Tariffs Gone; Crypto UP 🚀🤘🏼

One thing about President Trump is that you can never tell the man’s next move.  

He tweeted yesterday urging folks to “BUY” —then went on to pause his reciprocal tariffs, triggering an inflow of trillions into the US markets.

A POTUS of a kind, huh?

In Today’s Edition

🌕Market Watch: A POTUS Market
🌕The SEC’s new dawn
🌕What’s up? DOGE 🤘🏼
🌕Crypto ETFs are down, baby 

Let’s get to it ===>

Market Watch🔍: A POTUS Market

Trump blinks, and the markets bolt.

In a single session, markets whiplashed from panic to euphoria. 

President Trump’s 90-day pause on tariffs—excluding China—unleashed a historic relief rally. 

The S&P 500 surged 9.5%, its best single-day gain since 2008, while the Nasdaq soared 12%. 

Crypto rode the wave, with BTC up 8% to $81.5K and ETH climbing back to $1.6K. SOL bounced to $115.

BTC dominance held strong at 63.5%, signaling that altseason hasn’t quite arrived yet. (Will it ever arrive!)

XRP and DOGE outpaced peers, gaining 12–14% and forming bullish outside day candles, hinting at short-term upside. 

Even meme tokens like Fartcoin and Housecoin weren’t left behind—rising 40% and 175% over the week, respectively—underscoring that retail risk appetite is still simmering beneath the macro noise.

But this wasn’t just about meme magic. Some market structure was at play.

Wednesday’s $350M in short liquidations, the highest since March, helped ignite the rally—especially after BTC’s textbook double-bottom breakout off the $74.6K lows.

Still, the ghost of risks haunt us. China wasn’t spared in Trump’s tariff recalibration, now facing a steep 125% levy. 

With global trade relations in flux and earnings season around the corner, the relief could be short-lived.

Technical signals point to $87K BTC if momentum holds. 

But traders remain cautious: If Bitcoin breaks back below $75K, the bullish setup could unravel quickly. 

For now, the tape reads green—but don’t get too comfortable, especially if your analysis is not AI-backed. 

Yeah, we flexin’ 😎 

The SEC's New Dawn? 🌅

Crypto may finally be stepping out from under its regulatory cloud. 

Yesterday, the U.S. Senate confirmed Paul Atkins as the new SEC Chair in a 52-44 vote, ushering in what’s expected to be a more crypto-friendly chapter for the agency. 

A veteran of both government and Wall Street, Atkins previously served as an SEC commissioner under George W. Bush.

He later founded the consulting firm Patomak Global Partners—whose client list notably includes crypto exchanges and DeFi platforms.

Atkins isn’t wasting time. He’s made it clear that developing a formal regulatory framework for digital assets is a top priority. 

In the months since Gary Gensler’s departure in January, the SEC has already softened its tone.

The agency has rescinded controversial accounting guidance, dropped cases like the one against Coinbase, and formed a crypto task force—set to hold its second roundtable Friday.

But not everyone is cheering. Some Democrats, including Sen. Elizabeth Warren, have criticized Atkins for his firm’s past ties to FTX, claiming he helped “billionaire scammers” enrich themselves. 

Meanwhile, Capitol Hill is still inching forward on legislation: both the STABLE and GENIUS Acts—centered on stablecoin regulation—are headed for floor votes.

This is happening as OpenSea, the leading centralized NFT marketplace, is pushing the SEC to clarify that NFT marketplaces do not qualify as exchanges or brokers under federal securities laws.

Nevermind that OpenSea is itself trying to launch its own fungible token, $SEA. 

We’ll see how this plays out for the NFT company—especially under Paul Atkins, whose job, in no uncertain terms, is to drive a crypto policy revolution.

Time to DOGE in? 🐕

Amid a relatively wobbly crypto market, Dogecoin is barking back into the spotlight. 

21Shares, the firm behind one of the largest spot Bitcoin ETFs, just filed for a spot Dogecoin ETF.

Yes, the memecoin that started it all could soon be gracing institutional portfolios.

In its SEC filing, 21Shares proposes a fund that would track DOGE’s price without requiring investors to hold the coin directly. 

But it’s not just about offering exposure—the firm also announced an “exclusive” partnership with the House of Doge to launch funds endorsed by the Dogecoin Foundation, adding a dose of grassroots credibility to Wall Street's latest crypto flirtation.

DOGE, currently the eighth-largest crypto by market cap at $24B, rose over 6% following the news. 

According to 21Shares President Duncan Moir, Dogecoin’s growing utility in payments, tipping, and charitable giving make it ripe for institutional-grade access. “Dogecoin is money,” echoed House of Doge’s Jens Wiechers.

The ETF filing comes as the SEC weighs several altcoin ETF proposals—including for Solana, XRP, and Litecoin—while awaiting a leadership change. 

Crypto-friendly nominee Paul Atkins now sits in SEC’s chair. 

If confirmed, DOGE might just become more than a meme—it could be your next tradable asset on Wall Street.

Do you believe in this future? Time to DOGE in then?

What The Coin Is Going On? 🪙

1. Crypto ETFs were expectedly gulped down by traditional finance investors who wanted a taste of crypto without touching the spoon. But they’re not loyal. Crypto’s latest drawdown had them fleeing with their capital.

2. Why in the world would anything think this—talk less, say it? These are likely thoughts Elon Musk had after a marketing stunt for Starlink turned into a request to “jerk off” the President.  

3. Too much political power made Hitler believe he could wipe out ‘inferior’ races—he failed. Pakistan is finding itself with too much electrical power—and they’d like to win by mining Bitcoin.

4. Ukraine, still caught in a global conflict in Europe, wants to tax its citizens 23% for making money through crypto.

5. Get clear takeaways from today’s episode on Spotify or Apple.

That’s all for today, folks.    

Talk Tomorrow,
Your Friend At Token Metrics💛