Crypto News

SUI SUI experienced a turbulent 24-hour trading window marked by sharp intraday swings and heavier-than-usual trading activity. After initially plunging to $2.71, the token mounted a brief rally toward $2.92 before encountering strong resistance near $2.82. That zone capped the recovery, triggering a swift reversal that dragged prices back toward the $2.78–$2.79 area.What made the move more notable was the accompanying surge in 24-hour trading volume, which spiked 11% above the 30-day average. That level of participation amplified the volatility, with fast-moving price swings exposing both bulls and bears to whiplash moves. The rejection from $2.82 and failed attempts to retake that level set the stage for more cautious trading in the near term.Support around the $2.72–$2.75 region proved durable,...

The Fed’s decision didn’t significantly impact bitcoin’s price, but it will likely disappoint U.S. President Donald Trump who earlier in the day called Fed Chairman Jerome Powell “stupid” for not cutting rates. No Surprise, No Spike: BTC Relatively Flat Following Fed’s Decision to Maintain Rates The U.S. Federal Reserve, for the fourth time in aSource link

As Bitcoin clings to support levels and geopolitical shocks ripple across risk assets, there's an altcoin keeping things interesting.Source link

Bitcoin exchange-traded funds (ETFs) notched their seventh straight day of inflows, closing with a $216 million net gain thanks to Blackrock’s massive inflow. Ether ETFs also stayed in the green with a $11.09 million net inflow, despite sizable exits from Fidelity and Grayscale. Bitcoin ETFs Extend Inflow Streak to 7 Days Despite Heavy Outflows inSource link

As it was near-universally expected, the U.S. Federal Reserve left benchmark interest rates steady at 4.25%-4.50% on Wednesday at the June meeting."Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace," the press release said. "The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated."The Fed's quarterly economic projections—which include the "dot plot" that indicates where the central bank expects the Fed funds rate over time — showed that policymakers see rates at 3.9% by year-end 2025, translating to 50 basis point cuts this year, the same as they expected in March. However, Fed members see rates decline to 3.6% next year...