Our Daily Crypto Briefing, your morning dose of whats relevant.
Crypto slipped on June 23 as a $580M long-liquidation flush pushed BTC under $63K and ETH toward a triple bottom. Post-Fed rate-hike fears and steady ETF outflows capped prices, while the Ethereum Foundation confirmed a 40% budget cut and roughly 20% staff reduction.
Bitcoin held just above $64,000 on Monday, caught between a more hawkish Fed under Kevin Warsh and easing geopolitical tensions. Ethereum outperformed for a fourth straight day on BitMine accumulation, while the Ethereum Foundation lost another co-director.
Friday extended the post-Fed slide into a third session: Bitcoin slipped under 62,500 dollars and Ethereum lost over two percent as a hawkish Fed and firmer dollar kept control. The US-Iran Geneva signing fizzled, since both sides had already signed the deal electronically.
Sunday was a holding pattern: Bitcoin idled in the low-63,000s and Solana extended its bounce, but with an empty weekend calendar the Fear and Greed Index slipped to 23. The week that matters starts now, anchored on Thursday's PCE inflation print.
Saturday snapped the post-Fed losing streak as Bitcoin reclaimed 63,700 dollars and Solana jumped over 5 percent. But the bounce was hollow: ETF outflows continued, Fear and Greed held at 24, and the biggest moves came from speculative micro-caps, not real institutional demand.
Thursday extended the post-Fed slide: Bitcoin opened near 64,450 and slipped under 64,000, Ethereum lost about 2 percent, and altcoins fell harder as Warsh's hawkish dot plot kept rate-hike risk alive. The US-Iran signing is due Friday, though Trump called the deal not final.
Bitcoin held near $66,300 on Tuesday as the Fed's two-day meeting opened under new Chair Warsh and the US-Iran signing was set for June 19. Ethereum kept its lead as the year's only green major, XRP rode a sixth week of ETF inflows, and sentiment stayed fearful.
Warsh's first Fed meeting landed hawkish: rates held at 3.50-3.75%, but the dot plot now shows nine of eighteen officials expecting a 2026 hike and core PCE lifted to 3.6%. Bitcoin slipped under $65K as Ethereum and XRP gave back gains; the US-Iran signing looms Friday.
Sunday stayed quiet until the close, when the US and Iran announced a peace deal with a signing set for Friday. Crypto recovered on the week with Bitcoin near 64,300, and the brutal ETF outflow streak finally paused. Attention turns to Wednesday's Fed decision.
Bitcoin held near 64K through a quiet weekend session as Friday's Iran-deal relief neither extended nor unwound. ETF outflows showed a first sign of slowing, sentiment stayed in Extreme Fear, and the market turned its eyes to Wednesday's Fed decision.
Bitcoin rebounded toward 63,700 and the whole market caught a bid after Trump claimed the Iran war had ended and oil sold off. But the deal was contested within hours, ETF outflows kept running, and the fear gauge stayed pinned at 12. A relief bounce, not a turn.
Bitcoin bounced back above $63,000 on Thursday after President Trump claimed a deal with Iran sent oil and inflation fears lower. The catch: Tehran denies any deal exists, and spot ETF outflows have not stopped, so the bounce looks more like a squeeze than a turn.