Market Updates
Economic Updates:
- Global Economic Slowdown: The US economy is projected to slow down in 2025, with average annual growth decreasing to 1.7% due to uncertainty and tariff shocks.
- Inflation Concerns: Changes in economic policy are expected to lead to a rise in inflation, potentially reaching 3.5% a/a in Q2 2026. The Federal Reserve is likely to maintain a stable target range for the Fed Funds rate throughout 2025 (4.25% – 4.5%).
- China's Economic Growth: Economic growth in China is expected to be below 5% in 2025, constrained by issues in the property sector and low consumer confidence.
- Europe: GDP growth in the EU is projected at 1.1% in 2025.
- Trade Tensions: President Trump suspended trade talks with Canada and imposed new tariffs on imports, causing unease among U.S. businesses about a potential trade war.
- Hyperinflation: Burundi is now considered a hyperinflationary economy as of June 30, 2025. Ethiopia is no longer considered hyperinflationary.
- Interest Rates: The Bank of England is expected to cut the bank rate at a pace of one cut per quarter in 2025.
Crypto News:
- Bitcoin (BTC) Price Action: Bitcoin experienced volatility, falling below $100,000 USDT on June 22 before rebounding to over $107,000 by the end of the week. The rebound is attributed to long-term holders buying BTC.
- Altcoin Performance: Altcoins showed mixed performance, with some losing value and others showing potential for breakouts.
- Institutional Investment: Nano Labs committed $500M to BNB, signaling growing institutional confidence in Binance Coin. Bitcoin ETFs saw significant inflows, with BlackRock's iShares BTC fund topping $72B.
- Ripple and XRP Ledger (XRPL): Ripple partnered with Wormhole to integrate the XRP Ledger with over 35 blockchains, enhancing interoperability.
- Cardano (ADA) Challenges: Cardano faced downside pressure due to whale dumping, declining active users, and stalled DeFi activity.
- VeChain (VET) Upgrade: VeChain gained attention ahead of its July 1 Stargate upgrade, introducing NFT-backed staking and VTHO fee burns.
- Circle IPO: Circle went public on June 5, 2025, with its share price surging significantly after the IPO.
- Market Sentiment: Twitter showed mostly bullish sentiment towards Bitcoin, while Reddit saw mixed opinions.
Economic and Crypto Outlook for the Next Week (June 30 - July 6, 2025)
- Economic Forecast: Monitor upcoming economic data releases and central bank meetings. Watch for further developments regarding trade tensions and their impact on economic growth and inflation. Keep an eye on policy responses to address economic slowdowns and rising inflation.
- Crypto Forecast: Bitcoin could potentially rise to $110,000–$112,000 if it maintains momentum above the $105,000 support zone. A breakout above the Supertrend resistance at $110,174 may trigger further upside momentum. Conversely, a drop below $103,700 could lead to a retest of lower levels. Monitor ETF inflows and institutional buying, which could drive Bitcoin's price higher.
- Altcoins: Watch for developments related to altcoins, particularly those with upcoming upgrades or integrations.
SorooshX Updates
We are excited to announce the listing of trending trading pairs on our platform (Spot and Futures) during the last week:
- Spot: DeLorean (DMC), Newton Protocol (NEWT), Mango Network (MGO), CESS Network (CESS), Moonveil (MORE), Blum (BLUM), Humanity(H).
- Futures: SAHARAUSDT, HUSDT, NEWTUSDT, DMCUSDT.
Top Trader Bonuses Credited!
We’re excited to announce that the weekly bonuses for our top-performing traders have now been successfully credited to their spot wallets! Each week, we recognize and reward outstanding traders who consistently deliver value to the community through accurate signals and active participation.
This week’s top traders are:
🔹 Phoenix
🔹 Khabar Khan
🔹 Amoo Crypto
🔹 Atila Yardel
🔹 Young Coiners
🔹 Masih
These names stood out for their insightful analysis, consistent updates, and positive impact on the SorooshX trading community. A big shoutout to all of them for their hard work and dedication!
Think you’ve got what it takes to make the leaderboard?
Start your own trading channel on SorooshX today and begin sharing your market insights and signals with a growing community of traders. It's your chance to shine, build a following, and earn weekly bonuses for your performance.
Thank you for being a part of the SorooshX community! Stay informed and make the most of your trading experience on SorooshX! Here’s how you can engage with us:
- Explore New Features: Log in to your SorooshX account to experience the latest updates and improvements.
- Join the Conversation: Join “Ideas” our special social media for traders on SorooshX to stay updated on market trends and platform news.
- Trade Smart: Take advantage of our newly listed trading pairs and explore new opportunities in the market.
