Overview

• Bitcoin's price remains stable near $85,000, with reduced volatility and trading volumes down over 25% in the last 24 hours.
• President Trump has threatened to remove Federal Reserve Chair Jerome Powell, citing dissatisfaction with the pace of rate cuts, intensifying market unease.
• Investor sentiment is subdued, with the Crypto Fear and Greed Index remaining in the 'Fear' zone and over $278 million liquidated from the crypto market in the past day.
• Bitcoin dominance continues to rise, reflecting a shift in capital away from altcoins like Ethereum, which has seen a 52% price drop year-to-date.
• Binance is advising governments on strategic Bitcoin reserves following a Trump executive order, signaling growing state-level interest in digital assets.