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Geopolitical Update:
Trump stated that if the US and Iran reach a final agreement, a meeting with Iran’s new Supreme Leader is not ruled out.
2️⃣ Market Overview:
BTC rebounded to $63,500 📈. US stocks closed mixed — Dow +1.7%, S&P +0.4%, while Nasdaq slipped -0.1% due to pressure from AI-related stocks.
3️⃣ Crypto Regulation:
The US Treasury Secretary confirmed progress on a strategic Bitcoin reserve initiative, while the Clarity Act is being pushed for potential passage this summer.
4️⃣ Market Insight:
Investor “New Stock God” Serenity bought IBIT at $62,000 and ETHA at $1,750, signaling continued institutional interest in crypto exposure.
5️⃣ Industry News:
A US House committee draft on crypto tax legislation is expected to be discussed in a hearing early next week, potentially speeding up regulatory clarity for the sector.