Today, both traditional and crypto markets saw a broad decline, driven by rising macroeconomic uncertainty and renewed trade tensions.
🧨 Key Drivers:
🔹 Tariff Turmoil
The U.S. announced new 25% tariffs on imports from Japan and South Korea, with warnings of additional levies on BRICS nations. These developments triggered a global risk-off move, hitting equities, commodities, and crypto alike.
🔹 Rate Cut Hopes Fading
Stronger-than-expected U.S. job data has lowered the probability of a July Fed rate cut to below 5%. This pushed Treasury yields higher, pulling capital away from risk assets.
🔹 Crypto Specific Pressure
Bitcoin briefly dipped below $108K, down over 1% intraday.
Ethereum followed suit, trading near $2.5K.
Significant whale activity and a ~$3.6B options expiry this week added downside pressure.
🪙 Top Crypto Movers (24h):
$BTC : $107,947 (-1.02%)
$ETH : $2,532 (-1.21%)
SOL, XRP, and AVAX also declined 2–4% amid overall weakness.
🧠 Market Sentiment
Risk-off mode dominates as investors seek clarity on tariffs, inflation, and Fed policy. Volatility remains elevated, and short-term traders are advised to monitor news and whale movement closely.
🛡️ Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#DayTradingStrategy #HODLTradingStrategy #SpotVSFuturesStrategy