Tensions in the Middle East, Trump Pushes GENIUS Bill, Fed Keeps Interest Rates Unchanged
Tensions between Israel and Iran and the potential for US involvement have rattled global markets, causing a dip across the board. Bitcoin is currently trading at 105K, reflecting the broader risk-off sentiment. On the regulatory front, Trump is aggressively pushing for the GENIUS stablecoin bill, while the Fed kept interest rates unchanged despite mounting pressure from both Trump.