The price of Bitcoin (BTC) is declining, and the altcoin market is generally following suit, with funds rotating to relatively weaker sectors. The U.S. stock market is experiencing a strong upward trend, while gold prices have dropped significantly. It is noteworthy that the China-U.S. trade talks have made some progress, leading to changes in the market's expectations for a Federal Reserve rate cut. Investors are lowering their rate cut bets, and Goldman Sachs' latest forecast shows that the timing for the Federal Reserve's first rate cut this year has been pushed from July to December.