🚨HOT NEWS OF THE DAY🚨

Today (May 26, 2025), there are two main news streams significantly impacting the cryptocurrency market:

1. The surge in U.S. Treasury yields causing a weaker USD, pushing Bitcoin to a new peak

Last week, the long-term U.S. Treasury yields – particularly the 20 and 30-year maturities – surpassed 5%, primarily due to Moody's downgrading the credit rating and concerns about the fiscal deficit as the 'One Big Beautiful Bill' from the Trump administration is expected to increase public debt from $36.2 trillion by an additional $3.8 trillion by 2034. The rising yields have led investors to sell off bonds, weakening the USD, thereby creating favorable conditions for capital to flow into riskier assets like cryptocurrencies. As a result, Bitcoin has continuously broken its previous highs, reaching $111,977 in the middle of last week before slightly retreating to around $109,000 today.

2. Signals of regulatory easing from the SEC and a 'friendly' approach towards crypto from the Trump administration

On May 12, 2025, SEC Chairman Paul Atkins – appointed by President Trump – announced plans to establish a clear regulatory framework for crypto tokens considered securities, while also considering allowing broker-dealers to trade non-securities (such as Bitcoin and Ethereum) through an Alternative Trading System (ATS). This move is seen as a way to alleviate legal barriers and build trust for both institutional and individual investors.

Under the influence of both news streams, the cryptocurrency market traded with a fairly narrow range this morning but still maintained a slight upward trend.