According to @WhiteHouse, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure legislation, a timeline he described as a "realistic expectation." This development provides a clearer path for regulatory clarity in the United States, a key factor for institutional and retail traders. White House crypto adviser Bo Hines endorsed the timeline and urged the House to quickly pass the Senate's GENIUS Act for stablecoins. Concurrently, investor sentiment is improving as the odds of a U.S. recession in 2025 on the crypto prediction platform Polymarket have fallen to 22%, a sharp drop from a high of 66% in April. This reduced economic fear, also supported by Goldman Sachs lowering its recession odds to 30%, may increase risk appetite for assets like cryptocurrencies. Amid these developments, Ethereum (ETH) is trading around the $2,550-$2,560 range.

According to @WhiteHouse, a new deadline for the U.S. crypto market structure bill has been set for September 30, a timeline confirmed by Senate Banking Committee Chairman Tim Scott. This development provides traders with a clearer timeframe for potential regulatory clarity, although disagreements with the House over a separate stablecoin bill could still introduce delays. In parallel, macroeconomic sentiment is improving, with the odds of a 2025 U.S. recession on the crypto prediction platform Polymarket falling to 22%, the lowest since February. This drop from a high of 66% in April, as cited in the report, reflects easing trade tensions and a more optimistic outlook from firms like Goldman Sachs, suggesting an increased risk appetite that could be favorable for assets like Bitcoin (BTC) and Ethereum (ETH).

According to @WhiteHouse, a clearer timeline for U.S. crypto regulation has emerged, potentially boosting market sentiment for assets like Bitcoin (BTC) and Ethereum (ETH). U.S. Senator Tim Scott has set a new deadline of September 30 for passing a comprehensive crypto market structure bill, a timeline he described as a "realistic expectation." This development provides a key date for traders to watch, although potential delays remain as the House of Representatives has not committed to the Senate's pace, particularly on a separate stablecoin bill. Complementing this regulatory news, macroeconomic optimism is growing as the odds of a 2025 U.S. recession on the crypto prediction platform Polymarket have plunged to 22%, the lowest since February and down from a high of 66% in April. This improved economic outlook, driven by easing trade tensions, is historically bullish for risk assets, including the cryptocurrency market.

According to @WhiteHouse, a key U.S. Senator has committed to a September 30 deadline for finalizing the crucial crypto market structure bill, providing a clearer timeline for regulatory clarity. Senator Tim Scott confirmed this accelerated schedule to a White House crypto adviser, a move supported by the administration which is also pushing for the House to quickly pass the Senate's stablecoin legislation. This potential for regulatory progress comes as macroeconomic fears subside, with recession odds for 2025 on the prediction market Polymarket dropping to a multi-month low of 22%. The combination of clearer legislative timelines and diminishing economic concerns may reduce uncertainty and create a more favorable environment for digital assets like Ethereum (ETH), which is currently trading around $2,557 amidst minor daily fluctuations.

According to @WhiteHouse, two significant developments are influencing the cryptocurrency market. Firstly, U.S. Senator Tim Scott announced a new target deadline of September 30 for completing the U.S. crypto market structure bill, signaling a push for regulatory clarity sooner than some lawmakers had predicted. This accelerated timeline could potentially resolve long-standing uncertainty for crypto investors. Secondly, macroeconomic fears are subsiding, as evidenced by odds on the crypto prediction platform Polymarket for a 2025 U.S. recession dropping to just 22%, the lowest since February. This marks a sharp reversal from a peak of 66% in April, a sentiment shift also reflected by Goldman Sachs lowering its recession probability. These factors create a more favorable backdrop for digital assets, occurring as Ethereum (ETH) is trading around $2,563, having seen modest volatility over the past day.

According to @WhiteHouse, U.S. Senator Tim Scott has set a new target deadline of September 30 for completing a comprehensive crypto market structure bill, a move that could provide significant regulatory clarity for the digital asset space. This timeline was confirmed to a White House crypto adviser, although it faces potential hurdles from disagreements with the House on a separate stablecoin bill and a lack of matching urgency from the Senate Agriculture Committee, as per the source. Simultaneously, the macroeconomic outlook is improving for risk assets like cryptocurrencies, with betting odds on a 2025 U.S. recession plunging to 22% on the prediction market Polymarket, their lowest point since February. This decline in recession fears, down from a high of 66% in April, is attributed to easing trade tensions. In the current market, Ethereum (ETH) is trading around $2,557, down 0.24% over 24 hours, while its ratio against Bitcoin (ETH/BTC) has decreased by 1.14%, indicating slight underperformance against the leading cryptocurrency.

According to @FoxNews, Trump Media and Technology Group (DJT) has announced a $400 million share buyback that will be funded separately from its Bitcoin (BTC) treasury strategy, signaling a continued commitment to its corporate crypto holdings. The company, which holds approximately $3 billion on its balance sheet, saw its stock rise over 3.8% on the news. This corporate development coincides with improving macroeconomic sentiment, as odds for a 2025 U.S. recession on the crypto prediction platform Polymarket have dropped to 22%, the lowest since late February. This decrease in recession fears, attributed to easing trade tensions, is generally considered a bullish signal for risk-on assets like Bitcoin (BTC) and the broader cryptocurrency market, as it suggests stronger investor confidence.

According to @StockMKTNewz, the probability of a U.S. recession in 2025 has dropped to 22% on the crypto prediction platform Polymarket, its lowest level since late February, as trade tensions cool and financial conditions ease. This marks a sharp reversal from April when odds reached as high as 66% on Polymarket and Goldman Sachs estimated a 45% chance (source: Polymarket, Goldman Sachs). In a significant development for crypto adoption, prominent financial advisor Ric Edelman told CNBC he now recommends investors consider allocating up to 40% of their wealth to cryptocurrencies like Bitcoin (BTC) (source: Ric Edelman). Edelman cited a "massive change" in the industry, including growing political support and regulatory clarity, which he believes has transformed digital assets into a "mainstream asset" and the "best investment opportunity of the decade" (source: Ric Edelman). The combination of reduced macroeconomic risk and a strong endorsement from a mainstream financial figure managing nearly $300 billion could serve as a powerful catalyst for the crypto market.

According to @StockMKTNewz, odds for a U.S. recession in 2025 have fallen sharply to just 22% on the crypto prediction platform Polymarket, marking the lowest level since late February. This decline in recession fears is attributed to easing U.S. trade tensions, particularly after U.S. Treasury Secretary Scott Bessent hinted at finalizing trade deals before the July 9 tariff deadline. The improved macroeconomic outlook has fueled a rally in the cryptocurrency market, with Bitcoin (BTC) gaining over 1% to trade above $108,000. Other major cryptocurrencies also saw gains, with XRP and Solana (SOL) rising over 2%, and Dogecoin (DOGE) increasing by 3%. This represents a significant reversal from earlier this year when recession odds on Polymarket peaked at 66% following tariff announcements and warnings from financial institutions.

According to @StockMKTNewz, major cryptocurrencies are rallying on positive sentiment after U.S. Treasury Secretary Scott Bessent hinted at forthcoming trade deals before the July 9 tariff deadline. The report notes that Bitcoin (BTC) gained over 1% to trade above $109,000, Dogecoin (DOGE) rose 3%, and both XRP and Solana (SOL) saw gains of over 2%. This market optimism is mirrored by macroeconomic indicators, as the probability of a U.S. recession in 2025 has dropped to a low of 22% on the crypto prediction platform Polymarket, reflecting renewed confidence as trade tensions appear to cool.

According to @rovercrc, several macroeconomic factors are creating a bullish environment for Bitcoin (BTC). The probability of a 2025 U.S. recession has fallen to a low of 22% on the Polymarket prediction platform, easing investor fears. A significant driver for BTC is the U.S. Dollar Index (DXY), which has dropped to its lowest point since February 2022; Andre Dragosch of Bitwise notes this is 'very bullish' for Bitcoin. Further supporting the risk-on sentiment, AI-related stock Nvidia (NVDA) hit a record high, maintaining a strong 90-day correlation of 0.80 with BTC. While bond markets are showing some recessionary signals with a steepening yield curve, traders are increasingly pricing in Federal Reserve rate cuts for 2024, which could further boost risk assets like cryptocurrency.

According to @QCompounding, analysts are presenting divergent views on Bitcoin's (BTC) future trajectory amid low volatility. A CryptoQuant report from June 19 warns that BTC could revisit the $92,000 support level or even fall to $81,000 if demand continues to weaken, pointing to a 60% drop in ETF flows since April and a halving of whale accumulation. In contrast, Glassnode's on-chain update suggests the quiet Bitcoin blockchain reflects market maturity, with institutions and whales using the network for large-value transfers, and notes that derivatives volumes now dwarf spot markets. Trading firm Flowdesk describes the market as "coiled" for a breakout, citing growth in tokenized assets like Gold-backed XAUT. This uncertainty is reflected on Polymarket, where bettors give nearly equal odds for BTC dropping to $90,000 or rising to the $115,000-$120,000 range in June. Meanwhile, broader economic fears are subsiding, as odds for a 2025 U.S. recession on Polymarket have fallen to 22%, their lowest since late February.

According to @NFT5lut, the concept of U.S. exceptionalism is showing strong signs of life as American stock markets outperform global peers, a trend with positive implications for Bitcoin (BTC). Since early April, the Nasdaq has surged 31% and the S&P 500 has rallied 24%, hitting record highs, according to TradingView data. Hani Redha of PineBridge Investments attributes this outperformance to factors like deregulation strengthening U.S. productivity. This economic strength is considered bullish for BTC, which has a historical positive correlation with U.S. equities and has already risen 44% to $108,000 from its April lows. Concurrently, U.S. recession odds for 2025 on the Polymarket prediction platform have dropped to a low of 22%, and Informa Global Markets' Bruce J Clark notes the trend could strengthen the U.S. dollar, creating a potential counter-trend trading opportunity.

According to @KobeissiLetter, trader sentiment on a U.S. recession has improved significantly, with odds on the crypto prediction platform Polymarket dropping to a low of 22%. This shift reflects easing trade tensions and more optimistic economic outlooks from institutions like Goldman Sachs, which cut its 12-month recession odds to 30%. In a widely expected move, the U.S. Federal Reserve held benchmark interest rates steady at 4.25%-4.50%. However, the Fed's updated projections signal a more hawkish stance, with forecasts for lower GDP growth in 2024 (down to 1.4% from 1.7%), higher inflation (PCE up to 3% from 2.7%), and fewer rate cuts expected in 2026 and 2027. Despite the less dovish long-term outlook, the crypto market showed minimal reaction, with Bitcoin (BTC) remaining stable around $104,200 immediately following the announcement, suggesting the decision was already priced in by traders.

According to @KobeissiLetter, the U.S. Federal Reserve has held benchmark interest rates steady at 4.25%-4.50% while revising its economic outlook to project weaker GDP growth of 1.4% and higher PCE inflation of 3.0% for the year. Despite these hawkish revisions and projections for fewer rate cuts in 2026 and 2027, the crypto market showed minimal reaction, with Bitcoin (BTC) remaining little changed around $104,200 following the announcement. This stability comes as recession fears ease, evidenced by prediction market Polymarket where odds for a 2025 U.S. recession have plunged to a low of 22%, a significant drop from the 66% high seen in April. This shift in sentiment is also supported by Goldman Sachs, which recently cut its 12-month recession forecast from 45% to 30%.

According to @FoxNews, odds for a 2025 U.S. recession on the prediction platform Polymarket have fallen to 22%, the lowest since late February, primarily due to easing trade tensions. In contrast, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) dropping over 2.5% to below $105,900. The report notes that altcoins such as Ether (ETH), Solana (SOL), XRP (XRP), and Dogecoin (DOGE) faced even steeper declines of 5% to 7%. This downturn in digital assets is attributed to renewed tariff threats and heightened geopolitical risks involving Iran. Despite the crypto market's negative performance, the article points to weakening U.S. economic data, including a softer Producer Price Index and rising jobless claims, which could pressure the Federal Reserve towards a more accommodative monetary policy.

According to Edward Dowd on Twitter, the probability of a recession is rising, with hard economic data expected to deteriorate further (source: Edward Dowd, April 30, 2025; phinancetechnologies.com). For traders, this signals heightened volatility in traditional and crypto markets, as risk-off sentiment may drive capital flows away from risk assets like Bitcoin and altcoins. Monitoring key economic indicators and adjusting trading positions accordingly is crucial in this environment, as worsening macro data can influence both short-term price action and long-term investment strategies.

According to The Kobeissi Letter, prediction markets, as reported by @Kalshi, foresee a total of 75 basis points reduction in interest rates by 2025, distributed over three cuts. This expectation arises amidst increasing recession probabilities, indicating potential rate cuts as early as next month.

According to @KobeissiLetter, prediction markets are forecasting three interest rate cuts totaling 75 basis points in 2025 as recession probabilities rise, suggesting the Federal Reserve might be compelled to reduce rates as early as next month. This information is crucial for traders assessing the impact on market interest rates and bond yields.

According to The Kobeissi Letter, the market probabilities of a US recession are increasing, with 5-year Treasuries now pricing in a 52% chance of a recession within the next 12 months, up from 45% in November. Additionally, the recession odds priced-in by the Russell 2000 index have surged to 48% from just 1% in November, signaling heightened market concerns over economic downturns.