Crypto market cools, and analysts highlight H1 macro trends
📉 Market cools off – Bitcoin holds steady at roughly $107K, while Ethereum and altcoins see more pronounced pullbacks.
😐 Sentiment neutral – Fear and Greed Index stays balanced, while Bitcoin RSI dips into the 40s.
💸 ETF inflows – Crypto ETFs saw healthy inflows this week.
Bitcoin is trading around $107,000 this morning, showing little movement over the past 24 hours, while Ethereum has pulled back by about 2%, along with deeper declines in the altcoin markets. There’s no major catalyst behind the pullback, and the Fear and Greed Index remains in neutral territory. The Bitcoin Relative Strength Index (RSI) has dipped into the 40s, getting closer to oversold territory, with 30 typically seen as the threshold.
Bitcoin (BTC) and Bitcoin Cash (BCH) are among the few large caps that have stayed positive over the past seven days. Meanwhile, crypto ETFs posted strong inflows this week, particularly around June 24–25.
Looking ahead to July, analysts have flagged a few major market trends. The US dollar is having its worst first half of the year since the 1970s, while national debt continues to swell. Trump’s proposed fiscal bill could introduce further market uncertainty, and debate continues over when the Federal Reserve will start cutting interest rates.
With macro uncertainty, global tensions, and political risk all in play, the second half of the year, and so too July, could be pivotal for crypto and broader risk assets.
In the markets…
🌍 Total crypto market cap ↘️
The global crypto market cap is approximately $3.28 trillion, reflecting a 1.16% decrease over the past 24 hours.
🟠 Bitcoin (BTC) ↘️
Price: $107,037, down 0.93% in the last 24 h
Daily high: $108,066
Daily low: $106,709
📈 S&P 500 ↗️
SPY is currently up about 0.8% since yesterday’s close.
😐 Fear & Greed Index
The Crypto Fear & Greed Index stands at 49/100, indicating a neutral sentiment among investors.
📊 Bitcoin Relative Strength Index (RSI) (14)
The 14-day RSI for BTC is approximately 45, still in the neutral zone (30–70).
Data is accurate as at 07:51 GMT, 27 June.
Cautionary Notes
It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.
