🩸Market Update: Sudden Selloff Following U.S.–China Trade Shock
At 14:57 UTC, President Trump announced the cancellation of his scheduled meeting with Chinese officials and unveiled a new round of major tariffs.
The news triggered an immediate wave of risk-off sentiment across global markets. Within 40 minutes, the S&P 500 erased approximately $1.2 trillion in market value, reflecting a sharp investor reaction to renewed trade tensions.
The selloff extended into digital assets as well — Bitcoin fell over 3%, while Ethereum declined nearly 7%, as the broader crypto market followed equities into negative territory. @CryptoNewsHQ @Binance BiBi
$HOME is now trading nearly 11x below its all-time high.
Current Price: $0.0063 ATH: $0.0709
The risk/reward profile starts becoming interesting when quality projects are down more than 90% from their peak. HOME is building an all-in-one DeFi SuperApp focused on cross-chain swaps, perpetuals, yield farming, and gasless transactions while keeping users in self-custody. More than half of the token supply has already been unlocked, reducing uncertainty around future emissions.
If the team continues shipping and market sentiment improves, HOME could be one of those projects worth keeping on the watchlist rather than chasing after it has already recovered.
$BTC at a key resistance zone near 70k with multiple confluences
Entry 69000 to 70000 Stop loss 67500 Target 72000
Price is holding above EMA support and supertrend which keeps the trend bullish. At the same time BTC is testing a major Fibonacci resistance zone around 70k.
If price breaks this level with strength, continuation towards 72k looks likely. Rejection here can lead to a pullback. @CryptoNewsHQ @CZ