BTC plummets to 101k$ - Tesla stock drops ~10% as 2 sharks clash:
Elon Musk used to be a "hardcore fan" of Donald Trump, unafraid to express his support for him on all fronts from Twitter to the boardroom. But life is not a meme — now, Elon is getting "schooled" by his former idol.
Specifically, Trump suddenly went on air saying: “Want to save money? Cut all subsidies for Elon!”. Upon hearing this, Musk didn't say much, immediately flipped the switch, and turned off the Dragon spacecraft – the pride of SpaceX and NASA, as if sulking: “No money, no flight!” 🚀❌
But that's not all! The drama escalates when Elon hints that if Trump continues to play dirty, he will unleash the "Epstein Files" – a collection of dark documents that once made the global elite restless due to their connections to billionaire Jeffrey Epstein and sensitive relationships beyond the imagination of ordinary people.
If Elon’s bluff is real, Trump could not only lose subsidies but also... lose his peace, as he is pulled into a media and legal storm of cosmic proportions 🌪️📉.
📊 Summary of Powell's Testimony Before the House on 25/06 🟢 Fed keeps interest rates unchanged, continues to observe. Powell emphasizes that the Fed is “in a good position to wait and see how the economy unfolds” before adjusting policy. No commitment to cut rates in July despite pressure from Trump. 🟢 No clear signs for a cut yet. Powell states that inflation may rise again due to tariffs, but also acknowledges the possibility of weaker than expected inflation, which could prompt the Fed to cut rates sooner. 🟢 June data will be very important. Powell expects the impact of tariffs to begin showing from June, with the CPI report released on 15/07 being a crucial benchmark for assessment. 🟢 There is division within the Fed: Among the 19 FOMC members: • 7 forecast no rate cuts by 2025, • 2 support one cut, • 10 forecast at least 2 cuts this year. 🟢 Some Fed officials signal a more dovish stance, such as Waller and Bowman (both appointed by Trump), stating that a cut in July is possible. 🟢 Current inflation is cooling down. Powell affirms that the U.S. economy is not in recession yet. 🟢 Tariffs remain the biggest variable. The Fed is concerned that this will cause inflation to rise again in the coming months, but it is too early to conclude. 🟢 The Fed does not consider public debt or politics. Powell reaffirms the independent role: “Our job is not to lower borrowing costs for the government.” The Fed relies solely on inflation and the labor market to make decisions. 🟢 Powell affirms that banks can serve customers in the crypto sector if safety is ensured, and the Fed will not interfere in customer selection.
On April 24, 2025, CZ (the founder of Binance) tweeted a warning about a crypto project that posted a chat with him to imply his endorsement. CZ asserted that this is a scam and noted that anyone can message him through the platform Reachme.io, so no chat should be considered as confirmation.
He urged the community to stay away from such projects and requested screenshots to identify the perpetrators.
📌 Quick assessment: This is a common trick to deceive investors using the "celebrity effect".
CZ's warning could lead to the targeted project being boycotted by the community.
A reminder for investors: don't trust chat screenshots – verify thoroughly before investing.
Bitcoin (BTC): Approximately 76,000 BTC options contracts will expire, with a nominal value of about 5 billion USD. Max pain: 98,000 USD – the price at which option buyers incur the most losses. Currently, BTC is trading around 92,599 USD, below the max pain level.
Ethereum (ETH): The value of expiring ETH options contracts is about 1.1 billion USD. Max pain: 3,000 USD. The current price of ETH is around 1,780 USD, also below the max pain level.
🔍 Market Impact Analysis Pressure from max pain: A max pain price higher than the current price may incentivize market makers to push prices closer to this level to maximize profits from options contracts. Ratio of "out-of-the-money" (OTM) contracts: With the majority of current options contracts being OTM, many investors may face their contracts expiring worthless, leading to significant losses. Market volatility: The expiration of a large number of options contracts can cause sharp price volatility, especially if market makers implement risk hedging strategies (delta hedging) to minimize losses.
📈 Conclusion
The expiration event of options contracts this Friday is a significant factor that could affect the price volatility of BTC and ETH. Investors should closely monitor market developments in the coming days, especially price levels near max pain, to make appropriate trading decisions. #BinanceAlphaAlert #USStockDrop
SOL officially surpasses ETH in staking market capitalization
Solana (SOL) has just surpassed Ethereum (ETH) in total staking value: 54 billion USD compared to 53 billion USD. This reflects the trust from the community and an extremely high staking rate – 77% of the total supply of SOL, while ETH is only at 27.9%.
Although the market capitalization of SOL (70 billion USD) is still much lower than that of ETH (190 billion USD), SOL demonstrates a clear economic efficiency in attracting staking.
The downside is that high staking can reduce liquidity, making prices more volatile. However, due to a lower circulating supply, the price of SOL can also be easily pushed up when there is strong buying pressure.
Unlock token schedule for this month. Be careful with your hands and feet, this wave is still very intense. Wait for the US and Macro KTe sides to activate before following up. #VoteToListOnBinance #WhaleMovements
Due to China's disrespect for the global market, the U.S. will increase import tariffs from China to 125%, effective immediately. He hopes China will soon stop deceiving other countries.
In contrast, with more than 75 countries cooperating in good faith and not retaliating against the U.S., he decided to pause for 90 days and reduce the countervailing tax to 10% for these countries — except for China.
PS: The basic tax rate of 10% still applies broadly, only China is excluded from the benefits.
=> Not sure how true it is, but historically, the U.S. has been good at pulling the global economy up, while China pulls itself up.... #MarketRebound #CryptoTariffDrop
Gold dropped 1.12% to $3,001.30 Silver dropped 1.61% Copper dropped the most: -5.09% ➡ Main reason: Investors sold off stocks, withdrew money from precious metals to cover portfolio losses.
BTC: $77,735 ▼ -6.21% ETH: $1,557 ▼ -12.78% SOL: $103.70 ▼ -12.70% ➡ Main reason: Crypto was sold off along with the global market rout. - Crypto is no longer immune to macroeconomic fluctuations - fluctuations similar to stocks. - ETH & SOL decreased more than BTC → Altcoins carry greater risks during sell-offs.
=》 Closely monitor macroeconomic policies and moves from the SEC - directly affecting cash flow in the financial sector.
🔥🔥 Circle files for IPO with SECOn April 1, 2025, Circle – the issuer of the USDC stablecoin – officially filed for an IPO with the SEC, planning to list on the New York Stock Exchange (NYSE) under the ticker CRCL. 📌 Financials:- Revenue for 2024: $1.7 billion (including operational revenue and income from reserves).- Net profit: $156 million.- The IPO filing includes both primary shares (from Circle) and secondary shares (from current shareholders). 📌 Supporting banks: Circle has hired JPMorgan and Citi Bank as underwriters to prepare for the IPO, with plans to file publicly by the end of April 2025. 👉 The IPO filing is still pending SEC review. If approved, Circle will become a publicly listed company in the U.S., strengthening its position in the cryptocurrency industry.
The tokens that CZ invested in suddenly dropped in price ... Could it be that he's taking the money for a massage?... Be careful everyone, BNB is definitely about to have fluctuations.
Liveliness is an on-chain metric used to assess the balance between HODLing behavior (holding coins for the long term) and trading activity of investors. ⭐️If the Liveliness metric increases: It indicates that trading activity is high, meaning many long-held coins are being moved or sold. ⭐️If the Liveliness metric decreases: It indicates that coins are being accumulated and transactions are occurring less frequently, reflecting a HODLing trend. Distribution and profit-taking phases in 2024: -> March 2024: Bitcoin reaches its previous ATH of $73,000, long-term holders sold 934k BTC. -> October 2024: The Mt.Gox phase begins, resulting in the liquidation of 131k BTC. -> Current phase: over 507k BTC are being distributed. Distribution Level (low Coinday Destruction): This indicates that the majority of BTC is being distributed by "younger" coins (average age of about 6 months) rather than long-held coins (over 5 years). The slight increase in LTL due to the trading of coins around 6 months old reflects a local profit-taking sentiment as the price approaches the $100k mark.
In the past November, the amount of $BTC withdrawn from exchanges reached over 1 billion $USD, with $BTC being withdrawn daily, hitting a record high since mid-2023. The analysis is as follows: ➜ The Exchange NPC index reached 116 thousand $BTC per day in November, with an average of over 30,000 to 40,000 $BTC withdrawn daily across all exchanges. ➜ Data shows that withdrawing $BTC to private wallets started in August 2024, which was also the starting point of the price surge before Bitcoin hit an ATH of 99,500 $USD. ➜ It is estimated that over 2 million $BTC have been withdrawn from exchanges in Q3 of this year. Total $BTC leaving exchanges in the past 30 days: ~600,000 $BTC (~16 billion U$SD).
⭐️This reflects some observations: ➜ The amount of $BTC leaving exchanges is increasing significantly, reflecting optimistic sentiment and long-term price expectations. ➜ The withdrawal of $BTC from exchanges is often seen as a positive signal, reducing selling pressure and supporting price increases. ➜ Low liquidity risks on exchanges can cause $BTC prices to fluctuate significantly, especially during unexpected events.
⭐️Conclusion: The phenomenon of #Bitcoin ($BTC) leaving centralized exchanges is a notable development, especially when the price of $BTC has been quite volatile recently. Compared to the period from January to March this year, when the price of $BTC surged, many investors transferred $BTC to exchanges for the purpose of selling, the current trend is going in the opposite direction. This reflects a change in market sentiment, from a willingness to take profits to a trend of accumulation.
#Bitcoin has entered a new price discovery phase, with the entire circulating supply in profit.
The accompanying chart illustrates the percentage of supply in profit, along with the number of consecutive days in each month where this indicator exceeds 95%.
History shows that these euphoric periods typically last around 22 days before a correction occurs, pushing more than 5% of supply below the initial purchase price.
The current rally has maintained this high profit level for 12 consecutive days, highlighting strong market sentiment. However, this also suggests the possibility of an upcoming correction based on past patterns.
As the market operates in this euphoric state, investors should remain vigilant and prepared for potential volatility, recognizing that history can repeat itself and corrections often follow extended periods of gains.
Currently, the BTC has closed a new ATH of 79k8 this morning, indicating strong buying pressure from the market.
New tokens recently like DOGS, HAMSTER, ALP, and even ADA have also skyrocketed. It can be said that this is a signal indicating that the ALTCOIN season has begun to take shape.
Tokens that have good models, good technology, and high application value that have accumulated over time will soon soar.
Another slight highlight is that exchange tokens in previous pre-uptrend phases have also performed remarkably well.
I am particularly paying attention to the NOT, SOL, TON ecosystems at this moment because of the very good cash flow. The ALTCOIN season will probably really begin when BTC reaches 100k (personal opinion).