Altcoins catching fire

What we’ll cover today:

🔸 Bitcoin smashing $100K (and where it’s headed next)

🔸 Coinbase’s $2.9B Deribit takeover—power move?

🔸 Altcoins catching fire: top performers to watch

🔸 Dow + Crypto both 🚀 on Trump’s trade hype

🔸 GENIUS Act flop—stablecoin regs delayed AGAIN 🤯

Bitcoin Smashes $100K 💸

Bitcoin and altcoins popped off after Trump’s UK trade deal news, plus Coinbase’s $2.9B Deribit buy sparked fresh hype.

🚨 Breaking News
Bitcoin hit $100K while altcoins soared; market cap topped $3.1 trillion. Big ups from trade wins and Coinbase’s Deribit deal.

⚡ Wire Simplified –

• Bitcoin flirted with $100K, eyes still on that $109K all-time high.

• Altcoins like Pudgy Penguins and Virtuals Protocol popped +20% to +40%.

• Fed kept interest rates unchanged; first cut expected by September.

• US–UK trade deal = lower tariffs, good news for tech and crypto.

• Coinbase grabbed Deribit for $2.9B—big power move in crypto options.

✔️ Straight to the Point
The combo of Fed vibes, trade peace, and Coinbase's power moves just turned the crypto charts into a launchpad. Eyes up!

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Dow + Bitcoin = Green Everywhere 🔥

The Dow jumped 250+ points as Trump teased his UK trade deal. Bitcoin also broke $100K, flexing hard again.

🚨 Breaking News
Stocks and crypto both ripped higher after Trump’s UK trade deal hint—plus Boeing locked in a $10B jet order.

⚡ Wire Simplified –

• Dow +254 pts, Nasdaq +1%, Bitcoin reclaimed $100K vibes.

• Boeing soared 4% after a juicy $10B plane deal with London.

• Trump hinted at “biggest tax cuts ever” (classic Trump energy lol).

• UK trade deal expected to wrap up “in the coming weeks.”

• US–China trade talks heating up too—more optimism brewing.

✔️ Straight to the Point
Wall Street and crypto are vibing on trade deal optimism. If this plays out, expect a bigger bull run in both spaces.

Senate Kills GENIUS Act

The US Senate just blocked the GENIUS Act—a bill meant to regulate stablecoins—after last-minute drama from Democrats.

🚨 Breaking News
The GENIUS Act failed by 1 vote; crypto’s push for stablecoin rules hits a wall. More delays ahead.

⚡ Wire Simplified –

• GENIUS Act failed 48–49 (ouch, close one).

• Democrats worried about foreign stablecoins + Trump’s crypto ties.

• Even pro-crypto senators like Ruben Gallego hit pause.

• Hawley + Rand Paul also voted “nah” despite party lines.

• Senate leader used a trick vote to leave the door open.

✔️ Straight to the Point
Crypto’s push for stablecoin clarity just hit a brick wall. Regulators are stalling again—no clear path forward...yet.