Bitcoin recovered to $109,780 after Powell’s hawkish tone sent it briefly to $107,000. Ethereum and BNB remained range-bound, while Solana dipped 3% to $186. Total crypto market cap remains stable at $3.7 trillion despite weak U.S. ETF flows.
Bitcoin ETFs saw $488 million in outflows; Ethereum ETFs lost $184 million. Solana ETFs bucked the trend, posting $37.33 million in inflows, its third straight day of gains.
President Trump’s meeting with President Xi yielded trade, energy, and fentanyl agreements.
U.S. GDP data delayed to December due to government shutdown; Coinbase adds $299 million in BTC holdings.
Capital B is bringing Michael Saylor’s Bitcoin-backed “digital credit” playbook to Europe—but with a fraction of the scale, heavier regulatory friction, and a model that only works if Bitcoin keeps climbing.
The $5 trillion asset manager is the fourth major institution after BlackRock, Goldman Sachs, and BNY to target stablecoin reserve management, partnering with Anchorage Digital on a fund that launched with $121 million in initial assets.
Reuters cited two sources saying Greece's HCMC will deny the world's largest crypto exchange its license before the July 1 hard deadline – a finding Binance publicly disputes, saying its application was reviewed and found compliant.
Unlike most existing tokenized equity products, Coinbase's offering promises genuine ownership rather than synthetic or derivative exposure – though US users will have to wait for regulatory clarity.