Monetary Policy

Bitcoin (BTC) saw a sharp rebound, temporarily trading around $61,520 on July 3. U.S. President Donald Trump refused to commit to signing a housing bill that includes a four-year ban on central bank digital currencies (CBDCs). The Governor of the Central Bank of Russia confirmed that the digital ruble will be launched on September 1, emphasizing a cautious stance on stablecoins, only considering them as a supplement for international settlements. Macro Events & Crypto Hotspots According to CNBC,

During the period from 01:00 to 01:15 UTC on July 3, 2026, BTC price rose in the short term, with a yield of +0.53%. The price range was 61,286.2 to 61,722.7 USDT, with a volatility of 0.71%. This period falls within the active trading hours of the Asian morning session, as the market entered a consolidation and recovery phase after experiencing significant fluctuations in the previous trading day. The main driver of this unusual movement was a speech by Federal Reserve Chairman Warsh on July 2,

Bitcoin rebounded sharply to $61,362 on July 3, with the direct trigger being the June nonfarm payroll report released by the U.S. Bureau of Labor Statistics (BLS) far below expectations: June added only 57,000 jobs, well below the market estimate of 110,000. After the report, the CME FedWatch tool showed the market's probability of a September rate hike dropped from 66% before the release to about 51%. June Nonfarm Payroll Data and Revisions: All Three Figures Miss Expectations According to dat

Bitcoin slightly rebounded to $59,768 on July 2, with total long liquidations exceeding $200 million in 24 hours. Federal Reserve Chairman Walsh stated at the European Central Bank Forum in Sintra, Portugal the same day that the Fed does not provide forward guidance and future policy will be determined based on economic data. He also said that recent inflation expectations and upside risks to inflation have declined. The CME FedWatch tool shows the probability of a September rate hike fell from

Federal Reserve Chair Kevin Warsh stated prices are too high during remarks at the European Central Bank's annual Forum on Central Banking in Sintra on July 1, 2026. Warsh said inflation expectations and risks have eased over his first four weeks as chair but stopped short of signaling the Fed's

Bitcoin is trading near $60,000 after pulling back sharply from a record high above $120,000 earlier in the cycle, with market participants closely monitoring whether the price zone continues to hold amid shifting institutional demand and broader risk-asset volatility. The decline has coincided with

Federal Reserve Chair Kevin Warsh has drawn heightened scrutiny from Wall Street since his first press conference earlier this month, where he stated the Fed would deliver price stability while signaling less forward guidance than his predecessors provided. The increased attention stems from Warsh's

According to the Financial Times, Federal Reserve Chair Kevin Warsh stated earlier this month that the Fed would prioritize price stability while signaling reduced forward guidance on future policy actions. This approach contrasts with his predecessors' more communicative stance. Market reaction

Bitcoin (BTC) continues to be weak without a rebound, temporarily reported at around $59,400 on June 29. U.S. House Speaker Mike Johnson said that the housing bill containing a ban on central bank digital currencies (CBDC) will be sent to President Trump for signing on Monday. The European Banking Authority releases a penalty framework for non-compliant crypto issuers, as full MiCA enforcement approaches. Macro Events & Crypto Hot Topics According to Cointelegraph, U.S. House Speaker Mike Johnso

Bitcoin (BTC) briefly traded at $59,482 on June 29, failing to reclaim the $60,000 mark. Axios cited senior U.S. officials saying that the U.S. and Iran have agreed to stop attacking each other, with both sides planning to hold talks in Qatar's capital on Tuesday, focusing on the Hormuz Strait dispute, but the ceasefire agreement has already faced a crisis within less than 11 days. Root Cause of the U.S.-Iran Ceasefire Crisis: Divergent Interpretations of the MOU and Disputes over Hormuz Strait

Grayscale warned June 26 that stalled crypto legislation could add pressure to bitcoin and digital asset treasuries as the CLARITY Act faces a compressed Senate calendar. The asset management firm said developments around the bill could play a decisive role in shaping market sentiment and

From 03:45 to 04:00 (UTC) on June 26, 2026, BTC rebounded 0.95% in 15 minutes, with the price rising from 59478.9 USDT to 60128.3 USDT, an amplitude of 1.09%. The price had dropped to $58,995 the previous day, hitting a new low since October 2024, and short-term oversold conditions triggered technical rebound momentum. The main drivers of this fluctuation are the concentrated release of technical repair demand and liquidation pressure. The price received buying support when testing the psycholog

From 02:00 to 02:15 (UTC) on June 26, 2026, BTC plunged 1.27% in 15 minutes, with a price range of 58642.4-59456.1 USDT and an amplitude of 1.37%. This period occurred against the backdrop of sustained pressure in the global crypto market, with short-term volatility intensifying and bearish sentiment dominating. The main driving force behind this anomaly is institutional investors continuously redeeming through spot Bitcoin ETFs. Data shows that from May 15 to June 3, 2026, ETFs had net outflows

Bitcoin fell below $60,000 this week for the first time since 2024, trading near $59,230, while the dollar index climbed to its highest levels in over 13 months. The cryptocurrency has declined approximately 43% over the past year as investor interest shifted towards artificial intelligence and