Deficits + tariffs = print new $ + devalue $ via higher prices.
Add to that Powell & Co inclined to cut rates at the next possible window.
Sell $, Buy assets?

Twitter

The conflict between Israel and Iran rapidly escalated this week. Against the backdrop of widespread volatility in risk assets, Bitcoin was affected but quickly rebounded, rising to $106,000 in the afternoon and currently trading at $105,398.

The US spot Bitcoin ETF has also recorded net capital inflows for five consecutive trading days, with a cumulative amount of $1.3 billion. (On June 13, an additional $301 million in net inflows was recorded.)

[Xnip2025-06-15_15-07-59 | BlockTempo-The Most Influential Blockchain News Media]B...

BTC hits $106,000, Bitcoin spot ETF has net inflows for five consecutive days

XRP is close to massive recovery if this on-chain trend persists

50% XRP Skyrocketing on Background: Bullish Reversal?

According to the @pandajackson42 data panel, Binance Alpha trading volume has been declining for 6 consecutive days since reaching its peak of $2.04 billion on June 8th. On June 14th, Binance Alpha trading volume was $987 million, a decrease of approximately 51% from its peak and about 12.6% from Friday's trading volume. Among these, ZKJ trading volume was $703 million, KOGE trading volume was $159 million, and TAIKO trading volume was $25.75 million, ranking at the top.