峰哥加密圈

Today is June 16, 2025, Monday. Yesterday was the weekend, everyone was resting with their families, but some people must be feeling terrible due to a sudden event that caught them off guard, leading to panic and helplessness.
This event is the collapse of ZKJ. Many people who enjoy playing on-chain, especially those who are harvesting benefits, hold this token. There are also some people who see it trending independently, following the news that constantly promotes it, and then start to pay attention to and hold it.
Starting from December 2024, it rose continuously until April this year. What does this mean? Over the past few months, 90% of tokens have been falling, while it has been rising. This kind of differentiation has made many people fall in love with it, considering it a rare gem, a once-in-a-century dark horse. Coupled with endorsements from major exchanges, along with points and air-drops, interest rates once exceeded 100%, who wouldn't love it?

Today is May 25, 2025, Monday. Early this morning, Trump started changing his mind again, announcing the cancellation of tariffs on the EU effective June 1, while extending the 90-day tariff delay to July 9. Originally, he had just said on Friday that a 50% tariff would be imposed on the EU starting June 1, but suddenly announced a pause on Monday. The price of Bitcoin immediately surged from $107,300 to $110,220. I honestly don't know what data or technical indicators could accurately predict Trump's statements; if there is such a thing, it probably only exists in metaphysics. That's why I said last week that tariffs are just a tool Trump uses to intimidate; the real goal is to extract concessions and manipulate the stock market. However, if Trump continues to play this way, both the stock and bond markets might eventually be broken.

Today is May 20, 2025, Tuesday. Yesterday, May 19, there was a break in updates. Those familiar with the market understand the significance of this date, so I won’t elaborate further. The market has really been a rollercoaster lately, with Bitcoin and U.S. stocks jumping all over the place. Bitcoin peaked at 107,000 dollars and nearly fell below 102,000 dollars, fluctuating back and forth four times. It’s really hard for those with weak hearts to handle. However, today it seems the market has finally steadied, and the panic caused by Moody's downgrade is slowly dissipating.

Last night there was a significant piece of good news; the stablecoin bill in the U.S. finally made some progress. Although it’s still early for it to be formally passed, the earliest it could happen is in August. If this bill is actually passed, it would be a great boon for the crypto world. Right now, stablecoins like USDC and USDT are still seen as minor players in the eyes of Wall Street big shots, mainly because of compliance issues. If the bill passes, institutional funds will be able to enter the market with confidence. Some institutions predict that if this bill is passed, the stablecoin market size could soar from the current 200 billion to 2 trillion dollars. If that happens, it would be a golden era for altcoins. However, we will have to wait some time for the specifics to be implemented.

Today is May 7, 2025, Wednesday. The market performance is still quite good today; after a few days of adjustment, Bitcoin has started to surge again, reaching a high of $97,700. However, the current rise mainly relies on external news stimuli; only major news can bring about significant fluctuations. For example, this morning's surge was primarily due to New Hampshire passing the first Bitcoin strategic reserve bill in the U.S., along with domestic and international media coverage, which created some FOMO (fear of missing out) in the market. Although their buying volume is not comparable to large companies like MicroStrategy, this event is very significant for the status of Bitcoin, much like how the approval of gold ETFs initiated a decade-long bull market; people's confidence in Bitcoin has significantly strengthened.

Today is May 6, 2025, Tuesday. Yesterday, the US stock market dipped a bit after opening, and Bitcoin also retraced, now hovering around $94,000. From the news perspective, there aren't any particularly bad news. Tomorrow, the Ethereum Prague upgrade is finally going live on the mainnet. The market has largely digested this upgrade already; in late March, due to upgrade issues, Ethereum even dropped to $1,380. Although it has been postponed several times, this time it is really coming. After the upgrade is implemented, major institutions will likely take action, and the SEC is expected to quickly approve Ethereum ETF staking. The biggest benefit of this upgrade is the scalability, allowing large institutions to stake more Ethereum, enhancing both security and convenience.

Today is April 22, 2025, Tuesday. Recently, Bitcoin's price has been quite strong. The U.S. stock market has plummeted, but Bitcoin not only did not follow the decline but actually rallied against the trend. Previously, Bitcoin generally moved in tandem with the U.S. stock market, but this time it maintained its strength amidst the U.S. stock market drop and Trump's criticism of Powell, which has led to policy uncertainty. This morning, it peaked at $88,850, providing support for sentiment. In contrast, the U.S. stock market continues to weaken due to the ongoing struggles over trade wars and interest rate cut expectations, which has pushed the 10-year U.S. Treasury yield up to 4.5%.

Today is April 21, 2025, Monday. The market has experienced a day of rebound, currently around 87,000 points. Most people in the cryptocurrency market may find this round of increase puzzling, as there doesn't seem to be any particularly obvious positive news. Why has the market risen? In fact, today's rise in Bitcoin is directly related to the dollar index.
The dollar is being collectively sold off, with the dollar index hitting new lows, directly breaking below 98, and Bitcoin experiencing an increase. The euro has risen by 2%, and the dollar against the yen once fell below the significant threshold of 140 points. However, in US stock futures, both the S&P and Nasdaq futures have dropped by more than 1%, and US Treasury yields are rising, indicating that traditional markets are still worried about economic issues. Whether Bitcoin's rise can be sustained will depend on the movements of American investors after the US stock market opens tonight. After all, the trading volume is still quite low.