According to Evan (@StockMKTNewz), Federal Reserve's Barkin stated there is no rush to cut interest rates and highlighted persistent inflation risks due to tariffs. This cautious monetary stance suggests continued pressure on risk assets, including Bitcoin (BTC) and Ethereum (ETH), as high rates typically limit liquidity flows into cryptocurrencies. Traders should watch for potential volatility in crypto markets as rate cut expectations are pushed further out, impacting both short-term sentiment and long-term positioning. (Source: https://twitter.com/StockMKTNewz/status/1936098871026807179)

According to Michael Burry Stock Tracker, PDD Holdings (PDD) reported a significant decline in Q1 profitability, with net income dropping 47% year-over-year and earnings per share falling to $1.56 from $2.83. Margins decreased from 33% to 19%, and revenue growth slowed to 10% YoY, marking the lowest pace in years. Michael Burry warns of heightened tariff risks and continued margin pressure, signaling potential red flags for traders. These developments may impact investor sentiment across Chinese tech stocks and could indirectly affect crypto market flows as traders reassess risk exposure. Source: @burrytracker on Twitter.