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BREAKING NEWS UPDATE
Bitcoin Slips Below $64,000 as Hawkish Fed Fears Outweigh Easing Mideast Tensions
10 hours ago · . · The WealthBlueprint
LATEST UPDATE

Bitcoin Slips Below $64,000 as Hawkish Fed Fears Outweigh Easing Mideast Tensions

Published 10 hours ago

Crypto markets gave back ground late Monday, even as bigger worries simmered underneath the surface.

Bitcoin slipped 0.95% to trade near $63,340 by late evening. Ethereum fell 0.85% to around $1,711.70, while Solana dropped 1.36% to $70.97.


A Tug of War Between Relief and Risk

Two forces are pulling crypto prices in opposite directions right now.

On one side, easing geopolitical tensions have offered some relief to risk assets like crypto. On the other, growing fears that the Federal Reserve could turn more hawkish on interest rates are weighing the market back down.


For now, the Fed worry appears to be winning. Risk sentiment has stayed pressured this week, and that pressure pulled prices lower again by late Monday, even with the geopolitical backdrop calming down.

If the Fed raises rates instead of cutting them, as some investors now fear, it tends to hurt crypto prices in two ways. Safer assets that pay steady interest become more attractive, and borrowing money to invest gets more expensive.


Trouble Inside the Ethereum Foundation

Ethereum has its own headline to deal with, separate from the broader market mood.

The Ethereum Foundation, the nonprofit that helps guide the network's development, is dealing with the exit of another senior executive. The departure has reignited questions about who is steering Ethereum's direction going forward.


Leadership uncertainty at a foundation this influential can unsettle investors, even when prices are holding up reasonably well. Ethereum traders are now watching closely for any further changes at the top.

If you're new to how these networks and their governance structures work, our what is cryptocurrency beginner guide is a solid starting point.


Money Is Still Leaving Crypto ETFs, Just More Slowly

Crypto exchange-traded funds have been bleeding money for weeks.

Research from Galaxy Digital shows that crypto ETFs saw $6.35 billion in outflows over the past 30 days. That is a significant amount of investor money exiting the space.


There is a silver lining, though. The pace of those outflows appears to be slowing down. Bitcoin ETFs alone lost only around $90 million on Friday, a much smaller daily drop than earlier in the stretch.

A slowdown in outflows doesn't mean money is flowing back in yet. But it does suggest the selling pressure may be easing.


Solana's Rough Week, Despite Good News

Solana has had a strange few days. The price has fallen 16% over the past seven days, even as genuinely good news kept arriving.

MoneyGram is set to become an infrastructure partner and network validator for Solana. Separately, Moody's plans to expand its Token Integration Engine to run on Solana's network as well.


Both partnerships point to real, long-term institutional interest in Solana's technology. Yet none of that has been enough to lift the price so far.

It's a reminder that strong fundamentals and short-term price action don't always move together, especially in a market driven heavily by sentiment and macro fears.


Top 10 Cryptocurrencies by Market Cap

#NamePrice24h7d
1Bitcoin (BTC)$63,340.00-0.95%-3.5%
2Ethereum (ETH)$1,711.70-0.85%-5.1%
3Tether (USDT)$0.9990+0.0%-0.0%
4BNB (BNB)$585.45-0.80%-4.6%
5USDC (USDC)$0.9998-0.0%+0.0%
6XRP (XRP)$1.1147-1.31%-10.9%
7Solana (SOL)$70.97-1.36%-3.5%
8TRON (TRX)$0.3320+1.4%+3.8%
9Figure Heloc (FIGR_HELOC)$1.03+1.4%+0.4%
10Hyperliquid (HYPE)$67.53-1.2%+0.5%

Ranked by market cap. Live prices as of June 22, 2026, 23:45 UTC.


For Investors

Despite Monday's late-day pullback, most major cryptocurrencies are still sitting on losses for the week.

The bigger question hanging over the market is what the Federal Reserve does next. A rate hike, rather than the rate cut many investors had hoped for, would likely keep pressure on crypto prices in the near term.


For now, the market is in a holding pattern: cautiously relieved that geopolitical risk has eased, but still bracing for what the Fed decides.

Readers looking to understand how these market swings fit into a broader investing strategy may find our cryptocurrency trading for beginners guide useful for building a steadier approach.


This report is brought to you by the WealthBlueprint NewsDesk.

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Editorial notice: This article is published for informational purposes only and does not constitute financial, investment, or legal advice. All market data and figures cited are sourced from publicly available information at the time of publication. The WealthBlueprint is not liable for actions taken based on this content. Always consult a qualified professional before making financial decisions.


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