The tone across today’s headlines is clear: risk sentiment is swinging on macro expectations and crypto-driven volatility. Markets are bracing for a potential Fed rate cut, fueling optimism in Bitcoin, Ethereum, and broad digital assets, while regulatory crackdowns and enforcement actions keep pressure on the sector’s weaker players. Equities are mixed, with global indices struggling to hold momentum as investors digest earnings, policy signals, and sharp pullbacks in heavily traded names. Overall, the news flow reflects a market caught between liquidity hopes and structural uncertainty — a setup that rewards selective attention to catalysts and disciplined interpretation of data.