📊 Are Macro Trends More Influential Than State-Level Actions in Crypto?

🏛️ Powell at ECB Forum: Fed paused due to tariff-driven inflation risks; rate cuts possible, data-dependent. July “not off the table.”

📊 Strong U.S. data: June PMI beats (S&P 52.9, ISM 49.0); JOLTS 7.77M vs 7.30M est. S&P 500 near ATH at 6,198.

💶 Stablecoins: Germany’s AllUnity approved to issue euro-backed stablecoin. Paxos launches $USDG in EU (MiCA compliant).
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