🚨BREAKING NEWS TODAY🚨
🐥Today, June 20, 2025, the cryptocurrency market is experiencing volatility mainly under pressure from macroeconomic news and industry events. Below are the key factors affecting price movements:
📝Macroeconomic News:
• The U.S. government’s employment report shows that in May 2025, jobs decreased by 22,000, raising concerns about economic growth and inflation trends. This information has caused some capital to flow out of risk assets, including cryptocurrencies, leading Bitcoin to drop about 1.2% to around $62,500 (as of 10:00 AM UTC)
• The series of public speeches by Federal Reserve (Fed) officials will resume on June 21, 2025. The Fed's meeting schedule and comments usually have a strong impact on cryptocurrency market sentiment, especially as investors look for signals regarding the interest rate hike path.
📝Blockchain & Tokenomics Events:
• On June 20, 2025, there will be a “burn” event for RSR tokens, reducing supply and potentially supporting RSR prices.
• On the same day, a batch of unlock ZRO tokens worth approximately $56 million USD is expected to be released, which could temporarily create selling pressure in the market.
📊 Assessment: capital flow remains cautious amid macroeconomic concerns, while legal signals and internal blockchain events continue to create short-term opportunities. Investors should closely monitor the Fed's speech on June 21 and the effects following the token burn/unlock to make appropriate positioning decisions.