Price dip: Bitcoin dropped ~1.6% in the past 24 h to around $107,736, after briefly hitting $110,332, slightly off its May all-time high of ~$112k .
Why it matters: Cooler-than-expected U.S. inflation data sparked the pullback. Still, institutional optimism remains—analysts note growing real-world utility, deeper regulatory clarity, and macroeconomic support .
2. 💵 Stablecoins Entering Mainstream
Stablecoin supply has surged to $247 billion, nearly 10% of U.S. physical currency in circulation . Use cases are expanding beyond trading (≈94%) into payments and cross-border transfers.
Regulatory spotlight: U.S. Senate is advancing the GENIUS Act to regulate stablecoins, potentially boosting confidence and adoption .
3. 🚀 May’s Market Surge & ETF Flows
Market rise: In May, crypto soared over 10%, with Bitcoin nearing $112k and strong altcoin, NFT, and ETF action—corporate treasuries added to their holdings, showing institutional appetite .
ETF momentum: U.S. spot Bitcoin ETFs saw $431 M inflows, while Ethereum ETFs kept inflows for 17 consecutive days .
4. 📈 Fed Rate Cut Expectations
The market is nearly certain (~99.9%) the Fed will cut interest rates in June, which could catapult Bitcoin toward $130k and possibly trigger a broader altcoin rally .
Fed cuts + crypto-friendly macro = recipe for summer “altseason”.
5. 🇬🇧 UK Eases ETN Restrictions
The UK’s FCA is proposing to lift its retail ban on crypto-linked Exchange-Traded Notes (ETNs), marking a shift toward regulated mainstream access—but retail access will come with risk disclosures .
📌 Takeaway for Traders & Investors
1. Inflation & Fed policy continue to dominate. A rate cut likely triggers fresh gains.
2. Stablecoins are going mainstream—watch regulation as potential adoption catalyst. 3. ETFs & ETNs are unlocking mainstream exposure channels in both US and UK. 4. Institutional flows point toward sustained longer-term confidence #TrumpTariffs #BTC
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📊 Crypto Curiosity of the Day: Recent Fluctuations in Major Cryptocurrencies
The crypto market has seen notable movements in recent days. Here's a quick snapshot of the top coins:
Bitcoin (BTC): Currently trading at $105,193, up +0.65% in the last 24 hours.
Ethereum (ETH): Around $2,542.32, showing a modest +0.13% increase today.
XRP: Priced at $2.17, with a -0.91% dip in the last 24 hours.
Cardano (ADA): Slightly down -0.38%, currently at $0.684.
Solana (SOL): Trading at $155.93, with a small -0.47% decrease today.
💡 Did You Know? In March 2025, U.S. President Donald Trump announced the creation of a Strategic Crypto Reserve, including Bitcoin, Ethereum, XRP, Cardano, and Solana. The move aimed to strengthen the U.S. position in the crypto economy and triggered a short-term bullish wave across the market.