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Share link:In this post: The Czech government lowered its economic growth forecast for 2025 to 2% due to reduced corporate investment linked to U.S. tariffs. Exports, particularly in the auto industry, are slowing overall economic expansion, while household spending remains a key growth driver. The U.S. tariffs, especially on auto parts, have negatively impacted companies’ investment plans and may further slow Czech growth to 1.6% in 2025.
Analysts suggest that Bitcoin price is facing a strong wall at $84,000, which could lead to a breakout for BTC toward $96,000.
Ethereum continues to underperform but the rising bearish sentiment could signal a bullish rally for the cryptocurrency, according to Santiment.
Vitalik Buterin has proposed a roadmap to fix privacy on the Ethereum Layer-1 chain, setting a new benchmark for protocol functionality.
- 20:47Macquarie: The Dollar Is Unlikely to Fully Reverse Its Recent DeclineAccording to a report by Jinse Finance, Macquarie strategist Thierry Wizman stated that even if the Trump administration removes all tariffs, the dollar is unlikely to fully reverse its recent declines. He said, "After all, aside from capital flight, considering the decline in the integrity of some U.S. institutions and systems, it is also necessary to reduce reliance on the dollar. The dollar will no longer be an indispensable currency, but more of an alternative to a few comparable currencies like the euro."
- 20:46Data: Three Whale Addresses Spent $7.2 Million to Buy 5,362 ETH in the Last 2 HoursAccording to Lookonchain monitoring, in the past two hours, three whale addresses spent a total of $7.2 million to purchase 5,362 ETH. Address 0xDdb4 borrowed 3.44 million USDC from Aave and then used these 3.44 million USDC to purchase 1,856 ETH. Address 0xf84d borrowed 1.64 million USDC from Aave and then spent 2.34 million USDC to purchase 1,259 ETH. A newly created wallet (0x69D0) withdrew 2,250 ETH (worth $4.12 million) from a CEX.
- 20:46Analyst: U.S. Stock Market Has Yet to Reflect Damage from TariffsTrade Nation analyst David Morrison stated in a report that the recent rebound in the U.S. stock market still fails to reflect the "severe damage tariffs have already caused to global trade." The U.S. stock market has rebounded from the decline following the announcement of global tariffs by the U.S. in early April, buoyed by expectations of interest rate cuts and stronger-than-expected earnings reports from Meta and Microsoft. Traders are currently focused on the expectation that President Trump will "reach some sort of settlement on the tariff issue," while the Federal Reserve will "cut interest rates when signs of economic distress appear."