Daily Crypto & Economic Pulse – June 8, 2025
Today’s economic and political landscape shows mixed signals for crypto investors. The U.S. Federal Reserve hints at a potential rate cut by Q3 2025, boosting risk-on sentiment. Meanwhile, the EU’s upcoming MiCA regulations continue to create uncertainty. The Trump-Musk feud resurfaces, rattling markets after Bitcoin briefly dipped to $100K last week. Meanwhile, Poland and South Korea’s newly elected pro-Bitcoin presidents signal regulatory tailwinds, potentially boosting institutional adoption.
Dogecoin (DOGE): Elon Musk’s ambiguous role in Trump’s "Department of Government Efficiency" (DOGE) continues to fuel speculation, though no direct utility for the coin has been confirmed.
Shiba Inu (SHIB): The Shibarium Layer-2 network hits 1 billion transactions, aiming to enhance scalability. However, bearish technical patterns and declining whale activity raise concerns.
Pepe (PEPE): This frog-themed meme coin gains traction with a 1.58% daily uptick, riding the wave of Solana-based meme platforms like PumpFun’s $1B funding ambitions.
Fed rate hold expectations grow as U.S. job data stabilizes, while Russia cuts rates to 20%, easing inflation pressures. Circle’s IPO success (up 168%) contrasts with Gemini’s confidential filing, reflecting mixed sentiment in crypto equities.
Stay tuned to our channel for the latest updates tomorrow.
