Wall Street rushed to launch altcoin ETFs when crypto prices soared. Now, a sharp market crash has wiped out billions. Many altcoins have plunged, revealing their unstable nature. This situation raises concerns about investor protection as the SEC considers new ETF approvals. The volatile digital asset market remains a risky frontier.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
June 25, 2026