🔹 Bitcoin & USDT$BTC
Bitcoin (#BTC ) is trading around $116,449, showing steady growth.
Tether (#USDT ) remains stable at $0.9999, as expected for a dollar-pegged stablecoin.
BTC continues to perform well, backed by investor interest and market confidence. USDT stays reliable for #crypto trades.
🏦 What’s Happening with U.S. Banks?
1. Political Pressure on Banks
President #TRUMP signed an order to investigate banks accused of closing accounts for political reasons. #banks say decisions were based on risk, not politics.
2. Bank Profits Up
Big names like JPMorgan and Wells Fargo reported strong profits, thanks to healthy consumer spending.
3. Regulation Getting Easier
The Federal Reserve plans to simplify complex capital rules (Basel III) to reduce pressure on big banks.
4. Fannie & Freddie in Focus
Talks are underway to privatize mortgage giants Fannie Mae and Freddie Mac, with government backing likely to stay.
5. Trucking Industry Rebounds
Freight volumes and spending rose in Q2 — the first solid sign of recovery in years.