Bitcoin’s fragile floor cracks as Fed hawks circle and ETF investors keep pulling out: analysts
Bitcoin fell to $58,000 on June 25 as hot PCE data stoked Fed rate fears and spot ETF outflows extended to a six-day streak.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin fell to $58,000 on June 25 as hot PCE data stoked Fed rate fears and spot ETF outflows extended to a six-day streak.
Why this matters
Bitcoin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
OKX Secures Circle, Ripple and Standard Chartered Backing at $25B Valuation
Key Takeaways: OKX raised funding with Circle, Ripple, QRT, and SC Ventures with a valuation of $25B. The deal is a continuation o...
US Investors Want to up Their Crypto Holdings: Charles Schwab
Bitcoin Magazine US Investors Want to up Their Crypto Holdings: Charles Schwab Forget stocks — U.S. investors are more interested...
Bitcoin price has risen 84% since January 2024 while Treasury yields climbed
Bitcoin traded below $84,000 on Oct. 7 as US Treasury yields near 5.3% offered investors a competing interest-bearing alternative....
Tether Celebrates 12 Years, USD₮ Surpasses 700M Users
Key Takeaways: Tether marked the 12th anniversary of the world’s largest stablecoin by market cap, USD₮. The company claims that U...
Circle partners with Tereina to bring USDC and EURC into SAP Pay
Integrating stablecoins into SAP Pay could streamline enterprise payments, reduce costs, and accelerate blockchain adoption in bus...
Bitcoin Price Set for a Boost: Arthur Hayes Bets on an AI Boom Bust
As Bitcoin price slid toward $83,800, $4000 million in leveraged crypto longs were liquidated within one hour. This is a sharp rem...