Our Daily Crypto Briefing, your morning dose of whats relevant.
May CPI ran hot at the headline (4.2%) but soft at the core (2.9%), and Bitcoin barely moved, holding the 60K line. With energy driving the print and the Fed's June 17 meeting almost certain to hold, traders are watching the macro, not the chart.
Crypto coiled in a tight range on Tuesday as traders de-risked ahead of Wednesday's May CPI print. Bitcoin and Ethereum held steady, with relentless ETF outflows still the main weight. The inflation number, not the chart, decides the next move.
Bitcoin opened Monday near $63,300, its first solid bounce after a weekend dip below $60,000 — the first time since 2024. Ethereum led the rebound, up 7.7%, and ETF outflows slowed. But May CPI on June 10 and the June 17 Fed meeting still hold the next move.
Bitcoin clawed back above $62,000 on Sunday, steadying after a macro-driven flush to a 2026 low near $59,100 capped crypto's worst week since the FTX collapse. Oversold signals firmed, but May CPI on June 10 and the June 17 FOMC dot plot will set the next direction.
Bitcoin closed its worst week of 2026, breaking below $60,000 to a $59,100 low and flushing roughly $1.8B in leverage after a strong US jobs report lifted yields and repriced the Fed. A thin weekend bounce reclaimed $61,000, but extreme fear and ETF damage linger.
Bitcoin sank near $62,000 on Friday, down about 14% on the week, as US spot ETFs logged a record 13th straight outflow day worth $4.4B. The deeper story is a liquidity rotation into AI equities and IPOs, not crypto-specific news, with Strategy now $11B underwater.
Bitcoin fell to its lowest since March near $65,400 before steadying around $67,000, down 9.5% on the week, as spot ETFs bled another $519M and fear hit extremes. Citi argued the real problem isn't Strategy's sale but missing fresh demand and a fading US market-structure bill.
Bitcoin broke below $63,000 on Thursday for the first time since February, dipping under $62,000 before steadying near $64,000, as spot ETFs logged a record 13th straight outflow day and over $1.5B in longs were liquidated. A fading momentum trade, not Saylor.
Bitcoin lost $70,000 for the first time since April, falling near 6% as an eleventh straight day of ETF outflows, Strategy's first BTC sale since 2022, and a fresh Mt. Gox transfer erased about $110B from crypto. Oil eased on US-Iran peace signals, but crypto didn't follow.
Bitcoin idled near $73,800 on a quiet Sunday, pinned below its 50-day average with sentiment stuck in Fear as a record spot-ETF outflow streak set the tone. Solana's SIMD-547 burn proposal drew founder backing while capital kept rotating out of BTC into XRP, SOL and HYPE.
Bitcoin opened June below $72K and sealed its third red month of 2026 as Strategy disclosed its first BTC sale in nearly four years, stalled US-Iran talks pushed oil back above $93, and a record ETF outflow streak fed a long-liquidation cascade into Extreme Fear.
Bitcoin held $73.4K under $74K resistance Saturday as US spot ETF outflows hit ten straight days totaling $2.96B. Treasury seized roughly $1B in Iranian crypto under Operation Economic Fury as the 60-day US-Iran ceasefire framework publicly collapsed.