The expected easing of the situation in the Middle East is affecting the market, and cryptocurrency ETFs continue to flow out
Trump stated that the US Iran agreement is nearing completion and the market is beginning to price a cooling of the regional situation. Federal Reserve Chairman Kevin Warsh may downplay forward guidance and return pricing power to the market. Cryptocurrency ETFs have had a net outflow of $405 million in the past week and $5.49 billion in the past month.