$BTC is down 1.4% at $105,694, while $ETH trades at $2,405. Bitcoin dominance stands at 65.50%
Powell confirmed at an ECB forum that the Fed likely would have already started cutting rates if not for the inflationary impact of recent tariffs. He emphasized the Fed’s cautious, data-dependent approach, stressing that they will assess policy at each meeting without committing to a preset timeline.
A few other headlines include: the SEC approving Grayscale's mixed crypto fund; Figma, a cloud design platform, filing for an IPO with its S-1 revealing $70M held in Bitcoin ETFs; and DeFi Development Corp. announcing a proposed $100 million private offering of senior unsecured convertible notes to acquire $SOL.
Over the last 24 hours, the top three gainers were $SUN, $VENOM, and $KET, while the top three losers were $FARTCOIN, $MOG, and $WIF.
