Crypto news :
Market Overview: Bitcoin (BTC) has dipped to around $63,900 as the market processes the fallout from the latest Federal Reserve meeting.
Macro Contrast: Crypto assets are trading in the red today even as traditional equities rally on news of an impending US-Iran peace deal.
Fed Shockwaves: The Federal Open Market Committee kept interest rates steady at 3.50%–3.75% under new Fed Chair Kevin Warsh.
Rate Hike Fears: Shocking the markets, the Fed's new dot plot reveals that 9 of 18 officials now project a rate hike later in 2026.
Sentiment Plunge: The Crypto Fear & Greed Index plummeted to a reading of 15 today, hitting its lowest level since the May crash.
Sovereign Buying: Anticipation builds as the industry awaits the finalized US Strategic Bitcoin Reserve architecture, due by July 22.
ETF Outflows: Spot Bitcoin and Ethereum ETFs suffered a combined net outflow of $111 million following yesterday’s hawkish FOMC update.
Smart Money Buying: Defying the downward price action, long-term Bitcoin holders aggressively accumulated 125,000 BTC throughout June.
On-Chain Bottoms: Five major network metrics, including the MVRV Z-Score, are simultaneously flashing historic market cycle bottoms.
Corporate Backing: Institutional buyers are capitalizing on the dip, with Marathon Digital purchasing 1,000 BTC for $66.7 million.
Technical Battle: Bitcoin is fiercely fighting to reclaim its pivotal 200-day moving average, which currently sits near $65,192.
Ethereum Underperformance: Ethereum (ETH) continues to slide faster than BTC, finding temporary short-term support right at $1,700.
Ratio Breakdown: The crucial ETH/BTC trading ratio has collapsed to a 10-month low of 0.027, highlighting Bitcoin's market dominance.
Network Catalyst: Ethereum developers are betting on the upcoming "Glamsterdam" upgrade in August to boost transaction speeds to 10,000 TPS.
Regulatory Friction: Reports indicate Binance’s MiCA application in Greece has stalled after alleged pushback from the European Central Bank.