S&P 500 Rate-Hike Shock: Why Regional Banks and Housing Stocks Became the Weak Link
June jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.
Crypto News·
Ethereum trades near $1,696 as ETF outflows, Fed caution, weak whale activity and rare RSI signals shape the next ETH price move.
Read full articleJune jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.
XRP trades near $1.12 as whale selling, weaker network activity, ETF inflows and $1.10 support shape the next price move.
A former Ethereum Foundation coordinator has warned that Ethereum’s core development ecosystem may face funding pressure as older support programs expire.
The significant outflows from Bitcoin and Ethereum ETFs highlight ongoing volatility and may shift investor focus towards alternative crypto assets. The post Bitcoin, Ethereum spot ETFs see over $102M in net outflows on June 18 appeared first on Crypto Briefing.
Goldman Sachs cut its year-end gold target to $4,900 as delayed Fed rate cuts pressure gold, Bitcoin and broader risk appetite.
Bitcoin and Ethereum options worth $2.13B expired below max pain, keeping $60K Bitcoin support and $1,725 ETH level in focus.
Ethereum's potential funding crisis could undermine its development, prompting a need for decentralized funding solutions to ensure sustainability. The post Former contributor warns Ethereum faces funding crisis in 3 to 9 months appeared first on Crypto Briefing.
In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours.. The post Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.