Strategy's preferred stock (STRC) — the funding vehicle behind Saylor's Bitcoin buys — hit an all-time low of $82.53, closing at $88.59. First-ever close below its $90 IPO price.
Strive CEO called it "the most difficult day in the history of digital credit" — leverage liquidation, not a default.
Strategy already sold BTC for the first time ever just to cover dividends. Dividend coverage down to ~7 months from 24.
Saylor's only comment: "Bitcoin keeps working. So do we."
This isn't a price story — it's a leverage and funding-structure story.
After 4 straight red days, BTC is back above $63,000 — bouncing cleanly off the 200-week SMA near $62,000, one of crypto's most respected long-term support levels.
On-chain activity just hit its strongest level of 2026, even with price under pressure — a sign sentiment may be turning before price confirms it.
Still cautious though: this follows Warsh's hawkish dot plot and $141M+ in liquidations.
🟢 Reclaim $65,000 → bullish momentum back 🔴 Lose $62,000 → opens door to $60,000
BTC opened at $62,882 today, down 2.4% — 4th consecutive decline since Wednesday's Fed meeting. ETH opened at $1,709, down 2.2%. Rate cuts are essentially off the table for 2026. A stronger dollar + higher-for-longer rates is pressuring crypto, gold, and silver alike. DeFi tokens leading losses, with Strategy's STRC concerns adding extra pressure.
Watch: close above $63,700 = stabilization signal. Below $62,000 opens door to $60,000.
🏛️ The CLARITY Act Is Closer to Law Than Ever — Here's Why It Matters
While everyone's focused on the Fed, a bigger long-term catalyst is quietly moving through Congress: the CLARITY Act — the most consequential crypto regulation bill in US history.
Where it stands:
The bill cleared the Senate Banking Committee 15-9 last month and is now on the Senate Legislative Calendar, officially eligible for a full floor vote. The White House is targeting a July 4 signing.
Why this matters for crypto:
This bill would give the CFTC clear jurisdiction over digital commodity spot markets while the SEC keeps oversight of investment-contract assets. In plain terms: it ends years of regulatory gray-zone confusion for Bitcoin, Ethereum, XRP, Solana, and the broader market.
The catch:
It needs 60 votes to clear a filibuster — only 2 Democrats supported it in committee. 7 more Democratic votes are needed on the floor. The unresolved sticking point is an ethics amendment restricting officials (including the Trump family) from crypto business interests, which already failed 11-13 once.
Market reaction so far:
When the bill cleared committee, Bitcoin and Ethereum both moved higher, while regulatory-sensitive tokens jumped harder — Hyperliquid rose around 11% on the news.
Bottom line:
Even in the best-case scenario, enforceable rules won't exist until 2027. But the political signal alone — a real regulatory framework finally within reach — is why this is being called the single biggest catalyst left for crypto in 2026.
Do you think it clears the Senate by July 4, or does it slip past the deadline?
While BTC sits near $63,900 post-Fed shock, ETH is holding at $1,733 — outperforming BTC by 6.6% this week.
Why: Ethereum's Glamsterdam upgrade just hit final devnet, BitMine holds 5.62M ETH, and spot ETF inflows are returning to ETH even as BTC ETFs bled $111M.
Two catalysts ahead:
🔹 CLARITY Act — targeting July 4 signing, big regulatory win for altcoins 🔹 Mid-July CPI — cooler inflation could soften Fed's tone by September
BTC trades the Fed. ETH trades its own fundamentals — and it's winning right now.
🔴 Hawkish Fed Shock: Bitcoin Drops While Stocks Rally
Bitcoin is at $63,908 (-1.29%) after the most hawkish Fed decision in years. 9 of 18 officials now project a 2026 rate hike, and Warsh just killed forward guidance entirely.
Meanwhile, stocks are rallying on the Iran peace deal — S&P +1.7%, Nasdaq +3.1%. Crypto and equities trading two completely different stories this week.
BTC/ETH ETFs saw $111M in outflows as rate-cut hopes died. But long-term holders absorbed 125,000 BTC this month — biggest accumulation event of the cycle. Whales now hold 35.82% of supply.
⏳ Hours Away: Warsh's First Fed Decision Could Set $BTC
Bitcoin's Direction for Weeks
The countdown is on. In just hours, Fed Chair Kevin Warsh will deliver his first interest rate decision and press conference — and the crypto market is positioned for a sharp move either way.
What's basically guaranteed:
A rate hold at 3.50%–3.75% is priced at 97-99% probability. This part isn't the story.
What actually matters — three signals to watch:
1️⃣ The Dot Plot itself — Several Wall Street economists now expect Warsh may decline to submit his own rate projection altogether, given his long-standing public criticism of forward guidance. If he skips it or scraps the dot plot framework entirely, that's a structural shift in how the Fed communicates — and markets hate uncertainty about uncertainty.
2️⃣ The Press Conference tone — This matters more than the dots, according to several major banks. Warsh has openly said the Fed should "say less." How he handles his first round of media questions will set the tone for his entire tenure.
3️⃣ Hidden hawkishness in the SEP — Even if Warsh sounds calm, individual FOMC members could still pencil in hawkish projections through the Summary of Economic Projections. A record number of dissents at the last meeting suggests this committee isn't unified.
The setup right now:
BTC is consolidating in the $64,800–$65,800 zone, volume down 22% — classic pre-event compression. Long-term holders absorbed 125,000 BTC this month while short-term sentiment sits at Extreme Fear (22). That's a wide gap between what big holders are doing and what the crowd is feeling.
If dovish: Path opens toward $67,000–$70,000
If hawkish: Retest of $62,000–$60,000 becomes likely
This is a "buckle up" moment, not a "trade now" moment. Where are you positioned heading into this — long, short, or sitting in cash?
React as Fed Chair Warsh Delivers His First FOMC Decision
Bitcoin is trading at $64,881, down 2.56% in the last 24 hours, as markets brace for today's FOMC rate decision — the first under new Fed Chair Kevin Warsh. Volume has dropped 22% from yesterday, a classic sign of traders sitting on the sidelines before a major catalyst.
What's driving the pullback:
A rate hold at 3.50%–3.75% is near-certain. The real story is in the dot plot. Prediction markets now price a 50.5% chance of at least one rate hike in 2026 — a sharp reversal from near-zero odds at the start of the year. That repricing is what pulled BTC off yesterday's $66,340 close.
Key levels to watch:
Resistance: $67,500–$68,000 Support: $63,700, with $60,000 as the deeper line If the dot plot shifts from two 2026 cuts to one or zero → expect a test of $62,000–$63,000 A dovish surprise reopens the path toward $67,000
The other side of the coin:
Despite the red day, on-chain data tells a different story. Long-term holders absorbed roughly 125,000 BTC in June alone, and Strategy added another 1,587 BTC, pushing its total holdings to 846,842 BTC. Smart money appears to be buying the dip while short-term sentiment stays cautious (Fear & Greed Index: 22, Extreme Fear).
ETH is holding near $1,762, broadly tracking BTC's moves as the market waits on Powell's successor's first press conference at 14:30 ET.
My take: This looks more like repositioning than panic. Low volume on a down day usually means conviction is missing on both sides. The next 24 hours will set the tone for the rest of the month.
What's your call — hawkish hold or dovish surprise? Drop your prediction below. 👇
Friends, the entire market is focused on one level today! 👀
━━━━━━━━━━━━━━━━━━━━
💪 WILL HOLD IF:
🟢 Strong technical support at $60k 🟢 Whales are accumulating 🟢 Exchange reserves at a 7-year low 🟢 Network hash rate at 650+ EH/s — miners are confident CoinpediaMudrex
📉 WILL BREAK IF:
🔴 ETF outflows at $3.5B — selling continues 🔴 Weekly close in red — $50k possible 🔴 Market still fragile OpenPRCoinpedia
━━━━━━━━━━━━━━━━━━━━
💡 Smart Trader:
✅ Hold at $60k → Accumulate ✅ If it breaks $60k → Get ready at $50k ✅ No leverage — Stay Emotionless
━━━━━━━━━━━━━━━━━━━━
🗳️ What’s your prediction?
A — 💪 Hold — Bounce will come B — 📉 Break — Will hit $50k C — 😐 Will remain sideways D — 🤷 Not sure
⚠️ Michael Saylor bought Bitcoin — Still, the price didn't budge. Why? 🤔
Folks, the biggest news today is:
Strategy has bought more Bitcoin — but the price remains almost unchanged. CoinDesk
This means the market is still confused.
━━━━━━━━━━━━━━━━━━━━ 📊 TODAY'S REAL SITUATION ━━━━━━━━━━━━━━━━━━━━ 🔴 Investors are still waiting for US inflation data and the looming Fed meeting is causing jitters. CoinDesk
🟡 Experts say this bounce isn't a real bullish revival — the $68,000 to $80,000 zone will be the real test. CoinDesk
🟢 However, the US CLARITY Act has passed the Senate Committee — this means clearer regulations are coming for crypto. This is a very bullish signal for the long term. Polymarket
⚡ Bitcoin has bounced back to $63,000 — But is this a real recovery?
Guys, last week Bitcoin dropped to $59,000. Today it’s back above $63,000.
But the question is — has real demand returned, or is this just a relief bounce? Investing News Network
📊 Current situation:
🔴 Michael Saylor's company Strategy sold Bitcoin for the first time since 2022 — this news triggered last week's panic. Investing News Network
🔴 Spot Bitcoin ETFs saw net outflows for 10 consecutive days — approximately $3 billion left the market. Tradingkey
🟢 However, Saylor has hinted that he is starting to accumulate again. Investing News Network
🟡 Experts say — the $60,000–$63,000 zone is still critical. If we reclaim $66,000 with real spot volume, sentiment could shift. Investing News Network
💡 Today's lesson: When the market was at $59k — people were selling. When it hit $63k — people want to buy. This is FOMO. This is the biggest mistake of retail traders. 📉
━━━━━━━━━━━━━━━━━━━━ 🗳️ Where do you stand today?
A — 💰 I bought at $59k–$61k B — 🧐 I'm waiting for $60k to revisit C — 😰 I sold last week
Drop your answers in the comments! 👇 ━━━━━━━━━━━━━━━━━━━━
Share this post — a friend of yours might still be confused! 🔁