Analyst warns BTC could drop further after worst June since 2022
The June close above realized price but below the 200-week moving average “signals the bear bottom is still ahead per prior cycles,” one analyst said.
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The rapid growth in prediction markets highlights potential regulatory challenges and the need for diversification to mitigate concentration risks. The post Kalshi and Polymarket see 75% growth in June trading volume to $45B appeared first on Crypto Briefing.
Read full articleThe June close above realized price but below the 200-week moving average “signals the bear bottom is still ahead per prior cycles,” one analyst said.
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TRON reportedly reached record network activity in June, supported by heavy stablecoin settlement volume, mainly USDT transfers.
Federal Reserve Chair Kevin Warsh told central bankers in Sintra, Portugal, on July 1 that prices are too high and reaffirmed the Fed’s commitment to a 2% inflation target. At present, prediction markets Kalshi and Polymarket place the likelihood of a 2026 rate hike at 53% to 54%. Warsh spoke on a panel alongside European […]
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US spot Bitcoin ETFs reportedly saw their worst monthly net outflows in June as institutional flows cooled and Bitcoin’s price fell.