Market traded rangebound without dominant headlines. As of now, $BTC is trading at $84,586 and $ETH is trading at $1,623. Bitcoin dominance stands at 63.69%.
Federal Reserve Governor Christopher Waller warned that sustained high tariffs could push inflation up to 4–5%. However, if economic growth slows significantly under the weight of these tariffs, the Fed may be forced to consider rate cuts earlier than expected. He added that smaller tariffs might keep inflation closer to 3%, giving the Fed more room to delay any policy adjustments into late 2025.
A few other headlines include: Strategy purchases 3,459 $BTC at an average of $82,618, OKX CEO stated they will prepare relevant reports on the $OM collapse, and the SEC delays decisions on crypto ETF staking and in-kind redemption mechanisms.
Over the past 24 hours, the top three gainers were $POPCAT, $FARTCOIN, and $GRASS, while the top three losers were $OM, $DEXE, and $TKX.
