BTC hits ATH

What we’ll cover today:

📈 Bitcoin’s ATH vs Wall Street’s flatline

🍽️ Trump’s memecoin dinner & Dems push crypto ban for Congress

🚀 Ethereum’s setup for a potential 43% breakout

Dow Flatlines While Bitcoin Goes Beast Mode

US markets stayed sleepy, but Bitcoin did a backflip. Congress passed Trump’s mega tax bill that could shake the economy.

🚨Breaking News:
The House narrowly passed Trump’s $4 trillion tax-spend bill while Dow ended flat and Bitcoin hit a new ATH.

⚡Wire Simplified:

• S&P 500 dipped 0.04%, Nasdaq up 0.28%, Dow ended flat.

• The bill includes tax cuts and more military funding.

• Passed by 1 vote after last-minute changes for conservatives.

• Treasury yields spiked, sparking fears about long-term debt risks.

• Bitcoin, meanwhile, broke new highs—investors looking elsewhere?

✔️Straight to the Point:
Markets yawned, bonds panicked, and Bitcoin soared. Is this tax bill a sugar rush or a future crash waiting?

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Democrats Want Politicians to Drop the Crypto Bags

Hours before Trump’s memecoin dinner, Democrats led by Maxine Waters dropped a bill to ban crypto ownership for politicians.

🚨Breaking News:
House Dems proposed a bill to block politicians from owning or promoting crypto just before Trump’s glitzy memecoin gala.

⚡Wire Simplified:

• Bill bans the president, VP, and Congress from owning or promoting crypto.

• Calls out potential “crypto corruption” and foreign influence.

• Trump and his family are all-in on crypto—memecoins, stablecoins, even mining.

• Tron founder Justin Sun reportedly holds a chunk of Trump’s memecoin.

• Gala access is literally tied to holding Trump’s token. Wild.

✔️Straight to the Point:
The timing’s spicy: anti-crypto bill meets Trump’s crypto party. Is it corruption prevention or political flexing in Web3?

Ethereum's Warming Up for a 43% Sprint 🚀

Ethereum’s building steam. With higher lows and strong support, it’s eyeing a breakout past $2,800. Bulls are getting loud.

🚨Breaking News:
Ethereum is consolidating near $2,800. A confirmed breakout could push it toward $4,060—potential 43% gain from here.

⚡Wire Simplified:

• Ethereum formed a bullish structure with rising lows.

• The $2,800 resistance is key for a breakout.

• Buyers are defending dips around the 21-day EMA.

• If broken, the next target is $4,060.

• Technicals support the move—watch for volume spike.

✔️Straight to the Point:
Ethereum’s chart is flashing green. If $2,800 cracks, bulls may have their summer run—just don’t fade the volume.