💸The Chinese yuan has dropped to its lowest level in two years against the dollar amid escalating trade war rhetoric.

China will not bow to pressure and will firmly defend its legitimate rights, the Chinese embassy in the U.S. stated after new threats from Trump regarding tariffs.

The devaluation of the yuan could be a catalyst for Bitcoin's growth. If the yuan continues to weaken, Chinese citizens may once again start moving their money into Bitcoin — just like in 2013 and 2015, says Arthur Hayes.

🤣 Trump boasts that his friends made billions of dollars from yesterday's panic caused by his statements about imposing tariffs.

🟠 There aren't enough Bitcoins for everyone.

According to statistics, there are only 58 million dollar millionaires in the world, while only 21 million BTC can ever be mined — and 19.9 million have already been mined.

This means that most millionaires will never own 1 BTC.

😤 Since Trump gave the advice "now is the best time to buy":

🔴 A 90-day pause in mutual tariffs was announced;

🔴 The Fed stated it is "absolutely ready" to stabilize the market if needed (turn on the money printer);

🔴 Exemptions from mutual tariffs were announced for smartphones, computers, and chip-making equipment;

🔴 Trump asked China to initiate negotiations;

🔴 The S&P 500 index added $3.5 trillion in market capitalization;

🔴 BTC price exceeded $86,000 and ETH rose above $1650.

🔽 The collapse of Mantra becomes another scandal in the industry

Yesterday, the value of the OM token dropped by 90% after 43.6 million tokens (4.5% of the total supply) were transferred to exchanges.

🤔 The Mantra team stated that they did not sell the tokens and that the incident might indicate negligence or even deliberate actions by the exchanges.​

Previously, the project was associated with several controversial events, including the presence of multiple online casino owners in the Mantra team and false claims in 2021 about investments from FTX.

🇺🇸 The Trump administration stated that the US may use tariff revenues to buy Bitcoin.

⚡️ CZ anticipates a crypto race between countries

The former CEO of Binance stated that we will soon witness "a race among countries adopting Bitcoin".

📈 Gold at Historic High: $3,500 per Ounce

Gold has officially made history, surpassing the $3,500 per ounce mark for the first time. Over the past six months, the metal's price has risen by 30% — and it seems this is just the beginning.​

This growth is attributed to several factors:​

✅Weakening of the US dollar;
✅Rising geopolitical tensions and fears of a new trade war;
✅Sharp criticism from Trump towards the Federal Reserve, casting doubt on its independence.​
Investopedia

In times of instability, investors are flocking to safe-haven assets. Funds have been flowing into gold ETFs for 12 consecutive weeks, and central banks are purchasing 80 tons of gold per month — 30% more than in 2024.​

Goldman Sachs is confident: this isn't the peak yet. Their forecast suggests that by mid-next year, gold could reach $4,000, especially if doubts about the stability of fiat currencies intensify.

🪙 The largest withdrawal of Bitcoin from exchanges in the past year, what could this lead to?

Investors are massively withdrawing Bitcoin from crypto exchanges — in terms of volume, it's the largest outflow of BTC since February 2023. Such movements typically suggest that large holders are starting to accumulate the asset, meaning they are removing it from exchanges to personal wallets, expecting a future price increase.

🪙 This week, financial giant BlackRock bought $1.2 billion worth of BTC. The company now holds 582.4K BTC ($54 billion), accounting for 2.77% of the total bitcoin supply.

🔹 Justin Sun expects Ethereum to reach $5000

The creator of Tron expects Ethereum to rise to $5000 by its 10th anniversary.

The leading altcoin will "celebrate" its anniversary in July.

🟠 Bitcoin is trading at $94,000, yet there is almost no noise.

Interest in Bitcoin on Google is at its lowest levels in years.

But this doesn’t mean that no one has entered the market. It's just that now the growth is being driven not by crowds of retail investors, but by big players: funds, corporations, consultants, and even entire nations.

Bitcoin is attracting increasingly serious investors. And this is changing the rules of the game.

💰 VIP Dinner with Trump

The announcement of a raffle for the 220 largest holders of the TRUMP memecoin led to an explosive surge in activity: transaction volume on the network exceeded $2.4 billion.​

📈 Analysts at Kaiko expect another spike in trading as the contest nears its end, with users actively moving tokens to secure a spot among the winners.