Kraken calls for de minimus exemption on crypto taxes after 2025 reports

What To Watch

• 1.BTC $67,500 — a sustained break below this key support level, especially on higher volume, would signal a potential retest of $64,000 as the market digests recent outflows.
• 2.Stablecoin Dominance (USDT/USDC) — a significant increase in this metric (e.g., above 10%) often signals a flight to safety and reduced risk appetite, potentially preceding a broader market downturn as capital moves out of volatile assets.
• 3.US CPI Report (June 12th) — a higher-than-expected inflation print could lead to increased hawkishness from the Federal Reserve, pushing back rate cut expectations and potentially triggering a broad market sell-off, including crypto, due to reduced liquidity and higher cost of capital.