BREAKING: Over $1,000,000,000,000 wiped out from the US sto | Daisy_adamZz on Binance Square

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BREAKING:
Over $1,000,000,000,000 wiped out from the US stock market today.

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BREAKING: Fed Governor Adriana Kugler has RESIGNED This is HUGE! It allows Trump to fill the vacancy!

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Why Is Crypto Crashing Today? 1. Jobs Data Came in Much Weaker Than Expected The U.S. added just 73,000 jobs in July, well below the consensus of around 110,000. Combined revisions for May and June cut 258,000 positions from earlier estimates—suggesting that labor demand is slowing rapidly. The unemployment rate ticked up to 4.2%, its highest level in over two years . 2. Markets Recoiled Immediately • Equities dropped across major indexes as investors reacted to mounting recession fears. • The U.S. dollar slipped by about 1%, pressured by downward momentum in bond yields and policy uncertainty . • Betting on a September Fed rate cut spiked, with expectations jumping from roughly 40% to over 80% in a matter of hours . 3. Trump’s Reaction Injected Additional Volatility President Trump, who has been vocally pushing for Fed rate cuts, was presented with precisely the kind of data that would bolster his case—only to denounce the report as “rigged”, fire Bureau of Labor Statistics Commissioner William Beach (the official who released the report), and again criticize Fed Chair Jerome Powell, suggesting he should be “let go” . 4. Investors Now Confront Mixed Signals • Trump’s policy agenda aligns with monetary easing, yet his public demolition of the report that supports that agenda sows confusion. • The market is left wondering: Is this good news or bad? Bullish or bearish? Pure chaos? 5. Broader Implication: Eroding Trust in Economic Data The real concern extends beyond jobs or interest rates—it’s about the credibility of official economic statistics. If data is increasingly politicized, how can investors act with confidence? **Trust, not just the job number, matters now. ⸻ Bottom line: Weak employment figures swung the macro narrative, igniting expectations of Fed easing—which generally supports crypto. But political meddling in economic reporting has overshadowed market clarity, creating the kind of uncertainty that typically discounts risk assets like BTC and ETH. Cháos is the new trend. $BTC $ETH

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The major cryptocurrencies are experiencing a downward trend today. • Bitcoin (BTC) is currently trading at approximately $114,000, with a dominance of 61.18% in the market. • Ethereum (ETH) is hovering around $3,500. • The Crypto Fear and Greed Index stands at 57, indicating a Neutral sentiment among investors.

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Trump crypto policy 2025: Clarity over crackdown — markets t‑b up 🚀 1️⃣ White House Working Group’s crypto blueprint Key doc from Trump administration recommends giving the CFTC spot‑market authority over BTC/ETH, while SEC regulates custody/trading hybrid instruments — addressing the former Gensler “enforcement‑by‑default” era. 2️⃣ GENIUS Act signed into law (July 18) The first U.S. cabinet law governing stablecoins: requires full‑reserve backing (U.S. dollars/Treasurys), monthly audits/disclosure, AML & sanctions programs, and dual state‑fed oversight. Plus, Trump’s Strategic Bitcoin Reserve (≈ 200 K BTC) now a formal exec order – built on federal forfeiture holdings. 3️⃣ Market response: Rallies across BTC, ETH & SOL Clarity replaces fear → crypto assets surged. Analysts now pitch BTC as digital gold, ETH as oil for powering stablecoin rails, and SOL as retail infrastructure. 4️⃣ Smart-money plays🧠 Investors advised to allocate 1–5% to regulated crypto via Bitcoin ETFs, Coinbase (COIN), MicroStrategy (MSTR). Add infra tailwinds from Nvidia & AMD (crypto‑AI/mining synergy). Bottom line: What was once regulatory uncertainty is now a codified, bipartisan push toward making the U.S. the “crypto capital of the world.” The #GENIUSAct makes it official. 🗣️ #Crypto #bitcoin #Ethereum #Stablecoins #GENIUSActPas

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ETH @$3.52K — and the $10K dream for 2025? Still very much alive. 🚀 • Spot ETF inflows topped $2.4B last week, driving structural demand • Large whale buys and on‑chain accumulation continue to rise • ETH/BTC dominance just cleared its 200‑day moving average — a key bullish trigger Short-term boxes to watch: $5.5K–6.5K by Q4. If this momentum continues? $10K is on the table. And ETH is still outperforming BTC — up 54% over the past month, vs Bitcoin’s +10%, adding credence to the narrative #eth #MarketPullback

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Ethereum(ETH) Drops Below 3,500 USDT with a 4.62% Decrease in 24 Hours

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USDC Circulation Declines by 1.1 Billion in Recent Week

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Bitcoin and Ethereum Prices Expected to Surge Amid Economic Developments

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BNB Surpasses 770 USDT with a Narrowed 1.43% Decrease in 24 Hours

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