Crypto opens the new week quite sluggishly.

Early this morning, BTC made a quick sweep around the $93K region before the weekly candle closed, marking the third consecutive red weekly candle and also the lowest level since May 2025.

Fed officials continue to signal a hawkish stance, with Fed Logan stating that it is very difficult to support a rate cut at this time, while Fed Schmid warned that continued cuts could put prolonged inflationary pressure. Only Fed Miran supports continuing rate reductions.

U.S. Treasury Secretary Bessent stated that the $2,000 airdrop still needs approval from Congress and will be implemented next year. This amount is likely not to be distributed directly but will be applied in forms such as tax reductions or tax exemptions for tips.