Following the Federal Reserve’s recent notes, Bitcoin’s price took an unexpected upward turn, nearly reaching its all-time high. Despite former President Trump’s reinstatement of April tariff rates and the three-week ultimatum for new negotiations, the rise in cryptocurrency prices has been impressive. Recently, Coinbase announced the listing of two altcoins, sparking further interest in crypto markets.
Coinbase Announces Altcoin Listings
Coinbase Exchange has just announced that it will list two altcoins from the Ethereum 
$2,317 network. SKY and USDS are set to be listed, provided liquidity conditions are met, on July 10th. The addition of these assets is expected to influence trading activities significantly.
According to the announcement, “Coinbase will add support for Sky (SKY) and USDS (USDS) on the Ethereum network (ERC-20 token). Do not send these assets over any other network, as your funds will be lost. Transactions are to begin on July 10, 2025, at 9:00 AM PT, contingent upon liquidity conditions. Once sufficient supply is achieved, trading in SKY-USD and USDS-USD pairs will progressively commence. Support for SKY and USDS may be restricted in some areas.”
Following the announcement, the SKY coin’s price increased by 5% before settling back to $0.0817. This fluctuation highlighted the market’s keen interest in Coinbase’s updates.
Bitcoin Nears ATH Levels
At the time of writing, Bitcoin 
$77,710 peaked at $111,644 for the day. Traders anticipate that continued growth could push it past $111,980, setting a new all-time high. On Binance‘s USDT pair, the price recently touched this peak, and the $107,500 support level has bolstered investor confidence for an upward trajectory.
In a notable development, Emirates announced its acceptance of BTC and altcoins for payments. Additionally, the Fed’s meeting notes indicated decreased concerns among members about economic outlooks. While the notes confirmed views previously expressed by Waller and two other members, tariff letters sent near the April 2 rates have diminished the expectation for interest rate cuts in September. It appears increasingly likely that rate stability will persist throughout July.
Concluding the session, BTC reached $111,800. As of 10:56 PM, it established a new ATH of $111,999.
