June CPI fell 0.4% month over month, the biggest monthly decline since April 2020, dropping the annual rate to 3.5% from May’s 4.2%. Core CPI cooled to 2.6%, below forecasts, and was flat on the month. Bitcoin jumped from around $62,000 to reclaim $64,900, ETH surged 7% to $1,884, and roughly $300 million in short positions were liquidated. Bitcoin ETFs saw $181M in net inflows on Tuesday, the ETH ETFs had $58M in inflows. Meme leaders were up 2-3%. Meme Tracker were mostly green. Robinhood Chain saw
IMF expects world economy to grow a sluggish 3% this year and 2.3% in 2026, down from 3.5% last year and 3.1% in April. IMF expects worldwide growth to rebound to 3.4% next year. Existing home sales fell 2.4%, but the median sales price increased 1.8% in June from a year earlier to $440,600, an all-time high on data going back to 1999.
Ecoinometrics' Friday edition analyzes the three most critical market signals impacting Bitcoin and macro assets. Strategy sold 3,600 BTC from a treasury of about 845,000 BTC this week. Strategy is no longer a buyer under every set of market conditions. The Fed's Tone Has Turned More Hawkish.
Evan Spear is a Morning Dispatch Reporter based in Washington D.C. He graduated from the University of Chicago with degrees in history and political science. He has previously interned at The Dispatch and CNN. When not writing for The Morning Dispatch, he is probably playing golf, reading a book, or trying to find a place to swim.
Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Over 34,000 professional investors and fund managers subscribe to their newsletter. Bitcoin is starting to stabilize and hold around $64K.
June's US consumer price index is due at 8:30 a.m. ET on July 14. Bitcoin had gained about 2.6% over seven days, but 24-hour volume was running 21% below its recent average. Bitcoin futures open interest was near $47.3 billion, with modest positive funding and short liquidations dominating the previous 24 hours.
Bitmine bought 30,567 ETH for $36 million. Strategy sold shares worth $466.7 million, increasing its dollar reserves to $3 billion. Strategy neither bought nor sold any Bitcoin last week. Trump's profits from cryptocurrencies are invested in shares and bonds.
Bitcoin fell 13.4% in Q2 and is down 32.9% for the year, dropping below $60,000 in June for the first time since 2024 and 52% under its October peak of $126,080. It's the third straight quarter of negative returns for the broader Bitwise 10 Large Cap Crypto Index. U.S. spot bitcoin ETPs bled $4.9 billion in the second quarter of 2026, their worst quarter since launching in January 2024. The CFTC approved the first bitcoin perpetual futures at a regulated exchange, Kalshi, and Schwab launched retail spot trading.
Stocks in Asia fluctuated overnight, offering a mixed scoreboard. South Korea's KOSPI ended modestly higher at 0.2%, Japan's Nikkei 225 added 1.7%, and Australia's ASX 200 dipped around 0.5%. In the US, Wednesday’s session saw the S&P 500 slip about 0,2%, the Dow fall over 1%, while the Nasdaq eked out a small gain.
Federal Reserve officials were split last month on whether to increase interest rates or keep them steady. Many members saw growing demand for artificial intelligence as a driver of inflation. AI-related inflationary pressure stems from the rising cost of semiconductors used by data centers and competition for energy.
June CPI fell 0.4% month over month, the biggest monthly decline since April 2020, dropping the annual rate to 3.5% from May’s 4.2%. Core CPI cooled to 2.6%, below forecasts, and was flat on the month. Bitcoin jumped from around $62,000 to reclaim $64,900, ETH surged 7% to $1,884, and roughly $300 million in short positions were liquidated. Bitcoin ETFs saw $181M in net inflows on Tuesday, the ETH ETFs had $58M in inflows. Meme leaders were up 2-3%. Meme Tracker were mostly green. Robinhood Chain saw
IMF expects world economy to grow a sluggish 3% this year and 2.3% in 2026, down from 3.5% last year and 3.1% in April. IMF expects worldwide growth to rebound to 3.4% next year. Existing home sales fell 2.4%, but the median sales price increased 1.8% in June from a year earlier to $440,600, an all-time high on data going back to 1999.
Ecoinometrics' Friday edition analyzes the three most critical market signals impacting Bitcoin and macro assets. Strategy sold 3,600 BTC from a treasury of about 845,000 BTC this week. Strategy is no longer a buyer under every set of market conditions. The Fed's Tone Has Turned More Hawkish.
Evan Spear is a Morning Dispatch Reporter based in Washington D.C. He graduated from the University of Chicago with degrees in history and political science. He has previously interned at The Dispatch and CNN. When not writing for The Morning Dispatch, he is probably playing golf, reading a book, or trying to find a place to swim.
Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Over 34,000 professional investors and fund managers subscribe to their newsletter. Bitcoin is starting to stabilize and hold around $64K.
June's US consumer price index is due at 8:30 a.m. ET on July 14. Bitcoin had gained about 2.6% over seven days, but 24-hour volume was running 21% below its recent average. Bitcoin futures open interest was near $47.3 billion, with modest positive funding and short liquidations dominating the previous 24 hours.
Bitmine bought 30,567 ETH for $36 million. Strategy sold shares worth $466.7 million, increasing its dollar reserves to $3 billion. Strategy neither bought nor sold any Bitcoin last week. Trump's profits from cryptocurrencies are invested in shares and bonds.
Bitcoin fell 13.4% in Q2 and is down 32.9% for the year, dropping below $60,000 in June for the first time since 2024 and 52% under its October peak of $126,080. It's the third straight quarter of negative returns for the broader Bitwise 10 Large Cap Crypto Index. U.S. spot bitcoin ETPs bled $4.9 billion in the second quarter of 2026, their worst quarter since launching in January 2024. The CFTC approved the first bitcoin perpetual futures at a regulated exchange, Kalshi, and Schwab launched retail spot trading.
Stocks in Asia fluctuated overnight, offering a mixed scoreboard. South Korea's KOSPI ended modestly higher at 0.2%, Japan's Nikkei 225 added 1.7%, and Australia's ASX 200 dipped around 0.5%. In the US, Wednesday’s session saw the S&P 500 slip about 0,2%, the Dow fall over 1%, while the Nasdaq eked out a small gain.
Federal Reserve officials were split last month on whether to increase interest rates or keep them steady. Many members saw growing demand for artificial intelligence as a driver of inflation. AI-related inflationary pressure stems from the rising cost of semiconductors used by data centers and competition for energy.