🌍 Macro & Markets Overview
1. Fed Decision Day (FOMC – Today at 2 PM EST)
The Federal Reserve will announce its latest policy decision today. Markets expect rates to remain unchanged, but traders will be watching for changes in the dot plot and Powell’s tone during the press conference.
• A dovish shift could trigger upside across crypto and equities.
• Markets currently price in a 64% probability of a rate cut by September.
2. U.S. Retail Sales Miss Expectations
May retail sales came in at +0.1% vs. +0.3% expected. Slower consumer spending adds to the case for potential Fed easing in Q3.
3. Gold & Dollar Diverge
• DXY: Holding around 104.50
• Gold: +1.3% at $2,395/oz
Risk hedges like BTC and gold are showing strength amid cautious macro sentiment.
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🏦 Institutional & ETF Highlights
1. $BTC ETF Flows — Net Positive Again
• BlackRock IBIT: +$52M
• Fidelity FBTC: +$38M
• VanEck HODL: +$11M
Cumulative ETF net inflows in June now exceed $830M, reflecting renewed institutional interest ahead of today’s Fed event.
2. Grayscale ETF Premium Narrows
The GBTC discount narrowed to -2.3% — its tightest in 6 months. Analysts interpret this as confidence in long-term ETF demand normalizing.
3. MetaPlanet to Issue Yen-BTC Bond
Tokyo-listed MetaPlanet announced plans to issue a yen-denominated Bitcoin-linked bond targeting domestic institutions — a first of its kind in Asia.
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🪙 Crypto Market Overview
• Price: $107,280
• 24H Change: +0.8%
• Trend: Bullish continuation possible post-Fed
BTC is holding above key support at $106K. Implied volatility is rising as traders prepare for a potential breakout.
2. $ETH (ETH)
• Price: $5,710
• Catalysts: L2 usage + ETH ETF rumors
Ethereum is outperforming in user activity metrics, particularly on Arbitrum and Base. Whisper campaigns continue around a potential ETH spot ETF approval window in Q3.
3. Solana (SOL)
• Price: $189.60
• Solana DEX volumes remain dominant, and meme coin activity is driving wallet growth. Solana NFTs
