cryptocurrency markets
Bitcoin, Ethereum Rebound on Fed Dovishness Amid ETF Outflows
Bitcoin and Ethereum staged a modest recovery over July 1-2 as Federal Reserve Chair Kevin Warsh signaled easing inflation concerns, but institutional demand remains fragile with spot Bitcoin ETFs posting record monthly outflows in June and mixed fund flows persisting into early July. The two-day rally—Bitcoin gaining 3.19% to 3.26% and Ethereum rising 5.41%—represents relief-driven...
Bitcoin Tests $60K Support Amid Extreme Fear; Ethereum Outperforms
Bitcoin continues to trade below the critical $60,000 support level as extreme fear grips markets, with the Fear & Greed Index collapsing to 12 amid a $6.35 billion institutional redemption wave. Meanwhile, Ethereum has outperformed on the back of corporate accumulation, even as geopolitical tensions and AI sector weakness drag broader risk sentiment lower across...
Fed Chair Warsh’s Hawkish Pivot Sends Bitcoin Below $60,000
Kevin Warsh’s debut as Federal Reserve chairman has triggered the worst crypto selloff in months, with Bitcoin plummeting below $60,000 and Ethereum collapsing toward $1,550 as markets digest a dramatically hawkish policy pivot announced June 18. The new Fed leadership removed key easing language from its statement and signaled potential rate hikes ahead, while simultaneously...
Bitcoin, Ethereum Hit Two-Week Lows as Fed Hawkishness Spooks Investors
Bitcoin and Ethereum tumbled to two-week lows on Wednesday as a strong dollar, hawkish Federal Reserve signals, and a broad retreat from risk assets sent both major cryptocurrencies into capitulation mode. Bitcoin opened at $62,660.11, down 2% from Tuesday’s open, while Ethereum started the session flat at $1,665.13—the lowest opening prices for both assets in...
Fed Rate Hike Signals Send Bitcoin, Ethereum Below $63k
The Federal Reserve’s June 17 decision to hold interest rates steady while signaling potential rate hikes later this year has triggered a sharp selloff across cryptocurrency markets, erasing gains made earlier in 2026 and reshaping investor expectations for monetary policy through year-end. Bitcoin and Ethereum have declined more than 2 percent since the announcement, extending...
Fed Rate Hike Signals Send Bitcoin and Ethereum Sharply Lower
Bitcoin and Ethereum have declined sharply since the Federal Reserve concluded its Wednesday meeting with unchanged interest rates but hawkish forward guidance suggesting rate increases could materialize later in 2026. The sell-off underscores how sensitive digital assets have become to monetary policy expectations, with both major cryptocurrencies losing ground as traditional markets repriced the probability...
Fed Holds Rates Steady But Signals Tightening Bias May Weigh on Crypto
The Federal Reserve’s June policy decision, scheduled for announcement on Tuesday at 2 PM EDT, is expected to hold interest rates steady at 3.5-3.75%, but markets are bracing for hawkish guidance that could weigh on crypto assets already pressured by persistent inflation and Middle East tensions. With a 99.5% probability of no rate change priced...