🚨 Market Pulse: Crypto Summer Meets the Pullback

Markets cooled off today after last week’s explosive record-high rally. Bitcoin, which surged to $124,500, dropped about 2%, settling near $115K. Ether fell 3%, while XRP slid 4%—classic profit-taking in full swing. Investopedia

Here's what's fueling the move:

Macro Signals Shift: Recent data and speeches—especially ahead of the Jackson Hole symposium—dashed hopes of imminent rate cuts, and the U.S. Treasury confirmed it’s not expanding its Bitcoin holdings. Barron'sReuters

Stablecoin Regulation Breakthrough: The newly passed GENIUS Act brings stringent federal guidelines, mandating 1:1 backing, audits, and transparency for stablecoins. Вікіпедія

Crypto Summer IPO Wave Continues: Public markets are buzzing. Backed by heavyweights like Blackstone and Ark Invest, crypto firms from Bold to Kraken and Gemini are heading public—with Coinbase already in the S&P 500. New York Post

** Trending Waves to Ride:**

peaq network, crypto borrowing, and Web3 funding are surging in interest—growing 99× in recent trends. Exploding Topics

Join the Conversation:

🔥 Your Voice Matters:

Are we seeing a healthy correction or the start of a deeper downturn?

Will the GENIUS Act drive a wave of confidence or just more caution in stablecoins?

Which crypto sectors—from M2M networks to crypto loans—do you see winning this "summer dip"?

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