The Federal Reserve maintains interest rates at 3.50%-3.75%, raises inflation expectations, and hints that there may be only one rate cut in 2026 or none at all, putting pressure on risk assets.

The US SEC is advancing proposals for five major classifications of crypto assets plus a safe harbor, tightening compliance thresholds, which could lead to a reshuffling of altcoins.
Bitcoin's hash rate has dropped by 7.8%, with miners shifting their focus to AI computing power.
There are differing views among institutions: while ETF outflows are observed, corporate treasuries are quietly accumulating 200 BTC, and long-term holders are ceasing to sell.
This week, over $438 million worth of tokens are set to unlock, so caution is advised regarding potential short-term selling pressure.