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Bitcoin and major cryptos pull back 2% as investors await Fed rate decision amid mixed ETF flows.

Market News
16 Jun 2026
Benzinga
View Source
Neutral
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Bitcoin, Ethereum, XRP, and Dogecoin dropped about 2% as markets anticipate the Federal Reserve's upcoming interest rate decision. Bitcoin remains above $65,000 despite a Bank of Japan rate hike tightening global liquidity. Data shows over 100,000 traders liquidated $411 million in the past day, with spot Bitcoin ETFs seeing $64 million in outflows while Ethereum ETFs had $22.5 million inflows. Analysts expect Bitcoin to consolidate before a potential sharp rally, but some caution that summer may bring lower volatility and liquidity.

More News (BTC)

Blackrock's Rick Rieder expects bitcoin to rise significantly despite recent drops.

Blackrock's Rick Rieder expects bitcoin to rise significantly despite recent drops.

Rick Rieder, Blackrock's CIO of Global Fixed Income, stated on June 15, 2026, that he believes bitcoin will go "considerably higher" over the long term despite its recent price drop of about 50% from its peak. Blackrock maintains a moderate bitcoin e...

Market News
Bullish
4 hours ago
BlackRock sees strong long-term potential in Bitcoin despite competition and recent outflows

BlackRock sees strong long-term potential in Bitcoin despite competition and recent outflows

BlackRock CIO Rick Rieder remains optimistic about Bitcoin's long-term growth potential despite competition from AI stocks, income-focused investments, and credit markets. He highlighted that Bitcoin is competing for investor capital with fast-growin...

Market News
Bullish
4 hours ago
Solana jumps 7% as easing U.S.–Iran tensions boost crypto market risk appetite

Solana jumps 7% as easing U.S.–Iran tensions boost crypto market risk appetite

Solana (SOL) surged about 7% over two days, leading altcoin gains amid easing U.S.–Iran tensions that improved risk sentiment across global markets. The rally was driven by macro factors rather than Solana-specific news, with trading volume rising 24...

Market News
Bullish
6 hours ago
Solana nears $77 resistance; a break could trigger rally to $100, but bears still control price action.

Solana nears $77 resistance; a break could trigger rally to $100, but bears still control price action.

Solana (SOL) has gained 13% in the past week, nearing a key resistance level at $77 amid easing geopolitical tensions and lower oil prices. The upcoming Federal Reserve meeting and new chairman's stance on interest rates will be crucial for SOL's nex...

Technical Signals
Neutral
7 hours ago
Crypto analyst predicts next bull cycle bigger, altcoins to outperform Bitcoin after bear market bottom.

Crypto analyst predicts next bull cycle bigger, altcoins to outperform Bitcoin after bear market bottom.

Crypto analyst Kevin Capital forecasts the next cryptocurrency bull cycle will surpass the previous one, with altcoins set to outperform Bitcoin after years of lagging behind. He notes that macroeconomic shifts, including the end of the Federal Reser...

Market News
Bullish
7 hours ago
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