Bitcoin

$61,274

-2.2% (open)

S&P 500

7,415

+0.8% (open)

Crude Oil

$69

-1.3% at open

Gold

$3,985

-0.5%

Must Know Today

BTC opened ~$61,300 — crashed below $60K overnight, ~$1B liquidated as AI-chip selloff drags crypto

PCE hit 4.1% YoY (highest since Apr 2023), core 3.4% — Fed-hike bets rising, ~68% odds of a Sept hike

Micron crushed earnings, +17% premarket — Nasdaq futures +2.4%, AI trade reassured, lifting risk assets

Spot BTC ETFs bled $469M June 24 — largest single-day outflow this month (IBIT -$239M), 6th straight week out

Watch this week

Sticky 4.1% PCE has markets pricing a possible Fed HIKE, and crypto now trades as a high-beta AI-chip proxy. A hot data print or renewed chip selloff could crack BTC's $60K support.