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📣 June 12 — Key Statements from U.S. Treasury Secretary Bensent

1. Stablecoins Could Reinforce Dollar Dominance
U.S. Treasury Secretary Bensent emphasized that stablecoins may help reinforce the global dominance of the U.S. dollar. This highlights a growing recognition within the U.S. government that digitally backed dollars (like USDT, USDC) are playing an increasingly strategic role in global finance.
"If regulated properly, stablecoins could support the dollar's leadership in a digital financial future," Bensent noted.

Implication:
Clearer and possibly supportive regulation for USD-backed stablecoins.
Stablecoins may become an official tool in maintaining the dollar’s global influence.
Positive sentiment for crypto markets, especially for dollar-based stablecoins.

2. U.S. Debt Ceiling Crisis Warning
Bensent also warned that failure to resolve the U.S. debt ceiling issue could trigger the most severe financial crisis since 2008–09.
"If Congress fails to act, the consequences could rival the 2008 financial collapse," Bensent warned.

Implication:
Potential market turbulence across equities, bonds, and currencies.
Safe-haven assets like gold and Bitcoin may see increased demand.
Heightened concerns about U.S. fiscal health and dollar credibility.

TL;DR:
Stablecoins are being recognized as strategic assets for U.S. dollar power.
The unresolved debt ceiling could shake global markets.
Stay alert — volatility could bring both risk and opportunity.

The market is already showing bearish momentum
KEEP YOUR EYES WIDE OPEN

#BinanceHODLerRESOLV #BinanceAlphaAlert

🕯 The market is currently in a potential altcoins bull market run phase, and recent high volatility is largely driven by deleveraging and intensified tug-of-war between bulls and bears. While such fluctuations may cause short-term panic, they help clear excessive leverage positions and lay a healthier foundation for the market.
✔️ We recommend maintaining a rational mindset during this phase, avoiding impulsive actions like chasing price spikes or panic selling. Instead, focus on the long-term trends and ensure proper risk management. For long-term investors, this could be a great opportunity to position for the upcoming altcoins bull market.
⚠️ Please do not borrow money from friends and avoid taking out loans. Financial status with debt may affect your investment judgment.Investment requires patience. Avoid using family living expenses for investment! It is recommended to use idle funds for investment! This way you will be calmer.
⚠️ The money of the rich is patient, and the money of the poor is impatient.
💯 Cryptocurrency investment is the fastest way to transfer wealth. You can make money quickly, but if you are impatient and don't make the right choices, you will also lose money quickly. Don't believe in getting rich overnight, but you can believe in doubling your wealth. The rich have to pay a lot in the process of getting rich slowly, and they bear great pressure and risks, which ordinary people can't see.
💸 The core driving force of the cryptocurrency market is still the global macro environment, the Fed's policies, institutional capital flows and market sentiment.The current global macro environment is mainly affected by the game between China and the United States. The Chinese stock market is currently closed.🤩

It is expected that the cryptocurrency market will rise again in mid-February, and this time it will usher in a bull market for altcoins!

#BullRunAhead don't let the deep red confuse you #HODL buy the deep if you can..

#BullRunAhead all cryptosians don't sell your coins because of the constant selloff now. it's simply a diversion to scare people away from the market and out of panic you sell your coins in loss. #StopSelling #HODL