JUST IN: 🇪🇺 🇺🇸 European Union says it's ready to discuss zero-for-zero tariffs with the US.

S&P 500, NASDAQ 100 TURN POSITIVE

BREAKING: President Trump warns of a 50% tariff hike on China if it doesn’t roll back its recent 34% tariff increase.

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S&P 500 Chart [1h]

BTC/USDT Chart [1h]

#USDT DOMINANCE ANALYSIS

USDT Dominance is currently consolidating within an ascending channel pattern, showing a rebound from the support trendline. The Ichimoku Cloud is providing support, indicating underlying bullish momentum that may sustain the current structure.

A breakout above the channel would signal further upward movement, potentially reflecting increased caution in the broader crypto market.

On the other hand, a breakdown below the channel could trigger a shift to risk-on sentiment, leading to a decline in dominance. Keep a close watch on upcoming price action developments.

Given its inverse correlation with the broader cryptocurrency market, a downward move in USDT Dominance could signal bullish momentum across cryptocurrencies.