The last 24 hours marked another major decrease in BCH price as it dropped to $300. It has found support above this level, but there’s no assurance if it will hold for long in the latest down surge. BCH overall market structure appears bearish on the daily chart, though the price is now captured in a range as supply turns low. We can expect a surge in volatility as soon as the supply level increases. While trying to advance retracement yesterday, the asset saw a sharp rejection at $357.5 and later closed weakly. Things got worse today, and the price dipped to a low of $300. This price level has produced support but still looks very weak on the daily scale. Considering the current fallout, it is uncertain if this level will hold for long. However, a hold above this low level could bring back the retracement. The bears are much more likely to sustain momentum from the look of things, . We may see bigger drops in the coming days. Following the drops from the peak of $640, the impulsive movement is mostly subjected to a consolidation phase, where it gathers enough momentum before distributing. The ongoing consolidation phase could lead to a massive collapse if the price breaks below the previous monthly low. BCH’s Key Levels To Watch Source: Tradingview A continuous breakdown from the current trading level could slip the price to $285, followed by $279 – February’s low. A new low may surface at $250 and potentially $230 in the future. Aside from the close $330 resistance, the rejected $357.5 level is an important resistance to watch for a recovery. A retracement above it should allow buying towards $396 and maybe $445. Key Resistance Levels: $357.5, $396, $445 Key Support Levels: $270, $250, $230 Spot Price: $303 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: Kanchanara/ Unsplash // Image Effects by Colorcinch
Is Pi Network the Next Big Thing in Cryptocurrency? Unpacking the Future of Pi Coin As the cryptocurrency landscape evolves, Pi Network has transitioned from a controversial experiment to a
MegaETH, an Ethereum layer two (L2) scaling solution backed by Vitalik Buterin and Dragonfly Capital, will deploy its testnet this week, offering developers and users a first look at its high-speed blockchain infrastructure. Ethereum L2 MegaETH Begins Testnet Rollout The MegaETH Labs team explained that the testnet, launching March 6, will run through March 10,
BankPozitif, a leading digital bank in Turkey, has partnered with Swiss digital asset infrastructure provider Taurus to offer institutional-grade cryptocurrency custody services. The move positions BankPozitif at the forefront of Turkey’s expanding digital asset sector as the country experiences rising fintech adoption. Through the partnership, BankPozitif will integrate Taurus-PROTECT™, a custody platform supporting cryptocurrencies, tokenized assets, and digital currencies, along with Taurus-EXPLORER™, a blockchain node and indexing service enabling connectivity to multiple blockchain networks. “As we focus on innovative products and digital transformation, this partnership with Taurus is a significant step forward,” said Dr. Erkan Kork, Chairman of BankPozitif. “The Turkish banking sector has grown to 30 trillion liras, and we’re seeing increasing institutional demand for digital asset services.” You might also like: Marathon Digital stock down 5% amid concerning Bitcoin production announcement Taurus’ exploration into new markets Taurus recently partnered with Chainlink Labs to enhance tokenized asset adoption by financial institutions. The integration included Chainlink’s Data Feeds for real-time asset data and Proof of Reserve for transparency. The collaboration aimed to address security, data accuracy, and cross-chain connectivity challenges. Taurus, which already works with financial giants like Deutsche Bank and State Street, sees Turkey as a key market. “High adoption rates, increasing institutional interest, and constructive regulatory frameworks make Türkiye an exciting region for digital asset banking,” said Lamine Brahimi, Managing Partner at Taurus. Turkey has seen a surge in cryptocurrency adoption, partly driven by economic challenges and inflation concerns. With regulatory frameworks evolving, the partnership between BankPozitif and Taurus signals a growing trend of traditional banks integrating digital asset services to meet market demand. You might also like: AI predicts: Can Cardano break into top 3 if ADA ETF gets approved?
An ether (ETH) position worth more than $126 million came within 4% of being liquidated amid a crypto market plunge on Tuesday. ETH has now retraced more than the entirety of Sunday's rally, shedding 22% of its value in the past 48 hours as it trades at $2,080. A fortuitous bounce at $2,000 protected Ethereum's decentralized finance (DeFi) ecosystem from a series of liquidations on collateralized debt platform MakerDAO. The first level sat at $1,929 with another two positions set to be liquidated at $1,844 and $1,796. The combined value of all three positions is $349 million. Price action is often drawn to liquidations levels as trading firms target areas of supply. When a liquidation is triggered on MakerDAO, the ETH pledged as collateral will be sold, or auctioned off, with a portion of fees going to the protocol. In terms of MakerDAO, the ETH is often purchased at a discount and later sold on the wider market for a profit - which has the potential to cause an additional drawdown in price. Liquidations in DeFi are more impactful than futures as it involves spot assets and not derivatives, which boast higher levels of liquidity due to high leverage. In this case, it is advantageous for trading firms to target these levels as a liquidation would provide short term volatility and potentially a cascade, which is when one liquidated position forcibly leads to several others. Once a cascade is concluded and buyers have absorbed the fresh supply, price typically heads back up, which can tempt the liquidated trader into buying back their long position. Data from DefiLlama shows that $1.3 billion worth of ether is liquidatable with $427 million of that being within 20% of the current price. ETH has underperformed against bitcoin (BTC) throughout the recent bull market, slumping to a ratio of 0.0235 compared to previous cycle highs at 0.156 and 0.088. This is partly due to institutional inflows into numerous spot BTC ETFs, but also due to the rise of other blockchains like Solana and Base that have stolen market share.
Summary Strategy has declined due to Bitcoin's price drop and a contracting Bitcoin premium. Bitcoin's price is expected to rise, driven by improved liquidity and the creation of a crypto strategic reserve. MSTR's Bitcoin premium will likely expand as Bitcoin's price increases, potentially doubling MSTR's value from current levels. Despite risks like market volatility and liquidity concerns, adding MSTR now could amplify Bitcoin's returns. Thesis Summary Strategy ( MSTR ) has continued to sell off since my last update, reaching levels we had not seen since before the election. This can be attributed to weakness in Bitcoin, but also a falling Bitcoin premium. After dipping below $80,000, Bitcoin rallied following news that a Bitcoin Reserve, including Bitcoin and some other altcoins, will indeed be created. However, this rally has faded, with Bitcoin back at $83,000. Still, the crypto reserve news gives yet another fundamental reason to go long Bitcoin. On top of that, liquidity dynamics suggest a strong reversal in crypto too. And lastly, from a technical perspective, we are beginning to show evidence of a bottom in Bitcoin. Going long MSTR right now is a good idea in order to amplify Bitcoin’s gains. Why MSTR Has Been Falling MSTR was down roughly 22% since my last post following Q4 results, though this will change after we open, with MSTR up over 12% pre-market. The reason behind MSTR’s decline is two-fold. Firstly, the decline in the Bitcoin price. BTC Price (Trendspider) Bitcoin was over 25% from peak to trough before the recent news. Needless to say, MSTR is highly correlated to Bitcoin. Such was the fear in the market that Michael Saylor even took to Twitter to double down on his Bitcoin conviction, suggesting, jokingly I believe, that investors sell their kidneys before their Bitcoin. Michael Saylor Tweet (X) However, MSTR is down over 40% in the same time period, and that’s because MSTR’s Bitcoin premium has also contracted. MSTR NAV Premium (MSTR tracker) In fact, the NSV to premium was near historic lows on Friday, trading at 1.43x its Bitcoin book value. But yesterday’s headwinds are tomorrow’s tailwinds. Expecting a Bitcoin Rebound I discussed the reasons behind Bitcoin’s decline in this recent post . As always, Bitcoin moves in line with liquidity, and liquidity is also deeply linked to Financial Conditions. More liquidity means better Financial Conditions and higher Bitcoin prices. The chart below shows this correlation quite well. BTC and GMI Financial Conditions (LSEG) What we see here is the Bitcoin price change next to the GMI Financial Conditions Index, which has been moved up three months to show the correlation. As we can see, the Bitcoin price change strongly follows the GMI Financial Conditions Index. And what comes next? The Index bottomed out near the start of 2025 and has sharply reversed in Q1. This means a sharp reversal in the Bitcoin price is also possible. We certainly have the beginnings of a sharp reversal following today’s price action. Bitcoin Reserve News On top of this, we have the recent news that a crypto strategic reserve will indeed be put in place . It seems like the US will be buying Bitcoin, Ethereum ( ETH-USD ), and even some other altcoins. However, it's important to note that Trump cannot enforce this unilaterally, and would need approval from Congress. Still, an EO is a step in the right direction. The rally following this news was short-lived, perhaps in part because only a few hours later Trump announced more tariffs, leading to a broad market sell-off. But if this goes through, not only will this create another large buyer, but it is also a huge endorsement for crypto and, most of all, Bitcoin. The surge in demand could be significant, as other governments will likely follow suit and more corporations may add Bitcoin to their coffers. The MSTR Premium Will Expand On the other hand, I’d expect as Bitcoin increases in price, so will Strategy’s Bitcoin premium. To understand why, let’s first understand why this premium exists in the first place. There are a few reasons why this premium exists: Leverage: Strategy can buy Bitcoin using loans and shares. Options: Investors can buy and sell options, which is another reason the underlying can have more demand. Ease of use: It’s an easy way for equity investors to gain exposure to Bitcoin without having to have their own crypto wallet, and arguably safer than having Bitcoin in a centralized crypto exchange. Bitcoin yield: MSTR’s Bitcoin yield keeps increasing as they accumulate more Bitcoin. In other words, a share of MSTR will command more Bitcoin over time. Now, some of these reasons for the premium are less appealing now. For example, options trading is now available for Bitcoin ETFs. We have also seen other companies, like Marathon ( MARA ) begin to actively buy Bitcoin, following the same strategy as Strategy. Nonetheless, the Bitcoin yield is enough to argue that a premium will always be associated with MSTR. MSTR NAV Premium (MSTR-tracker) With this in mind and looking back at the chart above, I believe MSTR’s premium could easily climb back towards at least 2, based on where it was a few months ago when Bitcoin was soaring higher. This leads me to believe that MSTR can more than double from today’s price, based on the appreciation of Bitcoin and the increase of the premium. Risks Needless to say, there are a lot of risks associated with MSTR. This is a volatile stock not for the faint of heart. The biggest risk, of course, is that the underlying asset, Bitcoin, enters a bear market. We mentioned above that Bitcoin is tied to liquidity, so if liquidity begins to fall this would certainly be bad news. There are definitely arguments that support this. Inflation came in hot the last few weeks, the Reverse Repo facility has been emptied, and the market seems to be quite shaky whenever tariffs news creep up. While I like Bitcoin long-term, 2025 could be more challenging than investors expect. Final Thoughts All in all, I believe this is a good spot to add MSTR in order to gain exposure to Bitcoin and amplify its returns.
The cryptocurrency market is excited as Bitcoin (BTC) eyes a potential surge to $150,000. This expected move has birthed a meme coin frenzy, with investors swaying to tokens like FloppyPepe (FPPE) , Dogecoin (DOGE), and Shiba Inu (SHIB). As the landscape shifts, the question looms: Will FloppyPepe (FPPE) eclipse its meme coin rivals? Bitcoin’s (BTC) Influence on Meme Coins Bitcoin's (BTC) potential rally to $150,000 is expected to ripple across the cryptocurrency market. Bitcoin's (BTC) price fluctuations have historically affected Meme coins and other altcoins. As a benchmark for the larger market, Bitcoin’s (BTC) performance can influence investor sentiment across other digital assets, guiding the search for high-risk, high-reward prospects in smaller tokens, which drives meme coin purchases. FloppyPepe (FPPE): The Rising Star Thanks to its ingenious AI-driven ecosystem, FloppyPepe (FPPE) is taking over meme space like a whirlwind. It has all the makings of the crypto universe's most exciting meme coin. This token is a tribute to the work of Matt Furie, the same brilliant mind behind the viral hit Pepe the Frog—a meme that became the symbol of a top meme coin in the cryptocurrency market. Currently in its highly anticipated presale stage with an affordable price of $0.0000002, FloppyPepe (FPPE) stands out from the crowd because of its different amazing features, which led to the private round success where it sold out within 24 hours, raising nearly $1 million reflecting strong market demand. Dogecoin (DOGE) and Shiba Inu (SHIB): The Old Guards Dogecoin (DOGE) and Shiba Inu (SHIB) have long held sway in the meme coin sector. DOGE, launched in 2013, boasts a strong community and widespread recognition. Its initial charm as a playful digital currency has evolved into a serious investment asset with substantial market influence. Shiba Inu (SHIB) , introduced in 2020, has carved out a niche with its decentralized ecosystem and strategic partnerships. Although the two have profited from the meme coin trend, their lack of practical applications and technological creativity may limit their future growth prospects. FloppyPepe (FPPE) vs. Dogecoin (DOGE) & Shiba Inu (SHIB): Who Comes Out on Top? Dogecoin (DOGE) has Elon Musk's backing, but its fundamentals remain unchanged—it does not have AI, smart contract functionality, or deflationary mechanics. It’s a cultural icon rather than a financial instrument. On the other hand, Shiba Inu (SHIB) has developed an entire ecosystem, including Shibarium, staking options, and DeFi utilities. However, none of these incorporate AI, making SHIB a strong player that still operates under traditional frameworks. FloppyPepe (FPPE) stands in a category of its own. It doesn’t just aim to be a meme—it infuses AI into every aspect of its ecosystem, unlike DOGE, which is purely transactional, or SHIB, which focuses on DeFi. FloppyPepe (FPPE) introduces FloppyX, a cutting-edge AI video agent that generates automated video content, and its recently launched Meme-o-Matic, a text-to-image AI agent that allows users to generate high-quality digital artwork. These provide real-time sentiment analysis, market trends, and strategic insights, giving investors a major advantage over Dogecoin (DOGE) and Shiba Inu (SHIB). Beyond AI utilities, FloppyPepe’s (FPPE) deflationary burn mechanism reduces supply, increasing scarcity and potential value, unlike Dogecoin, which has an unlimited supply. FloppyPepe (FPPE) holders benefit from a smart redistribution system, which rewards long-term investors with passive income, something absent in Dogecoin (DOGE) and Shiba Inu (SHIB). With an audited smart contract by SolidProof , a rapidly growing community, and collaboration with leading artists to create premium, collectible hand-drawn FloppyPepe artwork, FloppyPepe (FPPE) will lead the meme coin industry with Bitcoin (BTC) potential rally. FloppyPepe (FPPE) Will Lead The Charge While Dogecoin (DOGE) and Shiba Inu (SHIB) remain cultural powerhouses, FloppyPepe (FPPE) is something more—an AI-infused ecosystem with real utility behind it. As Bitcoin (BTC) charges toward $150,000 FloppyPepe (FPPE) is emerging as the most promising meme coin in the market with its pioneering AI-driven ecosystem, strong community support, deflationary tokenomics, and other features. The question isn’t whether FPPE will outpace Dogecoin (DOGE) and Shiba Inu (SHIB) anymore—it’s whether they can survive being in the same space with it. Weekly Crypto Boost: 60% Bonus on FloppyPepe! Presale alert! FloppyPepe is dropping a 60% bonus bombshell from March 3rd to 7th, 2025. Secure extra $FPPE tokens by using code FLOPPYAI60 at checkout on the official website . This is your limited-time opportunity to supercharge your AI token portfolio. With a booming presale, rising investor excitement, and a strategic roadmap, FloppyPepe is ready to take the 2025 crypto world by storm. Join the FloppyPepe (FPPE) presale and community: Website: https://floppypepe.io/ Whitepaper: https://floppypepe.gitbook.io/floppypepe.io Telegram: https://t.me/floppypepeofficial X (Twitter): https://x.com/floppypepe Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Shiba Inu navigates market fluctuations, Yeti Ouro emerges as a bold contender with real utility and rapid growth. Table of Contents SHIB’s market performance and community highlights Yeti Ouro: Next-generation P2E and utility-driven growth Presale completion, new stage, and future potential Yeti Ouro challenges Shiba Inu with real utility and growth Cryptocurrency enthusiasts have been closely monitoring Shiba Inu’s trajectory, especially whenever the SHIB price shows signs of new momentum. However, a fresh contender has burst onto the scene with remarkable speed: Yeti Ouro. This emerging project, currently in the third of five stages of its public presale, Yeti Ouro (YETIO), continues to draw attention with its unique blend of meme-driven energy and genuine utility, a combination that appears poised to challenge established tokens. SHIB’s market performance and community highlights Shiba Inu has built its reputation as a top memecoin, achieving unprecedented returns for early adopters. While current figures show that Shiba Inu price is $0.00001390, its performance has been anything but predictable. Shiba Inu price soared to all-time highs in 2021, turning a wave of modest investments into life-changing sums, but it has also faced notable corrections over time. Some analysts suggest that sustained momentum may require more than just a vibrant fan base. Although the ecosystem includes projects like ShibaSwap, critics argue that additional high-utility developments could be vital for long-term stability in Shiba Inu price. Observers believe that the SHIB price outlook might hinge on how effectively the project diversifies its utility offerings and maintains the enthusiasm that initially propelled it. Source: CoinMarketCap Yeti Ouro: Next-generation P2E and utility-driven growth While the SHIB price narrative continues to fascinate many, YETIO is forging its path with a focus on delivering tangible benefits to token holders. Central to Yeti Ouro’s strategy is Yeti Go, a Play-to-Earn (P2E) racing game built on Unreal Engine 5, offering immersive gameplay, player-versus-player battles, and destructive racing elements that reward skill and strategy. Players can earn YETIO tokens by pushing rivals off tracks, wielding power-ups, and navigating environmental hazards in a high-stakes gaming environment. Yeti Go is developed in conjunction with the team behind iconic games like Spiderman, Call of Duty, The Witcher, and Dead Space, featuring breathtaking AAA-quality graphics. Its audio design is expertly crafted by top sound engineers who have collaborated with Grammy-winning artists such as Major Lazer, Kabaka Pyramid, and Vybz Kartel. Unlike many meme projects that thrive on buzz alone, Yeti Ouro is grounded in a carefully structured tokenomics model. Featuring a total supply of exactly 1 billion coins and a 5% burn clause in the smart contract, YETIO ensures that its circulating supply diminishes over time, theoretically boosting long-term value. Another aspect that sets YETIO apart is its commitment to robust security and trust. The project has undergone a SolidProof Audit, reassuring investors about the integrity of its underlying technology. For those increasingly wary of the risk factors associated with new crypto ventures, this extra layer of validation helps YETIO stand out as a potentially more reliable option. YETIO ecosystem promises a multifaceted approach to growth and sustainability. As user adoption accelerates, the token burn mechanism becomes more impactful, steadily reducing supply and amplifying scarcity. You might also like: ETH volatility creates entry points for investors; Yeti Ouro gains whale attraction Presale completion, new stage, and future potential Yeti Ouro recently concluded Stage 2 of its presale, selling around 200 million tokens in record time. This impressive feat demonstrates how swiftly YETIO has garnered investor confidence. Having now sold almost 203 million tokens in the presale, the project is now in Stage 3 of 5, priced at $0.024, an uptick that reflects both growing demand and a broader sense of market validation. As interest surges, many investors are rushing to increase their YETIO holdings in anticipation of a substantial price jump once the token officially hits exchanges. Early adopters have already enjoyed a 100% ROI by capitalizing on previous stages, while the structured distribution model ensures a balanced approach to liquidity, marketing, and long-term development goals. With a focus on deflationary economics, robust security measures, and a standout gaming ecosystem, Yeti Ouro appears primed for a significant upside in 2025. Yeti Ouro challenges Shiba Inu with real utility and growth Shiba Inu retains a formidable community and continues to make headlines, but YETIO has quickly positioned itself as a viable challenger. Whether investors focus on SHIB price predictions or look toward projects like Yeti Ouro, the current market highlights one universal truth: Utility and strategic execution often hold the key to sustainable success. With its Play-to-Earn (P2E) ecosystem, 5% burn clause, and rapid presale achievements, Yeti Ouro offers a case study in how a modern crypto project can push beyond the boundaries of mere hype and deliver real-world value to a growing community. For more information on Yeti Ouro, visit the website , X , Telegram , or Discord . Read more: DOGE’s utility concerns rise amid volatility, Yeti Ouro emerges as a strong GameFi contender Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Shiba Inu (SHIB) has positioned itself as the number one meme coin to watch this bull run. SHIB’s growing adoption, whale accumulation, and an expanding ecosystem fuel its momentum. As retail and institutional investors eye meme coins for massive gains, experts predict that GameFi could be the next sector to explode. Rollblock is quickly emerging as the top GameFi investment among the rising stars. Rollblock has over 50,000 active users, and the RBLK presale token has rewarded early backers with over 500% returns. Rollblock’s GameFi Revolution: The Next Big Crypto in iGaming? Rollblock is rewriting the rules of iGaming, establishing itself as the most explosive play-to-earn platform in the space. With over 50,000 active users and a staggering $10.7 million raised in presale funding, Rollblock’s trajectory points to one thing—massive expansion. While the broader market debates the next GameFi giant, Rollblock is already proving itself with an ecosystem designed for both high-stakes investors and dedicated gamers, delivering real revenue-sharing incentives alongside next-gen gaming experiences. The Rollblock platform hosts over 7,000 games for traditional gamers and blockchain fanatics. However, with the introduction of the sports betting option, Rollblock lets users bid on major sporting events like the Premier League and UFC. This strategic expansion has transformed Rollblock into a full-fledged decentralized entertainment hub, creating unstoppable momentum in the iGaming sector. Beyond entertainment, Rollblock’s security-first approach reinforces its long-term legitimacy. Regulatory approval from SolidProof and an Anjouan Gaming license establish credibility in an industry often riddled with trust issues. Unlike centralized competitors, Rollblock prioritizes transparency, ensuring an unbiased and verifiable gaming experience. However, its deflationary tokenomics model truly sets Rollblock apart, which drives long-term value growth. Up to 30% of the platform’s revenue is allocated to weekly token buybacks, with 60% permanently burned, reducing supply and increasing scarcity. The remaining 40% is distributed as staking rewards, offering up to 30% APY for investors and players. With major exchange listings approaching, demand for RBLK is skyrocketing. Stage 10 tokens are moving fast at $0.06, making this the final opportunity to get in before Rollblock becomes the go-to name in iGaming . Shiba Inu Battles for Survival: Can the Number One Meme Coin Rebound? The meme coin market has entered a recovery phase following the latest crypto market crash. Over the past week, Shiba Inu has posted a 4% loss on the weekly charts . However, its daily performance has been impressive. The meme coin’s price chart shows recovery signs, posting a modest 3% gain to trade at $0.000014. While the 4-hour chart has been bearish, Shiba Inu’s community remains bullish about its long-term potential. Source: TradingView Despite these setbacks, Shiba Inu is determined to revive its market position with a new gaming and burning initiative in its ecosystem. The new Duel Mode in the Shiba Eternity game lets players participate in PvP fights for 50,000 SHIB each. The combined 100,000 SHIB prize pool fuels competitive engagement while supporting token burns. Shiba Inu has set an ambitious goal of burning up to 10 billion SHIB tokens daily through this system . If Duel Mode attracts a million daily participants, it could remove roughly $147,000 worth of SHIB from circulation daily. Lucie , a core team member of Shiba Inu’s ecosystem, has emphasized the need for mass participation to make the initiative successful. Nonetheless, market analysts like Ali Martinez remain cautious. Martinez suggests SHIB could decline further, potentially falling to $0.000012 or even $0.0000094 before finding strong support. A 30% drop from current levels could shake out weak hands, setting the stage for a potential rebound. Why Rollblock Could Outperform Shiba Inu Before Q4 2025 Shiba Inu’s potential gains hinge on whether it can reclaim its status as the number one meme coin. Meanwhile, Rollblock’s GameFi ecosystem is surging, with over 50,000 active users and over $10.7 million raised in presale funding. With staking rewards, sports betting, and massive adoption, RBLK’s upside could surpass SHIB’s recovery-driven gains. Discover the exciting opportunities for the Rollblock (RBLK) Presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
As if the bursting of a speculative bubble in memecoins wasn't enough to send crypto markets tumbling over the past weeks, a general risk off sentiment in traditional finance is adding to the pressure. Perhaps in a bit of a speculative bubble themselves, the major U.S. stock market averages have been in quick retreat of late, triggered by a series of tariff threats from President Trump. Threats no more, 25% levies against goods from Mexico and Canada went into effect today, among additional taxes on Chinese goods. Falling another 2.6% yesterday and down in early action Tuesday, the Nasdaq today now sits below the level it was at prior to Trump winning the election in November. Bad news brings lower rates "We're set on bringing interest rates down," Treasury Secretary Scott Bessent stated in an interview with Fox News Tuesday morning. Indeed, the 10-year Treasury yield currently stands at 4.13% versus 4.80% just prior to the Trump inauguration six weeks ago. At the short end of the curve, markets are dramatically repricing expectations for Fed rate cuts in 2025. The odds of at least one rate cut by the Fed's May meeting have risen to 47% versus just 26% one week ago, according to the CME FedWatch Tool . The chances of two or more rate cuts by the June meeting have jumped to 36% from 15% one week ago. Crypto Daybook Americas alluded to potential rate cuts that could help lift depressed crypto prices, though the economy remains far from a return to quantitative easing. While lower rates might seem like an easy fix, the challenge lies in balancing inflation, which currently stands at 3% year-over-year after four consecutive months of increases. The last time headline inflation was at or below the Fed’s 2% target was back in February 2021. The Federal Reserve must navigate a delicate balance — easing rates to help keep the economy out of recession without pushing inflation even higher. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk’s full AI Policy .