positions cleared
- *BTC below $111k*: Sharp decline from recent highs
- *ETH & Altcoins*: Steeper declines
*2. Macro-Economy & Policy Impact* ๐:
- *US GDP*: 3.8% growth (higher than estimates)
- *Fed Rates*: Higher rates pressure risk assets like crypto
- *SEC Crypto ETFs*: New rule for faster approvals
*3. Stablecoins & Corporate Moves* ๐ฐ:
- *Tether's USAT*: New stablecoin for US market
- *Tether Fundraise*: $15-20B target, $500B valuation
- *Euro Stablecoin*: European banks collaborate
*4. Other Developments* ๐ฅ:
- *UK FCA Crypto Regs*: Faster approvals
- *Dogecoin ETF*: Memecoin in US markets
- *Solmate Rebrand*: Brera pivots to Solana
#CryptoMarketTrends #BTCAnalysis #EthereumUpdates #SolanaGrowth #DigitalAssets
