🌍 【June 19 Crypto Dispatch】Federal Reserve's hawkish tone shakes the market, US crypto stocks surge against the trend

⏰ Core Events

1️⃣ Federal Reserve Interest Rate Decision:

Maintained the benchmark interest rate at 4.25%-4.50% (paused for the fourth consecutive time)

Hawkish signal: Out of 19 officials, 7 expect no rate cuts in 2025 (up from 4 in March), dot plot suggests expectations of liquidity tightening1

Powell states, "Inflation is slightly above the 2% target; rate cuts must wait for clear signals"

2️⃣ Geopolitical Situation:

Israel-Iran conflict risk eases: Polymarket data shows the probability of US intervention dropped from 80% to 67%

Trump's vague response: "Could take action, could also not"

📊 Market Performance

Key asset dynamics fluctuations: Bitcoin briefly crashed to $103,500 before rebounding and stabilizing, Ethereum holds the $2,470-$2,490 institutional accumulation zone with a slight drop of -0.8%, US crypto stock Circle ($COIN) created a post-market high of $211, a three-week surge of 7 times, altcoins generally followed the market fluctuations averaging ±2-3%

🔥 Focus of Volatility

Coinbase ($COIN): Single-day surge of 16% (driven by applying for tokenized stock licenses + supporting USDC as futures collateral)

Sun Yuchen-related stock SRM: Slightly increased against the trend, returning to the $8 mark

💸 Fund Flows

ETFs continue to attract funds:

Bitcoin spot ETF saw a net inflow of +$216M on Tuesday (seven consecutive days of net inflow)

Ethereum spot ETF saw a net inflow of +$11.1M1

Exchange net outflows:

Bitcoin -$80M / Ethereum -$7.1M (short-term profit-taking pressure)

⚡️ On-chain Hotspots

🚀 Surging Projects

Public chain project performance: SolanaUseless market cap $5M → $100M (20x speed run), AvalancheFengmo breaks $10M market cap, AvalancheLabel maintains a steady $40M market cap

⚠️ Risk Warning

a16z official Twitter hacked: false token airdrop link released (emergency frozen)

BNB chain ecosystem retreats: leading projects CA (-72.5%), RE (zero) deep pullback

🔮 Today's Observation Points

Federal Reserve policy aftershocks: Will the hawkish dot plot trigger a second pullback?

Geopolitical maneuvering: Will Iran respond to Trump's "ultimatum"?

Altcoin season transfer signals: Can the US crypto stock celebration be transmitted to on-chain?

🌐 Operation Tips:

Short-term avoid high leverage, focus on BTC $103k / ETH $2.45k support strength

Long-term layout reference: BlackRock strategy: accumulate ETH on dips (cost range $2,470-$2,490)