The crypto market,
briefed in 60 seconds.

U.S. diesel prices hit record high as bitcoin and gold struggle — Record diesel prices may fuel inflation and more Fed rate hikes, while bitcoin and gold struggle.

Bitcoin faces 2022 parallels as federal reserve resumes rate hikes — Bitcoin drawdown mirrors pre-March 2022 Fed hike, raising questions whether a relief rally could precede further losses.

Ripple adds XRP payments to Stripe and Tempo’s AI standard in new developer kit — New developer kit expands XRP and RLUSD automated payments, enabling AI agents to pay repeatedly and manage cross-chain

Crypto Tax Bill Clears House Committee After Clarity Act Setback — Bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on quickly repurchased tokens.

Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023 — Zcash rose 23%; Bitcoin traded above $76,000 as Fed projected limited further tightening; Paradigm’s Matt Huang discussed Zcash as privacy complement to bitcoin.

Revolut hackers demand $3 million in Monero, threaten to sell customer data — Group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings.

Hamas military wing told donors to avoid sending crypto directly from Binance, DOJ filing shows — DOJ documents say Hamas military wing advised donors to use Trust Wallet, Bybit, OKX, Kast, Redotpay for TRON wallet funds.