserve resists lowering interest rates, despite his administration's desire for a more accommodative policy. While new trade deals are being announced, bond yields remain on an upward trend, signaling ongoing market concerns about inflation and economic stability (Source: The Kobeissi Letter, May 8, 2025). For crypto traders, persistently high yields and steady Fed policy may limit fresh inflows into risk assets like Bitcoin and Ethereum, as traditional investors favor safer fixed-income returns.

According to Skew Δ, traders and investors should prepare for increased demand for safe havens amidst the volatility and uncertainty expected in H2 2025. The emphasis is on seizing opportunities with clear trade deals and well-defined terms. This period could be particularly favorable for those ready to act quickly under improved guidance and conditions.

According to @KobeissiLetter, the S&P 500 has lost $2.5 trillion since April 9th, highlighting the market's sensitivity to the stalled trade negotiations and tariff discussions. Japan's stance of not conceding further in US tariff talks adds to the uncertainty. Traders should monitor these developments closely as they could impact market volatility and investment strategies.

According to The Kobeissi Letter, the S&P 500 index has experienced a significant decline, losing $2.5 trillion since its peak on April 9th, primarily due to uncertainties surrounding trade deals and tariffs. The pause in tariffs that was expected to ease market tensions has not resulted in the anticipated trade deals, leading to market unease. Japan's firm stance against further concessions in US tariff discussions adds to the volatility. Traders are advised to closely monitor these developments as they have significant implications for market movements and investment strategies.

According to The Kobeissi Letter, the S&P 500 is nearing 5100, a level not seen since the tariff pause on April 9th, while the Dow has plummeted 1,200 points. This significant market downturn suggests traders are pricing out the likelihood of successful trade deals, indicating potential volatility and bearish sentiment in the market.

According to The Kobeissi Letter, the S&P 500 is falling toward 5100, a level not seen since April 9th, coinciding with a significant 1,200 point drop in the Dow Jones. This movement suggests that markets are adjusting expectations regarding trade deals due to ongoing tariff concerns. Investors should watch for potential impacts on equities and consider hedging strategies amid this volatility.

According to @KobeissiLetter, the S&P 500 has suffered a significant loss of $2.5 trillion since the high on April 9th, largely due to the lingering uncertainty surrounding US-Japan trade negotiations. The talks have stalled as Japan declares they won't continue conceding, impacting market stability. Traders are closely monitoring these developments as they could lead to volatility in the stock market.

According to The Kobeissi Letter, there is speculation about whether President Trump will negotiate new trade deals, similar to previous agreements with Canada and Mexico, as the administration considers tariffs on EU allies. The analysis suggests that these tariffs might be strategic posturing rather than firm policy commitments.