Daily Market Wrap: Rates Steady

Hot Topics

• Fed leaves rates steady despite Trump pressure, gives no hint of September cut
• White House's working group releases crypto report
• Hong Kong to Regularise Tokenized Bond Issuance by 2025
• U.S. Senator Proposes Mortgage Reform to Include Crypto Assets in Loan Evaluations
• SEC Permits In-Kind Creations and Redemptions for Crypto ETPs
• US Made Trade Deals With Thailand and Cambodia, Lutnick Says

Market Updates

• Bitcoin options exposure tops $57 billion amid soaring institutional hedging demand
• Last 24 hours: Bitcoin Tumbles Below $116K as Jerome Powell Delivers Hawkish Remarks
• MSFT, Meta Soar on Strong AI Earnings, but Crypto AI Tokens Fail to Follow