🪙 Market Outlook & Prices)The crypto market remains under pressure with Bitcoin Ethereum and XRP sliding amid broad macro weakness and risk off sentiment. Cryptos are trading lower as traditional markets fall and investors retreat from risk assets.
Total market cap continues its downswing, reflecting caution and lower momentum across major tokens.
🗣️ Key Industry & Policy News)Minneapolis Fed chief Neel Kashkari called crypto utterly useless dismissing stablecoins as inferior to traditional payment systems which adds to negative regulatory sentiment.
Ethereum’s claimed 50% staking milestone triggered backlash with researchers warning the figure may mislead investors about circulating supply dynamics.
📊 Events & Institutional Moves)A Trump family hosted crypto event at Mar a Lago drew Wall Street executives and officials, discussing crypto deals and lending political attention to digital assets including stablecoin initiatives
