BITCOIN FACES RISK DUE TO U.S TARIFF UNCERTAINTY!
Bitcoin's recent price fluctuations are partly due to uncertainty surrounding US tariffs imposed by President Donald Trump's administration. According to Pav Hundal, Lead Market Analyst at Swyftx, the biggest risk facing Bitcoin investors is the potential for a prolonged cycle of tariff ultimatums, which could keep the market uncertain.
Key Factors Influencing Bitcoin's Price:
Tariff Uncertainty: The ongoing trade tensions and tariff disputes between the US and other countries, particularly China and the EU, are causing market volatility.
Monetary Policy: The Federal Reserve's decision on interest rates, influenced by inflation and economic growth, can impact Bitcoin's price.
Institutional Investment: Continued institutional buying could drive Bitcoin's price up, while a slowdown in investment could lead to a decline.
Potential Price Movement:
-Short-term Risk: Bitcoin could drop below $100,000 if the tariff uncertainty persists, potentially leading to a 10% drop.
Long-term Outlook: Some analysts predict that resolving these economic standoffs could lead to market optimism, supporting a future Bitcoin rally .
Current Market Situation:
-Bitcoin's Current Price: $104,602.87, with a 0.72% decrease.
Market Volatility: The crypto market is experiencing increased volatility due to the tariff uncertainty and other macroeconomic factors .#TradingPairs101
WCT Token Slides 7% After All-Time High; Binance LiquidityBoost, Incentives Aim to Stabilize Market
WCTUSDT is currently trading at 0.4549 USDT on Binance, reflecting a 7.11% decrease over the past 24 hours, with a 24-hour opening price of 0.4897 USDT. The recent price decline can be attributed to ongoing profit-taking and market corrections following a sharp rally to an all-time high of $1.37 on May 31, 2025, and subsequent large token transfers to exchanges, which likely increased selling pressure. Despite recent positive developments, such as the upcoming inclusion of WCTUSDT in Binance's Altcoin LiquidityBoost program and new incentive campaigns, market sentiment appears cautious after significant volatility and rapid price swings in late May and early June.
WCTUSDT has seen substantial trading activity, with a 24-hour volume of $163,744,291 and a market cap of $84,539,147, ranking it #395 by market capitalization. The token has experienced a consistent downward trend in price over the past week, following its recent peak and amid increased market activity and ecosystem announcements.
DEGO Token Plunges 9% After $650K Liquidations and Major Exchange Transfers Amid DeFi Campaign
In the past 24 hours, DEGO/USDT experienced heightened volatility primarily due to large-scale token transfers to exchanges and subsequent liquidations of over $650,000 in long positions. This activity followed an official announcement by Dego Finance regarding the purchase and reserve of the USD1 token as part of a DeFi liquidity campaign, which, despite its intended positive impact, triggered significant sell-offs by large holders and retail panic. As a result, DEGO's price dropped sharply, with the current Binance price at $1.258, down 9.17% from the 24-hour open of $1.385. Trading volumes surged, reflecting intense market activity and a rapid decline in market capitalization, with the asset now stabilizing near its recent lows after the sharp correction.
SEC CHAIRMAN PAUL ATKINS PROMISES A NEW ERA OF CRYPTO REGULATION!
SEC Chairman Paul Atkins is indeed promising a new era of crypto regulation, marking a significant shift in the agency's approach. Here's what's happening :
Clear Rules: Atkins aims to establish clear and effective regulations for the rapidly growing crypto industry, moving away from the "regulation-by-enforcement" model used by his predecessor, Gary Gensler.
Notice-and-Comment Rulemaking: The SEC will prioritize "notice-and-comment" rulemaking, allowing for more transparency and public input in shaping crypto policies.
Crypto Task Force: A newly established Crypto Task Force will play a key role in developing rules on digital asset classification, custody, trading, and DeFi. Atkins expects a key aspect of its work to be completed within months.
CLARITY Act: The CLARITY Act, which seeks to exempt most crypto from SEC oversight, is also being considered. This could boost US digital assets and promote innovation.
Shift in Regulatory Approach: Atkins' approach signals a regulatory inflection point for firms engaged in digital asset activities, potentially leading to greater regulatory clarity, more engagement opportunities, and a more innovation-friendly environment.
Atkins emphasizes that his primary goal is to protect investors while fostering innovation and capital formation in the crypto space. By providing clear guidelines, he hopes to end the ambiguity that has stunted industry growth and left investors vulnerable to fraud .#CircleIPO #TrumpTariffs #CUDISBinanceTGE #TrumpMediaBitcoinTreasury $BTC $ETH