Photo by Nick Chong on Unsplash
Hey crypto enthusiasts! It’s your friendly guide from CryptosRUs here, sharing some fresh thoughts and updates from today’s crypto landscape. I took my new LC500 convertible out for a drive—top down would have been perfect, but the wind and mic don’t mix well—so I figured I’d make this a casual yet informative update. I want to dive into two key takeaways from today’s crypto world, along with a quick pulse check on Bitcoin, altcoins, and some interesting political news that’s relevant to our crypto journey.
Bitcoin Holding Strong at $1075, But Altcoins Are Testing Patience
First up, Bitcoin is showing some encouraging resilience, holding steady at around $1075. This morning, it even flirted with breaking higher, touching $1080, but it settled back a bit, maintaining most of its gains. That’s good news for Bitcoin bulls. However, the altcoins? Not so much.
I’ll be honest — the altcoins are just irritating right now. They lost momentum, not entirely, but enough to be frustrating. From last night to now, there were some gains, but the enthusiasm quickly faded this morning with a slight pullback that sent many altcoins down further.
What’s really bugging me is the lack of retail strength. Outside of the altcoins buoyed by stablecoin momentum, most altcoins are just trading sideways with no real buying or holding. It feels like retail investors are just trading back and forth, selling at the slightest dip, which is causing these frustrating sell-offs.
Bitcoin, on the other hand, continues to be the rock in the storm, holding strong despite minor dips. It’s clear that Bitcoin’s market maturity is outpacing altcoins right now, which is something to keep an eye on.
Crypto as Recognized Mortgage Assets: A Big Step Forward
Now, here’s a big positive development for crypto holders that I want to highlight. The House committee is pushing for a change that would require Fannie Mae and Freddie Mac—the big players in mortgage lending—to recognize crypto as a valid asset when someone applies for a mortgage.
Why does this matter? Well, if you’re like me and many others, when you apply for a home loan, lenders want to see what assets you have. This usually includes stocks, 401(k)s, bank balances, properties, or cars. But until now, crypto hasn’t really counted. Lenders would often say, “You have to sell your crypto, put the cash in your bank account, then we’ll count it.”
That’s changing. The new administration appears keen to officially recognize crypto assets like Bitcoin and stablecoins in mortgage applications. This is a huge step forward for US crypto adoption and maturity. It means crypto holders can leverage their digital assets more easily and get better access to traditional financial services.
It’s a sign that the regulatory environment is evolving and becoming more crypto-friendly. For those of us holding crypto long term, this makes the dream of using crypto wealth for real-world assets like houses much more feasible.
Political Headlines: The “Daddy” Analogy and NATO Budget Drama
On a slightly different note, I want to touch on a press conference from this morning that caught my attention. A NATO official—can’t recall his exact title—sat down with Trump to discuss the tense Iran-Israel situation.
Interestingly, the NATO guy made an analogy that I had shared myself recently: Trump is playing the role of “daddy” trying to get two squabbling siblings (Iran and Israel) to stop fighting. It’s a fitting way to describe the ceasefire attempts, especially when Iran launched a missile and Israel prepared to strike within the ceasefire window. It felt like those last sibling spats before the parents step in to take control.
Unfortunately, some folks took this analogy way out of context, twisting it into something inappropriate. I want to be clear—it was just a straightforward metaphor about diplomatic tension, not anything else. Plus, there’s always a bit of a language barrier in these international talks that can cause confusion.
Adding to the drama, Trump also expressed frustration this morning about Spain refusing to increase its NATO defense budget by 5%, unlike other NATO members. He warned that if Spain doesn’t meet this commitment, trade deals with them could get more expensive. This NATO budget issue is definitely one to watch, as it could impact international relations and trade.
Other Market Highlights and Final Thoughts
Back to crypto markets: Coinbase and Robinhood both hit new highs today, which is encouraging and shows that overall enthusiasm remains solid. Circle took a breather but looks like it’s heading back up in pre-market trading. So, there’s some positive momentum in the broader crypto ecosystem despite the altcoin frustration.
In summary:
- Bitcoin remains strong and steady — a safe harbor in choppy waters.
- Altcoins are frustratingly flat with weak retail support and lots of trading but little real buy-and-hold enthusiasm.
- Crypto as mortgage assets is a game changer—soon you might be able to use your Bitcoin or stablecoins to qualify for a home loan without needing to liquidate first.
- Political developments remind us that crypto doesn’t exist in a vacuum—global events and policies still affect the market.
That’s it for today’s quick crypto rundown. Thanks for riding along on my drive. I’ll catch you tomorrow morning at 8:30 a.m. Central Standard Time with more updates. Until then, keep your eyes on Bitcoin, stay patient with those altcoins, and keep pushing forward in your crypto journey!
Take care and happy crypto trading!
My Two Crypto Take-Aways from Today: Insights on Bitcoin, Alts, and Crypto as Mortgage Assets. There are any My Two Crypto Take-Aways from Today: Insights on Bitcoin, Alts, and Crypto as Mortgage Assets in here.
