Geopolitical easing can't boost the coin price either, indicating that everyone really has no money left.

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CoinNetwork
Trump approaches Iran deal, but the crypto market reacts calmly
BiuJieNet reports that although the US-Iran agreement is nearing completion, the crypto market remains under pressure, and total market capitalization has fallen by nearly 2% to $2.21 trillion. BBC reports that the ceasefire has been extended and the Strait of Hormuz has been reopened, and Trump said the agreement could be signed the next day. Digital asset sentiment is lackluster: Bitcoin and others are falling as investors shun risk amid uncertainty in monetary policy and geopolitics. The market has shifted its focus to the Federal Reserve, which kept interest rates in the 3.50%—3.75% range at the June meeting. Analysts say that despite improvements in geopolitical tensions, concerns about borrowing costs and inflation remain, making it difficult for risk assets to attract sustained capital.
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