SEI is up nearly 80% in the last seven days after the Sei blockchain was chosen by the Wyoming Stable Token Commission.
The coin could rally to the $0.40 level soon if the bullish momentum persists.
SEI surges above $0.30
SEI, the native coin of the Sei blockchain, was one of the best performers last week, adding nearly 80% to its value during that period. The positive performance comes amid a market-wide sell-off sparked by the conflict between Iran and Israel.
The coin rallied after Sei was announced as one of the two blockchains selected in the last round by the Wyoming Stable Token Commission to become home to WYST, the first fiat-backed stablecoin issued by a U.S. state.
SEI rallied to $0.34, its highest level since January 2025. It has slightly declined to the $0.30 level but could surge towards the $0.40 level if the bullish momentum continues.
SEI could surge towards $0.40 soon
The SEI/USD 4-hour chart is bullish and efficient, indicating that buyers are currently in control and could push SEI’s price higher in the near term. At press time, the price of SEI stands at $0.3045, establishing a strong support level at $0.2900.
The Relative Strength Index (RSI) of 72 shows that buyers are fully in control of the market. The MACD lines are also in the bullish zone, indicating that the SEI/UISD pair could rally higher.
If the bearish momentum continues, SEI could test the next resistance levels at $0.4100. In the event of an extended rally, SEI could surge towards $0.48 for the first time since January 2025.
However, the SEI/USD pair could turn bearish if there is a breakdown in the agreement between Israel and Iran. If that happens, SEI could retest the $0.2900 low or even drop lower to $0.23.
BCH is up 4.5% in the last 24 hours and could rally higher amid technical and fundamental support.
The positive performance comes after Bitcoin Cash tested the support level around $430 over the weekend.
BCH reclaims $450 after creating a low below $440
BCH, the native coin of the Bitcoin Cash blockchain, was on an uptrend last week and broke past the $500 mark for the first time since December 2024. However, the conflict in the Middle East sent the broader crypto market into a bearish frenzy.
The bearish performance saw BCH dump to create a low of $437 over the weekend. However, the market is now bullish thanks to the ceasefire deal between Israel and Iran, with BCH reclaiming the $450 level.
At press time, the price of BCH stands at $478 and could rally higher towards $506 in the short term.
BCH could test the $550 resistance level
The BCH/USD 4-hour chart is bullish and efficient, indicating that the bulls are fully in control after sweeping the low around $440. The technical indicators are extremely bullish, and this could drive BCH’s price to a new 2025 high.
The MACD lines have crossed the neutral zone into the positive territory, indicating a strong buying pressure. The RSI of 59 also shows that buyers are in control. However, the RSI needs to surge to a minimum of 80 to indicate that the BCH/USD pair is oversold.
If the rally continues, BCH will take out last week’s high of $506 and head towards the $550 resistance level. The last time BCH traded at $550 was in December 2024, during the market frenzy heading into President Trump’s second term in office.
In the event of an extended rally, BCH could test the structural liquidity level at $630. However, this could happen if backed by strong fundamental events in the broader cryptocurrency market.
Tariff-induced inflation cited as key reason for delay.
Crypto markets may benefit from lower rates.
Morgan Stanley has issued a major forecast that could reshape market expectations across asset classes. The investment bank now predicts that the US Federal Reserve will reduce interest rates seven times by the end of 2026.
This would bring the federal funds rate down to a target range of 2.5% to 2.75%.
The shift, though delayed, is seen as a possible catalyst for high-risk assets like Bitcoin and other digital currencies, especially as crypto markets typically thrive in low-interest environments.
The first rate cut, however, isn’t expected until March 2026—much later than earlier projections.
Rate cuts delayed, but deeper than before
The revised prediction marks a significant change in Morgan Stanley’s outlook.
Economists at the bank had initially expected rate reductions to begin in mid-2025. However, recent inflation risks—specifically from new US tariffs—have prompted a rethink.
Michael Gapen, Morgan Stanley’s chief economist for the US, attributed the delay to inflationary pressure expected to arise over the next three to six months.
The tariffs are seen as adding to consumer prices, which could prevent the Federal Reserve from cutting rates too early.
Morgan Stanley now expects the central bank to stay on hold until March 2026.
Once rate cuts do begin, they are projected to come rapidly, with the federal funds rate being reduced by a cumulative 275 basis points across 2026 and into 2027.
Impact on crypto and high-risk assets
Periods of falling interest rates tend to favour risk assets. When borrowing costs go down, liquidity improves and investors typically shift capital out of low-yield instruments into higher-return opportunities.
In past cycles, this has benefited emerging markets, technology stocks, and especially cryptocurrencies.
Bitcoin, which was born during the last major low-rate cycle following the 2008 financial crisis, has historically seen accelerated growth during periods of monetary easing.
With the anticipated shift in Fed policy, analysts expect investor interest in digital assets to grow—particularly as regulated Bitcoin ETFs continue to gain traction among institutional investors.
Morgan Stanley’s projection, if realised, could mark a turning point for crypto.
While not an official signal from the Fed, the market tends to price in such expectations ahead of time, often triggering momentum shifts well before the central bank takes action.
Bitcoin’s performance under scrutiny
As of the time of writing, Bitcoin is trading at $107,295 with a market capitalisation of $2.13 trillion. It has gained 1.75% in the last 24 hours.
Although price movement has remained relatively stable in recent weeks, broader sentiment is beginning to turn more optimistic.
The current macro environment has led to cautious optimism among crypto investors.
The prospect of lower rates over the next two years, coupled with the institutional tailwind from ETFs, is creating conditions some analysts believe could support the next major rally.
Market outlook shifts despite Fed silence
While the Federal Reserve has not officially responded to Morgan Stanley’s forecast, the report has already triggered widespread discussion across financial markets.
Portfolio managers and institutional investors are now weighing how a potential rate-cut cycle could reshape asset allocation, particularly into crypto and other high-volatility sectors.
If the Fed follows through with the predicted cuts, capital could begin flowing more freely into alternative investments.
This would likely benefit not only Bitcoin and Ethereum but also newer coins and DeFi platforms that often attract attention during periods of monetary expansion.
Until then, markets remain in a holding pattern. But the groundwork may already be in place for a significant shift once the Fed moves from talk to action.
Chainlink’s LINK could rally towards the $17 resistance level amid improved technicals.
Chainlink partnered with Mastercard on Tuesday, with the price surging by 11% afterward.
LINK hits $13 after Mastercard partnership, looks to rally higher
LINK, the native coin of the Chainlink blockchain, surged to the $13 mark yesterday after adding 11% to its value. At press time, the price of LINK stands at $13.284 and could rally higher in the near term.
The positive performance comes amid strong fundamentals. The ceasefire deal in the Middle East spurred a massive rally in the market. Furthermore, Chainlink announced on Tuesday that it has partnered with Mastercard to enable over 3 billion cardholders to buy crypto onchain.
In addition to leveraging Chainlink’s interoperability protocol and data standards, the partnership will also tap into key platforms and protocols, including Zerohash, Shift4 Payments, and XSwap.
LINK could rally towards the $17 resistance level
The LINK/USD 4-hour chart is currently bullish after the price defended the $11 support level over the weekend. The technical indicators are also bullish and suggest that LINK could rally higher in the near term.
The RSI of 62 shows that LINK is currently experiencing buying pressure from investors. If the momentum increases, the RSI could enter the overbought region of 80, last seen in May.
The MACD lines have also crossed into positive territory, indicating that the bulls are currently in control. While LINK/USD is bullish, the price is still inefficient. LINK could fill the fair value gap (FVG) at $12.4 before rallying higher.
With the bulls still in control, LINK could rally to the first resistance level at $14.23 in the coming hours or days. In the event of an extended bullish run, LINK could test the second major resistance level at $17 for the first time since May.
Overall, the LINK/USD pair is positive, and we might see a slight correction before the rally resumes.
Bitcoin Pepe seeks to integrate Bitcoin’s security with the scalability of platforms like Solana.
The ongoing BPEP presale has raised over $15.5 million to date, and the token is currently priced at around 0.0416.
As per the team, the BPEP token is to be listed on MEXC and BitMart.
Bitcoin extended its recovery on Wednesday, rising to $106,000 as easing geopolitical tensions, rising expectations of Federal Reserve rate cuts, and continued regulatory momentum helped lift sentiment across the cryptocurrency market.
The broader digital asset space moved higher alongside Bitcoin, with total market capitalisation increasing 1% over the past 24 hours to $3.26 trillion.
Risk appetite improved notably after President Donald Trump announced a full ceasefire between Israel and Iran, temporarily ending the 12-day conflict and calming markets.
Amid this rebound, a key regulatory signal emerged from the United States, with the state of Arizona passing a crypto reserve bill.
Regulatory clarity continues to be viewed as a critical driver for broader adoption, particularly among infrastructure-focused and early-stage projects.
One such project is Bitcoin Pepe, whose presale has continued to attract significant investor interest as momentum builds.
Arizona passes crypto reserve bill
Arizona’s House of Representatives has approved legislation to establish a state-managed reserve fund for seized digital assets, marking another step in the state’s evolving crypto policy framework.
The measure now heads to Governor Katie Hobbs for consideration. A previous version of the bill had failed during a final House reading in May.
HB 2324 would authorize the State Treasurer to create and manage a Bitcoin and Digital Assets Reserve Fund to oversee cryptocurrencies acquired through criminal forfeiture.
The fund would be empowered to invest, reinvest, and divest in crypto assets or exchange-traded funds that include digital assets.
If enacted, the bill would represent Arizona’s second law focused on crypto reserves.
In May, the state passed HB 2749, which deals with unclaimed digital assets presumed abandoned.
HB 2324 complements that effort by targeting forfeited assets.
Arizona is also reviewing additional legislation related to crypto security, digital asset kiosks, and payment systems.
Bitcoin Pepe’s price outlook
Growing regulatory clarity in the United States is expected to improve visibility across the altcoin and meme coin landscape, potentially reshaping investor sentiment toward projects with tangible utility.
As oversight increases, market dynamics may shift away from speculative momentum plays toward initiatives that blend cultural relevance with technical substance.
Bitcoin Pepe is positioning itself within this emerging category.
Unlike many meme tokens that trade purely on hype, the project combines infrastructure development with viral appeal.
Marketed as a Layer 2 solution, Bitcoin Pepe aims to integrate Bitcoin’s base-layer security with the scalability of platforms like Solana—an approach that sets it apart from most meme coins.
This infrastructure-oriented strategy appears to be resonating with investors: the presale has already raised over $15.5 million.
Exchange listings on MEXC and BitMart have been confirmed, and an additional listing announcement is expected on June 30, further fueling investor interest as the presale nears completion.
