Inflation surged to 4.2% in May, driven by a 23.5% jump in energy prices linked to Iran tensions, causing the Fed to likely hold rates steady through 2027. This inflation spike and geopolitical risks have kept crypto markets cautious, with Bitcoin trading between $60,000 and $62,000. After two weeks of heavy Bitcoin ETF outflows, signs of inflows emerged, suggesting a potential bottom as institutions accumulate while retail investors sell. The US-Iran draft deal and the pending CLARITY Act vote are key upcoming events that could influence market sentiment and prices.
The Bitcoin Rainbow Chart predicts BTC could trade between $99,143 and $1.16 million by July 1, 2026, depending on valuation bands. Currently priced around $64,500, Bitcoin is below even the lowest projected level, indicating it is undervalued relati...
The U.S. SEC has approved NYSE Arca's proposal to list the T. Rowe Price Active Crypto ETF, an actively managed fund that can hold a variety of cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Shiba Inu. This ETF aims for long...
The Bank of Japan and Federal Reserve meetings on June 15-17 could cause significant market volatility, especially for cryptocurrencies. The BOJ may consider a rate hike due to a weakening yen and rising import costs, while the Fed is expected to hol...
Bitcoin is currently retesting a critical resistance zone between $65,000 and $67,000 after breaking below a rising wedge pattern. Holding above this range could invalidate bearish signals and allow Bitcoin to continue its upward trend, targeting aro...
XRP exchange-traded products attracted over $10 million in inflows for the fifth consecutive week, contrasting with Bitcoin and Ethereum funds which faced significant outflows. This continued demand for XRP ETFs highlights growing institutional inter...
