Global Macroeconomic Trends and Policy Developments

From 16:30 to 16:45 UTC on June 24, 2026, BTC quickly dropped 0.49% in 15 minutes, breaking below $60,200 to around $60,171.4, with a fluctuation of 0.65%. The overall market was under pressure that day, with BTC falling 1.92% in 24 hours, fluctuating around the key support level of $62,000, and market sentiment was extremely fragile. The main driver of this unusual movement was the continuous withdrawal of institutional funds. Spot BTC ETFs saw net outflows for six consecutive weeks, with cumul

From 13:00 to 14:00 UTC on June 24, 2026, ETH/USDT showed weak consolidation during this period, with a price range of $1,652.85-$1,672.3 USDT, an amplitude of 1.16%, and a return of -0.97%. Overall market sentiment was bearish, and despite limited volatility, the price remained under pressure below the moving average system. The main driving force behind this movement was the release of systemic risk from the macro market. On June 24, 2026, global commodity markets experienced a broad sell-off.

Five Senate Democrats on Tuesday urged Republican committee chairs to open immediate hearings into a reported $500 million United Arab Emirates investment in the Trump family's cryptocurrency venture World Liberty Financial. The lawmakers cited reporting that lieutenants to an Abu Dhabi royal

According to Gate data cited by ChainCatcher, S&P 500 Index Futures gains 0.4% and hits an intraday high on June 24.

The European Parliament's Committee on Economic and Monetary Affairs approved its position on the digital euro package with 43 votes in favor and 14 against, opening negotiations between the European Parliament and the Council of the EU. The vote advances the eurozone's push toward its first

According to QCP Capital's June 24 market update, the Federal Reserve kept rates unchanged at 3.50%-3.75% but raised 2026 dot-plot estimates to 3.8%, strengthening the "higher for longer" policy signal. The central bank also lifted its 2026 inflation forecast to 3.6% from 2.7%, citing persistent

According to Gate data, WTI crude oil fell 2.00% during today's session, trading at $72.17 per barrel.

According to CoinDesk, Federal Reserve Chair Kevin Warsh will testify before Congress on July 14 at 10 a.m. ET for the first time in his tenure. Traders are closely monitoring his remarks on stablecoins, banking custody arrangements, and potential signals regarding the Fed's interest rate

According to the National Daily, South Korea's central bank warned in its H1 2026 Financial Stability Report that growing correlation between cryptocurrency and traditional markets may transmit crypto shocks to equities and forex markets. The bank noted that increasing investor diversification and e

Bitcoin tested a two-week low near US$62,000 (AU$89,280) on Tuesday, falling about 4% over the day, as a sharp selloff in technology stocks pulled risk assets lower. The decline followed a shift in Federal Reserve policy under new Chair Kevin Warsh, whose shorter policy statement dropped forward

Bitcoin tested a two-week low near $62,000 on Tuesday, falling approximately 4%, as a shift in Federal Reserve policy under new Chair Kevin Warsh sparked a broader selloff in risk assets. Ethereum, XRP, and Solana each declined at least 5%, while the Nasdaq slid toward a one-week low. Warsh's polic

According to Foresight News, Trump-backed South Carolina Attorney General Alan Wilson won the state's Republican gubernatorial primary. Per StandwithCrypto, Wilson supports Trump's crypto vision and pledged to make South Carolina a blockchain and digital asset leader if elected, including backing di

According to Bitunix analysts reported by BlockBeats on June 24, global markets are shifting focus from Middle East geopolitical risks to rising capital costs and funding conditions. The Strait of Hormuz is entering a recovery phase with UAE crude oil exports restored to approximately 85% of pre-con

Adrian Boafo, a Maryland state delegate, won the Democratic primary on Tuesday, according to AP, with backing from the Protect Progress crypto PAC. Protect Progress, a super PAC associated with Fairshake, spent $5.5 million on the race according to Federal Election Commission filings. The victory re

According to BlockBeats, Adrian Boafo won Maryland's 5th District Democratic primary on June 23, defeating 24 candidates and securing the seat of retiring Rep. Steny Hoyer. The Protect Progress super PAC, aligned with the crypto industry, contributed $5.5 million to support Boafo's campaign, while a

According to South Korea's central bank in its H1 2026 financial stability report, cryptocurrency market shocks may spill over to traditional stock and foreign exchange markets as crypto's correlation with conventional markets strengthens. The report notes that direct impact on domestic financial ma

According to market maker Wintermute, the Federal Reserve's policy shift this week created a tighter liquidity environment for crypto assets. The Fed raised its 2026 median rate outlook to 3.8% from 3.4%, with nine of 18 policymakers now expecting at least one hike this year and markets pricing