Monetary Policy

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

During the period from 12:00 to 16:00 UTC on June 25, 2026, BTC price fell by 0.12%, ranging from 61,143.0 to 61,364.0 USDT, with an amplitude of 0.36%. This small decline within the time window occurred against the backdrop of a larger drop on the same day — BTC fell 2.63% on the day, 5.29% over the past seven days, and 22.19% over the past month, with the overall market in a clear downward trend. The main driver of this minor pullback was the continued outflow of institutional funds from Bitco

Between 13:30 and 13:45 UTC on June 25, 2026, BTC/USDT experienced a sharp short-term decline, with returns falling to -1.90%. The price ranged from 60,077.6 to 61,343.8 USDT, with a volatility amplitude of 2.07%. This period coincided with the opening of the U.S. stock market, significantly increasing market volatility. BTC briefly fell below the $60,000 mark during the day, hitting a yearly low of $59,103. The primary driver of this anomaly was persistent institutional capital outflows. In Jun

On June 25, 2026, 12:30-12:45 (UTC), BTC rebounded +0.45% in 15 minutes, with the price rising from 61,102.8 USDT to 61,759.8 USDT, an amplitude of 1.08%. Bitcoin had just fallen below the $60,000 mark on June 24, hitting a new year low of $59,023.98, and then showed short-term technical repair demand. The main driving force behind this move was technical rebound demand combined with key support at the $60,000 level. After testing the $60,000 psychological level, the price gained buying support.

According to BlockBeats, on June 25, Tom Lee, chairman of Ethereum's largest treasury BitMine, stated that markets are repricing the macro environment following Kevin Warsh's recent press conference. The 10-year U.S. Treasury yield has risen to approximately 4.5%, above pre-conflict levels of 4.2%,