The financial markets have been highly volatile recently, and the cryptocurrency sector is no exception. Bitcoin (BTC) is maintaining a sideways trend, with investors taking a cautious stance on its future movements. Ethereum (ETH) has stabilized around the $3600 mark, with institutional investors continuously increasing their holdings, showing confidence in its development prospects. However, Solana (SOL) has fallen below the $200 threshold, leading to a general decline in other small market capitalization coins.

In terms of market trends, Trump openly criticized the policy stance of Federal Reserve Chairman Powell, calling for the Fed to take more aggressive action. Meanwhile, the US and Europe are expected to eliminate 15% tariffs, which could inject a boost into the global market.

The regulatory pressure facing the cryptocurrency industry continues to increase. The White House is about to release its first cryptocurrency policy report, which is expected to have a profound impact on the development of the industry. The Pump.fun project is embroiled in legal disputes involving senior management from Solana and Jito Labs. These events may intensify the uncertainty in the market.

Nevertheless, there are still positive signals within the industry. Tron will ring the bell on Nasdaq, a move that may enhance market attention towards the Tron ecosystem. The founder of DDC announced plans to massively purchase BTC, aiming to rank among the top three Bitcoin reserve institutions globally. In addition, new movements have emerged in the Ethereum ecosystem, with approximately 620,000 ETH being unstaked, suspected to be related to the Aave platform, resulting in a sharp rise in ETH lending rates.

It is worth noting that the market capitalization of Ripple (XRP) and Binance Coin (BNB) has both seen significant growth, approaching the market capitalization levels of McDonald's and surpassing that of Starbucks, demonstrating the increasing influence of encryption assets in the global financial system.

Overall, the cryptocurrency market is showing a pattern where mainstream coins remain relatively stable while small coins are under pressure. Investors need to stay vigilant, closely monitor changes in regulatory policies and market trends, and make cautious decisions in this uncertain environment.