• bitcoinBitcoin (BTC) $ 74,322.00
  • ethereumEthereum (ETH) $ 2,646.74
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 186.10
  • bnbBNB (BNB) $ 583.76
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.530470
  • dogecoinDogecoin (DOGE) $ 0.192823
  • staked-etherLido Staked Ether (STETH) $ 2,648.19
  • tronTRON (TRX) $ 0.163814
  • cardanoCardano (ADA) $ 0.354212
  • the-open-networkToncoin (TON) $ 4.70
  • wrapped-stethWrapped stETH (WSTETH) $ 3,122.64
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 74,243.00
  • shiba-inuShiba Inu (SHIB) $ 0.000019
  • avalanche-2Avalanche (AVAX) $ 26.27
  • wethWETH (WETH) $ 2,642.57
  • chainlinkChainlink (LINK) $ 11.83
  • bitcoin-cashBitcoin Cash (BCH) $ 365.45
  • suiSui (SUI) $ 2.29
  • polkadotPolkadot (DOT) $ 4.06
  • leo-tokenLEO Token (LEO) $ 6.20
  • usdsUSDS (USDS) $ 0.994387
  • uniswapUniswap (UNI) $ 9.17
  • litecoinLitecoin (LTC) $ 69.80
  • nearNEAR Protocol (NEAR) $ 4.08
  • aptosAptos (APT) $ 9.29
  • wrapped-eethWrapped eETH (WEETH) $ 2,780.35
  • pepePepe (PEPE) $ 0.000009
  • bittensorBittensor (TAO) $ 521.11
  • internet-computerInternet Computer (ICP) $ 7.62
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.38
  • daiDai (DAI) $ 1.00
  • moneroMonero (XMR) $ 162.00
  • kaspaKaspa (KAS) $ 0.117683
  • stellarStellar (XLM) $ 0.096139
  • ethereum-classicEthereum Classic (ETC) $ 19.07
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 19.30
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.324820
  • blockstackStacks (STX) $ 1.65
  • aaveAave (AAVE) $ 163.30
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • okbOKB (OKB) $ 39.09
  • dogwifcoindogwifhat (WIF) $ 2.35
  • crypto-com-chainCronos (CRO) $ 0.083909
  • filecoinFilecoin (FIL) $ 3.60
  • arbitrumArbitrum (ARB) $ 0.522568
  • injective-protocolInjective (INJ) $ 20.61
  • mantleMantle (MNT) $ 0.587702
  • immutable-xImmutable (IMX) $ 1.17
  • celestiaCelestia (TIA) $ 4.81
  • optimismOptimism (OP) $ 1.53
  • render-tokenRender (RENDER) $ 4.89
  • hedera-hashgraphHedera (HBAR) $ 0.048600
  • fantomFantom (FTM) $ 0.652492
  • thorchainTHORChain (RUNE) $ 5.39
  • vechainVeChain (VET) $ 0.021439
  • cosmosCosmos Hub (ATOM) $ 4.42
  • bitget-tokenBitget Token (BGB) $ 1.18
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,641.98
  • sei-networkSei (SEI) $ 0.386446
  • bonkBonk (BONK) $ 0.000022
  • popcatPopcat (POPCAT) $ 1.55
  • the-graphThe Graph (GRT) $ 0.149742
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,948.71
  • jupiter-exchange-solanaJupiter (JUP) $ 1.01
  • pyth-networkPyth Network (PYTH) $ 0.374843
  • flokiFLOKI (FLOKI) $ 0.000137
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,764.25
  • mantra-daoMANTRA (OM) $ 1.36
  • ethenaEthena (ENA) $ 0.423792
  • theta-tokenTheta Network (THETA) $ 1.18
  • worldcoin-wldWorldcoin (WLD) $ 1.89
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 74,282.00
  • gatechain-tokenGate (GT) $ 8.88
  • kucoin-sharesKuCoin (KCS) $ 9.43
  • makerMaker (MKR) $ 1,289.92
  • heliumHelium (HNT) $ 6.12
  • lido-daoLido DAO (LDO) $ 1.17
  • raydiumRaydium (RAY) $ 3.92
  • msolMarinade Staked SOL (MSOL) $ 228.73
  • algorandAlgorand (ALGO) $ 0.119947
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,707.73
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 74,385.00
  • ondo-financeOndo (ONDO) $ 0.689185
  • arweaveArweave (AR) $ 15.11
  • bitcoin-svBitcoin SV (BSV) $ 49.86
  • fasttokenFasttoken (FTN) $ 2.93
  • jasmycoinJasmyCoin (JASMY) $ 0.019645
  • beam-2Beam (BEAM) $ 0.017069
  • quant-networkQuant (QNT) $ 60.72
  • based-brettBrett (BRETT) $ 0.089242
  • aerodrome-financeAerodrome Finance (AERO) $ 1.30
  • matic-networkPolygon (MATIC) $ 0.324507
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • mog-coinMog Coin (MOG) $ 0.000002
  • flowFlow (FLOW) $ 0.531929
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • spx6900SPX6900 (SPX) $ 0.870691
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009099
  • galaGALA (GALA) $ 0.020316
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 74,351.00
  • coredaoorgCore (CORE) $ 0.869623
  • pendlePendle (PENDLE) $ 4.94
  • starknetStarknet (STRK) $ 0.379906
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,638.12
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.72
  • usddUSDD (USDD) $ 1.00
  • neiro-3Neiro (NEIRO) $ 0.001791
  • axie-infinityAxie Infinity (AXS) $ 4.77
  • apecoinApeCoin (APE) $ 1.01
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 74,195.00
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.716918
  • kaiaKaia (KAIA) $ 0.121586
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 195.32
  • ordinalsORDI (ORDI) $ 33.92
  • gigachad-2Gigachad (GIGA) $ 0.072849
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 74,335.00
  • neoNEO (NEO) $ 9.76
  • elrond-erd-2MultiversX (EGLD) $ 24.86
  • eosEOS (EOS) $ 0.445341
  • ecasheCash (XEC) $ 0.000034
  • conflux-tokenConflux (CFX) $ 0.147956
  • dydx-chaindYdX (DYDX) $ 1.03
  • flare-networksFlare (FLR) $ 0.013040
  • tether-goldTether Gold (XAUT) $ 2,676.13
  • fraxFrax (FRAX) $ 0.998628
  • nexoNEXO (NEXO) $ 1.01
  • tezosTezos (XTZ) $ 0.641362
  • notcoinNotcoin (NOT) $ 0.006271
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,646.87
  • gnosisGnosis (GNO) $ 244.11
  • mina-protocolMina Protocol (MINA) $ 0.522960
  • arkhamArkham (ARKM) $ 2.07
  • superfarmSuperVerse (SUPER) $ 1.36
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,702.61
  • zcashZcash (ZEC) $ 40.13
  • axelarAxelar (AXL) $ 0.720912
  • the-sandboxThe Sandbox (SAND) $ 0.250717
  • wormholeWormhole (W) $ 0.219325
  • akash-networkAkash Network (AKT) $ 2.38
  • turboTurbo (TURBO) $ 0.008216
  • ethereum-name-serviceEthereum Name Service (ENS) $ 17.01
  • nervos-networkNervos Network (CKB) $ 0.012596
  • book-of-memeBOOK OF MEME (BOME) $ 0.008124
  • decentralandDecentraland (MANA) $ 0.296383
  • chilizChiliz (CHZ) $ 0.060450
  • safeSafe (SAFE) $ 1.08
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,647.33
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • beldexBeldex (BDX) $ 0.078754
  • pax-goldPAX Gold (PAXG) $ 2,663.79
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,865.97
  • eigenlayerEigenlayer (EIGEN) $ 2.70
  • true-usdTrueUSD (TUSD) $ 0.998575
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000091
  • zksyncZKsync (ZK) $ 0.133347
  • aioz-networkAIOZ Network (AIOZ) $ 0.430421
  • roninRonin (RON) $ 1.35
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000023
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.73
  • grassGrass (GRASS) $ 1.95
  • havvenSynthetix Network (SNX) $ 1.44
  • dydxdYdX (ETHDYDX) $ 1.03
  • dexeDeXe (DEXE) $ 8.11
  • binance-staked-solBinance Staked SOL (BNSOL) $ 187.91
  • oasis-networkOasis (ROSE) $ 0.065206
  • frax-etherFrax Ether (FRXETH) $ 2,639.24
  • super-oethSuper OETH (SUPEROETHB) $ 2,638.41
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.424136
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 74,273.00
  • apenftAPENFT (NFT) $ 0.00000042
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004184
  • xdce-crowd-saleXDC Network (XDC) $ 0.027910
  • blurBlur (BLUR) $ 0.209711
  • fwogFwog (FWOG) $ 0.427311
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.991560
  • astarAstar (ASTR) $ 0.055030
  • usdbUSDB (USDB) $ 0.999416
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.07
  • iotaIOTA (IOTA) $ 0.114589
  • quantixaiQuantixAI (QAI) $ 96.26
  • bitcoin-goldBitcoin Gold (BTG) $ 22.55
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,646.05
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,644.39
  • compound-governance-tokenCompound (COMP) $ 43.26
  • stepnGMT (GMT) $ 0.130088
  • livepeerLivepeer (LPT) $ 10.51
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • layerzeroLayerZero (ZRO) $ 3.32
  • iotexIoTeX (IOTX) $ 0.039035
  • kavaKava (KAVA) $ 0.338924
  • echelon-primeEchelon Prime (PRIME) $ 7.32
  • theta-fuelTheta Fuel (TFUEL) $ 0.053095
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.193690
  • usual-usdUsual USD (USD0) $ 1.00
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.21

Key Reason Why Bitcoin (BTC) Is Struggling Now

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The post-FOMC state of the market reveals the current struggle of Bitcoin miners, who are massively capitulating and closing their positions. Such a tendency could become shock therapy for the market, highlighting underlying issues that are affecting Bitcoin’s recovery.

Despite equities showing strong momentum, BTC is failing to gather any upward momentum. The key reason for divergence can be attributed to post-halving capitulation by BTC miners that, in essence, is capping the price at this level. Increasing the costs of operations and lower reward structures results in massive sell-offs by BTC miners, laying on bearish pressure and not allowing the BTC to catch up with good signals on the broader financial markets.

Key Reason Why Bitcoin (BTC) Is Struggling Now

It is further worsened by the extent that Flowbank, a bank featuring a tri-party agreement with Binance, is in bankruptcy proceedings. Generally speaking, this development complicates market dynamics for Bitcoin even more.

We are in for basically a quiet summer, with no clear catalyst to drive the market either way and a lower volatility environment. Gary Gensler of the SEC has given a signal that a spot ETH ETF might get approved toward the end of the summer, but that would not be an immediate catalyst for BTC. The market is just in a holding pattern, waiting for significant news or events to guide it.

This makes it a strategic window for Ethereum, or ETH, traders. With ETH volatility at a 10 vol premium to BTC and the spread likely shrinking on ETH overwriters returning and anticipating ETH spot ETF approval, this quiet summer may be a good time to be involved in accumulation trades for ETH and a strategic redistribution of risks, to avoid complications in periods of high volatility.

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