$BTC traded rangebound with no dominant headlines. As of now, $BTC is trading at $104,894 and $ETH at $2,525. Bitcoin dominance stands at 64.86%.
At its June meeting, the FOMC decided to maintain the federal funds rate at 4.25%–4.50%, citing ongoing economic uncertainty and the need for more data on inflation and tariff impacts. The committee’s Summary of Economic Projections indicated the possibility of two 25bps rate cuts by year-end, with inflation forecasts raised to 3% and GDP growth lowered to 1.4% for 2025.
Other notable headlines include: crypto prime brokerage FalconX is in early-stage talks for an IPO; Coinbase has launched Coinbase Payments, a stablecoin payment solution for commerce platforms; and Treasury Secretary Bessent stated that Trump’s crypto push will “lock in” dollar supremacy.
Over the last 24 hours, the top three gainers were $AERO, $KAIA, and $SPX, while the top three losers were $IP, $PENDLE, and $APE.
