Wall Street took a hit today as financial stocks tanked on the back of JPMorgan Chase's cautionary comments regarding President Trump's interest rate cap proposal for credit cards. The broader market sentiment soured alongside, with equities closing in the red. This kind of regulatory uncertainty in traditional finance often sends ripples across asset classes, including the crypto markets, as investors reassess their risk exposure across different sectors.
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JustAnotherWallet
· 15h ago
Let's not talk about those traditional finance issues anymore, sooner or later everyone will move into the crypto space.
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Here we go again, every time Wall Street jitters, it's blamed on regulation... What new tricks is Trump playing this time?
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When traditional finance collapses, retail investors start looking at crypto—old tricks.
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JPMorgan says everything is bearish? Or is there really a problem...
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This policy risk might actually be a buying opportunity for crypto.
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Wait, does rate cap really affect the coin price? Or is it just hype again?
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Traditional finance is so tired, no wonder people are moving toward decentralization.
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With such regulation, no wonder market sentiment is so poor.
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Honestly, this kind of uncertainty might actually be an opportunity for long-term holders.
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PanicSeller69
· 15h ago
Haha, JPM is starting to short again. Wall Street really dropped the ball this time.
When traditional finance gets chaotic, our crypto circle has to shake off a layer of dust... I hate this kind of correlation.
Regarding the interest rate cap, it seems Trump just wants to mess with finance.
Hurry up and run, anyway, during times like this, risks are everywhere.
Policy uncertainty is the most annoying; being forced to reduce positions without doing anything.
With this rhythm, should the crypto community start watching the show?
Old-school financial market manipulation is back to blaming each other.
What is Wall Street playing at again? Anyway, we need to stay vigilant.
Traditional finance is in chaos, but crypto is heading to the same fate.
It feels like the policy dividends are gone, and holding coins now requires caution.
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SilentAlpha
· 15h ago
Wall Street is up to its tricks again. When interest rate caps are mentioned, it causes a sell-off. Traditional finance always ends up dragging down our crypto space. Truly unbelievable.
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PrivateKeyParanoia
· 16h ago
When traditional finance collapses, the crypto world starts to stir... I'm already tired of this routine
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Here we go again, Wall Street panics and crypto gets sacrificed
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Interest rate cap? I don't understand why banks are still being regulated; in the end, retail investors always pay the price
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JPM and these folks really know how to create panic, yet the market still falls for it
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Regulatory uncertainty? It's time for us apes to step in
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Feels like when the market drops, the crypto world drops even harder... this ratio doesn't add up
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Why should the mess of traditional finance drag down the crypto market? It's ridiculous
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Is Trump's proposal about protecting the common people or safeguarding bank interests?
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Funds are probably rushing into the crypto market for a bottom-fishing... is this a buying opportunity?
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Another wave of "risk reassessment" is coming again, I'm already tired of hearing it
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SerumSqueezer
· 16h ago
Wall Street is causing trouble again. Every time a policy change blows through, everything collapses, but crypto remains quite stable, haha.
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CoffeeNFTrader
· 16h ago
JPM is causing trouble again. When traditional finance gets chaotic, the crypto world suffers along. It's really frustrating.
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CrossChainBreather
· 16h ago
Coming again? When the US stock market drops, you want to drag crypto down with it. We're already tired of the old tricks in traditional finance.
Wall Street took a hit today as financial stocks tanked on the back of JPMorgan Chase's cautionary comments regarding President Trump's interest rate cap proposal for credit cards. The broader market sentiment soured alongside, with equities closing in the red. This kind of regulatory uncertainty in traditional finance often sends ripples across asset classes, including the crypto markets, as investors reassess their risk exposure across different sectors.