🌞Good morning! BTC continues to hover, but mainstream coins like BNB and SOL are showing signs of breakthrough. Key dynamics snapshot:
1. Stablecoin legislation accelerates: The U.S. Treasury Secretary states that a framework may be completed by mid-July, and Defi tokens like UNI, MKR, and AAVE are expected to benefit.
2. Trump criticizes the Federal Reserve again: He attacks Powell for not lowering interest rates, with the market expecting three rate cuts this year, making it possible for BTC to break 150,000 USD; his subsidiary raised 220 million to mine Bitcoin, signaling long-term optimism.
3. “Too big to fail” bill impact: A 5 trillion deficit bill may lower U.S. debt credit ratings, with some capital flowing into BTC amid a foreign capital reduction trend, strengthening its alternative properties.
Short-term highlights: This Thursday's non-farm payroll data + Trump’s tariff negotiations, waiting for a market turning point, remain patient.
On-chain data warning: Since May, over 100,000 BTC have flowed out of exchanges, with whales continuously accumulating.
