June 25, 2026
The inflation print the market braced for came and went this morning, and the calm held. But a cleared macro risk isn't a crypto bottom: outflows accelerated, the downtrend held, the signal eased. Still Neutral today.
The inflation print the market braced for came and went this morning, and the calm held. But a cleared macro risk isn't a crypto bottom: outflows accelerated, the downtrend held, the signal eased. Still Neutral today.
Crypto Fear & Greed slipped from 73 to 69, out of the greed band. Bitcoin eased 1.1% to $78,384 with 5-day ETF flows still positive +$987M. All eyes on Thursday's August PPI at 8:30 AM ET.
Markets consolidate ahead of the upcoming PPI release in five days. Bitcoin held steady near $79,734, backed by $987M in 5-day ETF inflows.
US Services PMI data reported today, and August accelerated to 55.4% on the back of strong business activity, cleanly offsetting a slight moderation in manufacturing to 54.6%. Both sectors holding comfortably in expansion territory.
Equities rebounded and Bitcoin held steady at $77,408. BTC ETF flows are cooling down +$804M to +$253M, a 69% decrease in five-day inflows. Corporate credit spreads remain near cycle lows at 2.65%, providing steady macro support while the system pauses ahead of tomorrow's key economic print.