Bitcoin

In the current 'meme season' environment, crypto has decoupled from traditional risk assets as retail FOMO dominates. The market is now pricing in delayed Fed rate cuts (currently priced for September) while ignoring non-systemic risks, reflecting a shift toward crypto-specific narratives over macro fundamentals. This mirrors the 2017 cycle where market resilience to external shocks preceded parabolic moves.

The UK government announced a third British national has a suspected hantavirus infection on Tristan da Cunha.