Cryptocurrency market review

Jun 26, 2026, 1:12:35 PM
 Fundamental

During the current week, the leading cryptocurrency assets lost a significant part of their positions, and the BTC token is trading around 60300.00 (–5.5%), ETH is at 1570.00 (–8.7%), USDT is at 0.9995 (+0.01%), BNB is at 567.00 (–3.6%), and USDC is near 1.0012 (+0.01%). The total market capitalization decreased to 2.08 trillion dollars, and the Bitcoin share dropped to 58.2%, while over the last four sessions, the balance of Bitcoin-ETFs contracted by 1.343 billion dollars, and Ethereum-ETFs by 260.7 million dollars.

A complex of monetary and legal factors exerts pressure on the sector: the probability of the US Federal Reserve tightening its monetary policy increased significantly against the background of macroeconomic statistics and comments from officials. Thus, the May Personal Consumption Expenditures index, to which the regulator pays special attention, rose from 3.8% to 4.1%, and the core indicator rose from 3.3% to 3.4%, significantly exceeding the target of 2.0%, and the Gross Domestic Product in the first quarter grew by 2.1% instead of the 1.6% expected, while the labor market maintains stability (unemployment holds at 4.3% for several months, and the number of non-farm payrolls reached 172.0K). The prevailing conditions allow the agency to switch to a hawkish course, supporting the positions of the dollar and reducing investor appetite for risk assets. According to the Chicago Mercantile Exchange (CME) FedWatch Tool, most experts count on at least one interest rate hike this year.

In addition, the drop in tech company shares negatively affects digital assets, starting after the announcement by Apple Inc. of increasing prices for Mac computers, iPads, and other devices, causing fears that the growing production costs of computing equipment will reduce the volume of investments into the artificial intelligence (AI) sector. Furthermore, the US House of Representatives approved the Senate housing bill, containing, among other things, a provision prohibiting the national regulator from issuing a state stablecoin within four years. Previously, lawmakers included a similar ban on creating CBDCs in a number of other documents, but this is the first decree of such a kind to reach President Donald Trump for signature. Meanwhile, the long-awaited Cryptocurrency Market Transparency Act (CLARITY), key hearings on which in the House of Representatives are scheduled to begin on July 17, meets growing protest both inside Congress and among the public, casting doubt on its approval. Many experts are dissatisfied with the absence of articles in the law prohibiting current politicians from benefiting from cryptocurrency businesses, and a number of public organizations, including the US National District Attorneys Association, fear that CLARITY will complicate investigations into illegal activities and weaken user identity verification requirements for crypto companies. The unresolved nature of these issues destabilizes the industry, resulting in the overall investor sentiment remaining negative, illustrating the “fear and greed” index dropping to the level of “13”.

Generally, the situation in the cryptocurrency market continues deteriorating, and under these conditions, the majority of leading digital assets may continue their negative dynamics or switch to consolidation in the near future.


All indicator and price values are historical data. Price movement in the past price cannot determine future results with reliability.

Scenario

Time frame Weekly