🚨HOT NEWS TODAY🚨

Below are the notable market developments on June 11, 2025, that may impact prices and trading sentiment in the cryptocurrency market:

1. Release of the U.S. Consumer Price Index (CPI)

– On June 11 at 8:30 AM ET (19:30 GMT+7), the CPI for May 2025 will be released, expected to increase by 0.2% compared to the previous month, while the core CPI is anticipated to rise by 0.27%.

2. Reduced expectations for Fed interest rate cuts

– Fed swap contracts currently reflect only about a 0.45% chance of the Fed cutting interest rates in 2025, the lowest level since the first quarter of 2025.

– This indicates that the bond and stock markets are assessing the risk of the Fed maintaining higher interest rates for a longer period, which often leads to a shift of capital away from riskier assets like cryptocurrencies.

3. Restart of U.S.-China dialogue

– According to a report from Danske Bank, the agreement between the U.S. and China to restart trade negotiations has eased geopolitical tensions, contributing to an improvement in the overall sentiment of risk markets, including crypto.

– A “risk-on” capital flow could support a short-term rally for Bitcoin and Ethereum.

4. ETF flows & altcoin developments

– The approval rate for the XRP-spot ETF application has dropped to 85% amid legal hurdles, causing XRP’s price to adjust slightly downward.

– Meanwhile, Ethereum continues to maintain its upward momentum, rising more than 1% from yesterday and establishing a sustainable trend.

5. Participation of large institutions

– Strategy Fund continues to accumulate an additional 110 trillion.