The altcoin market, led by Ethereum (ETH) and Binance Coin (BNB), has gradually gained ground over Bitcoin (BTC) in the recent past. The Bitcoin dominance in the weekly timeframe has experienced a major resistance level of around 65 percent, thus signaling an imminent reversal to kickstart the 2025 altseason soon.
Furthermore, on-chain data shows DeFi projects, led by DEXes such as PancakeSwap (CAKE), have recorded a significant increase in daily volume in the recent past
Binance Coin Benefits from Robust Fundamentals
As the native coin for the Binance ecosystem, BNB has significantly benefited from the notable positive developments of the BSC chain and the crypto exchange. Last week, the United States Securities and Exchange Commission dropped its long-standing case against Binance and its top executives.
As Coinpedia reported, the closure of the SEC vs Binance case will not only have a major positive influence on BNB but also to the entire crypto market. Moreover, BNB is a major liquidity source for dozens of tokens based on the BSC chain.
What Next for BNB Price
In the weekly timeframe, BNB price has been consolidating since March 2024 in a range between $512 and $723. However, the shorter timeframe shows BNB price has been building up bullish momentum.
In the daily timeframe, BNB price has been forming a bullish flag pattern after a solid breakout from the first quarter’s crypto correction. As a result, if BNB price consistently closes above $691 in the coming days, a rally beyond $790 will be inevitable.
However, a possible close below the support level around $648 will signal further bearish sentiment with the next robust target around $635.
Crypto prices dropped after U.S. Federal Reserve Chair Jerome Powell warned that higher tariffs and rising prices could slow down the economy. Speaking in Chicago, he said these changes might lead to stagflation, a mix of high inflation and low growth. Powell also talked about keeping the Fed independent from politics and pointed out how uncertain things are in the market right now. However, his promising comments regarding crypto caught investors’ sentiment.
The market saw a decline on Wednesday after Jerome Powell gave a cautious outlook on the U.S. economy. Powell raised concerns about rising inflation, slower economic growth, and the impact of trade policies, especially President Donald Trump’s proposed tariffs. His remarks led to uncertainty across financial markets, with crypto investors reacting quickly to the bearish tone.
Discussing cryptocurrency, Powell said crypto is becoming more mainstream and that a legal framework for stablecoins is “a good idea.” He highlighted the need for consumer protections and hinted at some regulatory flexibility to allow innovation, but added it must be done carefully to avoid attacking the stability of the banking system.
One of Powell’s most concerning messages was about the growing impact of trade policies. He warned that tariffs introduced under Trump’s administration are larger than previously forecasted, even beyond the Fed’s worst-case estimates. These, he said, will likely drive prices up and slow economic growth.
Powell said, “The effects of that are likely to move us away from our goals, so unemployment is likely to go up as the economy slows in all likelihood, and inflation is likely to go up as tariffs find their way into the economy.”
Regarding the government’s debt, Powell described it as unsustainable over the long run, particularly because the U.S. is running large deficits even while the economy is at full employment.
Fed Focuses on Innovation Amid Tough Road
Powell said that artificial intelligence could bring major changes to the economy, classifying it as more than just an improved search tool, comparing it to a more advanced version of a person. He noted that AI is one of the few developments likely to have a significant impact on the economy, though he acknowledged that it’s still unclear how these changes will unfold.
In a nod to potential challenges ahead, Powell said the Fed may face a situation where its two main goals: stable prices and full employment, come into conflict. If so, the central bank could be forced into making “a difficult judgment.”
Lastly, he addressed the Fed’s readiness to support global markets, saying it stands prepared to provide dollar liquidity via swap lines with other central banks. “We want to make sure that dollars are available,” Powell said.
Overall, the negative outlook on the economy caused Bitcoin and major altcoins to drop by nearly 2%. However, the market has started to bounce back after Powell’s comments about crypto innovation.
The post Crypto Markets Slide as Powell Flags Stagflation Risks, Tariff Troubles; Warns of Tough Road Ahead appeared first on Coinpedia Fintech News
Crypto prices dropped after U.S. Federal Reserve Chair Jerome Powell warned that higher tariffs and rising prices could slow down the economy. Speaking in Chicago, he said these changes might lead to stagflation, a mix of high inflation and low growth. Powell also talked about keeping the Fed independent from politics and pointed out how …
As Bitcoin smashes through the $120,000 mark and market sentiment surges, HTX, a leading global cryptocurrency exchange takes a more measured approach, cutting through the noise to spotlight crypto assets with strong fundamentals and credible tailwinds. Now in its eighth report, HTX’s Crypto Gem Hunt reinforces the platform’s philosophy of value investing, early discovery, and quality priority, curating a list of seven standout assets that combine market momentum with long-term narrative. This is not merely a hotlist of weekly top gainers. It’s a forward-looking curation of projects positioned to outperform over longer cycles.
HTX New Listing Winners
The Selected Seven Assets: From Meme Coins and GameFi to DeFi and L1 Narratives
HTX’s Crypto Gem Hunt #8 features seven cherry-picked assets from several trending sectors with prosperous narratives. These sectors cover meme coins, GameFi, DeFi and RWA innovations, and public blockchain infrastructure.
L1 Public Chain: Time-Honored Infrastructure, New Catalysts
● TRON ($TRX) | Rated S: TRON’s native token $TRX was recently adopted by Nasdaq-listed firm SRM as part of its strategic reserve, making TRON one of the first blockchain networks bridging into U.S. capital markets. This also makes TRON as a battle-tested Layer 1 network with a fresh off-chain narrative. While its price move of +16.7% is modest, its global exposure and off-chain integration signal a longer-term value growth.
Meme Coins: Narrative Continues with Strong Community Backing
● BONK ($BONK): As one of Solana’s OG meme coins, $BONK is back in the spotlight, thanks to the Solana ecosystem revival. According to LetsBONK.fun, BONK has surpassed Pump.fun in on-chain activity, gaining a 193.2% surge over the period.
● MemeCore ($M): The top gainer, with a jaw-dropping +378.3% performance. Recently listed on both HTX and BN futures markets, its liquidity and social buzz continue to scale.
● Banana For Scale ($BANANAS31): A dark horse from the BNB Chain, up 347% since launch. Fueled by the light-hearted vibe and community energy, its memetic power still shows further viral marketing potential.
● Build On BNB ($BOBBSC): Another rising star of meme coin on BNB Smart Chain, $BOBBSC has surged over 200%, leveraging the BNB ecosystem’s benefits. It now plays at a low market cap, ideal for early value investment.
GameFi: Legacy Tokens, New Momentum
● FUNToken ($FUN): A veteran in the GameFi space, now seeing renewed interest. With a robust tokenomics model and real in-game utility, $FUN has rebounded nearly by 94%, positioning itself as a strong recovery asset in the GameFi comeback story.
DeFi + RWA: Real-World Asset Tokenization Heats Up
● Maple Finance ($SYRUP): The rising star of DeFi’s institutional pivot, specializing in on-chain credit and RWA lending. While Maple is tokenizing high-quality real-world assets with strong compliance narratives, $SYRUP has gained a 71.1% increase since its launch on HTX, driven by demand for yield-generating, regulation-friendly assets.
Beyond the Charts: Why These Projects Matter
These seven assets in HTX’s Crypto Gem Hunt #8 share a key trait: they are actively delivering on their narratives, not just promising them. From TRON’s growing real-world footprint to BONK’s strong rise on Solana, from the explosive virality of MemeCore and Build On BNB to the yield-driven momentum of Maple behind RWA’s building, these aren’t flash-in-the-pan plays. They’re structurally supported stories with runway left to go.
HTX’s research team carefully tracks narrative fulfillment, not just speculation. This forward-focused methodology aims to help users identify long-term value, especially as retail sentiment continues to chase short-term price spikes. As the market heats up and narratives rotate at breakneck speed, the report stands as a reminder that the next bull cycle won’t be won by hype alone and the true gems may already be on-chain yet underexposed.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.
