A mixed day for crypto:

On the interest rate side, there's no change and that is slightly negative for markets but is absolutely inline with the expectations.

On the future of Crypto, Trump administration released a 160‑page policy roadmap titled Strengthening American Leadership in Digital Financial Technology, produced by the President’s Working Group on Digital Asset Markets. The report outlines comprehensive proposals across regulation, innovation, taxation, and financial integration; though notably it provides no new disclosures on the U.S. Strategic Bitcoin Reserve previously announced in March. Here is the crux:

1. Report Calls on Congress to pass the Clarity Act, expanding the CFTC’s and SEC’s roles in governing spot crypto markets and tokenized securities.

2. Recommends faster regulatory action via regulatory sandboxes, safe harbors, and clearer charter processes to reduce barriers for crypto firms regarding banking access and Fed accounts.

3. Suggests including crypto holdings in tax, mortgage, and retirement systems (e.g., 401(k)s)—potentially giving crypto assets formal financial legitimacy.

4. Supports the recently enacted GENIUS Act, clarifying safeguards and requirements for U.S. dollar‑backed stablecoins.

The report signifies no immediate buying spree for the national reserves but it continues to hold the stockpile acquired through forfeiture. The trend is slightly positive for the markets.

Slightly positive + Slightly negative = Neutral

Wednesday, June 30 went as a neutral day for markets and particularly crypto with a cautious trader-sentiment and neutral market-trend. Buying in smaller chunks may be started as BTC falls below $117K, ADA below $0.75, DOT below $3.75, SOL below $175, BNB below $780, XRP below $3.05 and ETH below $3,750.