LowNeutral
Announced Tue, 30 Jun · 15:13 IST

Bitcoin remains stuck below $60,000 as traders eye Fed outlook and institutional demand

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bitcoin traded below the $60,000 mark, down 0.91% in 24 hours, while Ethereum rose 0.76% to about $1,591. Global crypto market capitalisation slipped 0.53% to $2.06 trillion, with US spot Bitcoin ETFs recording a modest net inflow of around $69 million on June 29 after heavy recent outflows. Traders are watching the upcoming US jobs report and Fed Chair Warsh's speech at the ECB Forum for cues on liquidity conditions and the interest rate trajectory in the second half of the year.