🏦 BTC, ETH Slip after FED cut & TRUMP XI Talks

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This season’s uptrend seems to last only a few hours, huh? 🤔

Just recently everyone was bullish, the Altcoin Season Index kept climbing day by day. We finally hit 75, confirmed the altcoin season… and now, the whole market crashed.

It’s slowly crawling back toward the ‘no Altcoin Season’ zone again…

Here’s what we got for you today:

• 👀 Macro shift: Fed cuts rate, $15B bitcoin seizure

• ⭐ BTC & ETH slide after FED cut & Trump meeting

• ⭐ Binance’s accused of political favoritism for USD1

• 🔥 Burning hot takes for the road

Today’s market’s acting weird again, rates are dropping, Bitcoin’s getting seized, and everyone’s trying to guess what happens next. But almost everyday, we’re guessing (based on data)

If you’ve been feeling the shift lately, this one breaks it down plain and simple, what’s really driving the moves and what might come next.

⚡ BTC & ETH SLIDE AFTER FED CUT AND TRUMP–XI MEETING

It was one of those “good news but bad vibes” kind of days.

After the Fed announced a 0.25% rate cut, Bitcoin and Ethereum dipped sharply as Chair Jerome Powell warned that further cuts aren’t guaranteed. The market had priced in a dovish path, but Powell’s tone was more… cautious boomer than moon boy.

$BTC.X ( ▼ 2.82% ) slid back under $110K, while $ETH.X ( ▼ 3.11% ) dropped below $4K within hours of the statement. Traders were quick to blame the “Powell Pause” for draining momentum from the rally that started earlier this week.

Powell told reporters the Fed will “wait and assess economic data before considering additional easing,” hinting that inflation still has the Fed’s attention.

A few hours later, Trump met with Xi Jinping in South Korea and announced a modest trade truce:

• The U.S. cut fentanyl-related tariffs to 10%,

• Lowered overall tariffs on Chinese goods from 57% to 47%,

• Agreed to open talks on easing semiconductor restrictions

The market reaction? A brief sigh of relief, then… back to waiting.

Crypto barely moved on the news. BTC hovered near $111K, ETH stayed heavy, and analysts called it a “symbolic handshake” more than a breakthrough.

For now, the message is simple: liquidity’s easing, but confidence isn’t. The macro backdrop’s still in control, so it’s one of those times when doing nothing might be the smartest move.

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🛡️ BINANCE ACCUSED OF POLITICAL FAVORITISM AFTER LISTING USD1

Just a week after Donald Trump pardoned Binance founder Changpeng Zhao (CZ), Binance US announced the listing of USD1, the stablecoin tied to World Liberty Financial (WLFI) - a project backed by the Trump family.

The timing? Too perfect for Washington to ignore.

Lawmakers quickly called it a “political favor” dressed up as business.
Sen. Chris Murphy posted on X, accusing Binance of trading influence for access:

Democrats warned that a Trump-backed stablecoin could blur the line between private finance and political power. Some even called for hearings on “crypto interference in policy.”

Binance US then denied any political motive, saying USD1’s listing was approved long before the pardon.

$USD1.X ( 0.0% ) is a dollar-pegged stablecoin from World Liberty Financial; it’s now the #6 stablecoin with roughly $2.97B in market cap and active across major exchanges. Backers say that footprint makes it a natural candidate for listings; opponents argue the optics, coming days after CZ’s pardon, are hard to ignore.

CZ’s legal history continues to frame the debate.

• 2023: CZ pleaded guilty to AML failures, paid a $50M fine, served 4 months in prison; Binance paid $4.3B and pleaded guilty to criminal charges.

• 2025: Following last week’s pardon, CZ wrote: “We’ll do everything we can to help make America the Capital of Crypto and advance web3 worldwide.”

Whether coincidence or calculated, the sequence has become political theater. Binance US insists it’s business as usual. But in D.C., the question is: is crypto now part of the campaign trail?

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🔥 BURNING HOT TAKES FOR THE ROAD

Roughly $150M in long positions were liquidated across BTC and ETH futures right after the Trump–Xi summit. Read more

Mastercard is reportedly in talks to acquire ZeroHash in a $2 billion deal. Read more

ETH developer ConsenSys is preparing for a public listing, working with JPMorgan & Goldman Sachs. Read more

U.S. Bitcoin spot ETFs saw $473M outflows, as investors pulled funds amid post-Fed market uncertainty. Read more

Hong Kong’s SFC is probing how firms manage digital asset treasuries amid tokenization growth. Read more

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