20250708
The announcement of Truth Social ETF caused considerable commotion, as the speculation on Crypto Bluechips (top tokens by capitalization) grew on the prospects of "pending" large purchases.
It is possible this enthusiasm is overshadowing the usual uncertainty climax preceeding the FOMC MEETINGS.
A reversal could occur if the FED comes with a surprise RATE HIKE to dampen risk appetite. That is a possibility.
The tension before FOCM minutes this week, (June 9th) are already palpable, maybe because the EU-US tariff 90 days truce is about to expire.
Major CRYPTO (i.e $BTC , $ETH , $BNB , SOL) are vulnerable to important developments but resilient against minor selloffs that prove to be devastating for the rest.
Any significant development will become Powerful catalysts for panic or renewed enthusiasm, although the latter is always the most unlikely (unless the FED lowers interest rates or delay action as usual).
20250707
MEME price action already reacted Monday to the imaginary news releases that have not become public yet...