Analysis: The crypto market is under pressure due to geopolitical factors and Federal Reserve policy impacts

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Deep Tide TechFlow News, June 18, according to Cointelegraph, the crypto market has been cautious after Federal Reserve Chair Warsh’s first FOMC meeting and Trump’s comments on the Iran deal. Since mid-May, Bitcoin has failed to hold the $80,000 level, June spot ETFs have recorded $2.1 billion in net outflows, and Coinbase’s Bitcoin price has shown a discount for five consecutive weeks compared with international USDT exchanges, reflecting weak institutional demand.

As for the U.S. stock market, the Nasdaq 100 index has fallen 2% from its all-time high, as investors’ expectations for Fed rate cuts have cooled. Strategy’s preferred stock STRC has underperformed; the company must pay $142 million in cash dividends each month, and its current cash reserves are $1.1 billion, raising market concerns about pressure on its financial leverage. If US-Iran negotiations do not progress smoothly, it may take longer for Bitcoin’s rebound to $80,000 to sustain a continued uptrend.

BTC-2.81%
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