Stock Market Impact: Bitcoin fell 0.6% to $76,946.7, breaking the $77,000 threshold, as renewed U.S. strikes on Iranian missile sites revived geopolitical uncertainty and cooling inflows into U.S. spot Bitcoin ETFs added pressure on the cryptocurrency market.
Listed Companies and Sectors: No specific corporate disclosures, but the broader crypto sector showed weakness; major altcoins declined: Ethereum down 0.3% to $2,101.75, XRP down 0.7% to $1.35, Solana down 1.4%, Cardano down 0.7%, while Polygon rose 1.4% and Dogecoin slipped 1.3%.
Investment Flows: U.S. spot Bitcoin exchange‑traded funds (ETFs) recorded net outflows after a period of strong institutional buying earlier in the quarter, indicating reduced capital inflow into crypto‑linked products.
Interest Rates, Inflation, and Liquidity: Elevated Treasury yields and persistent inflation concerns continued to weigh on crypto sentiment, with traders scaling back expectations for near‑term Federal Reserve rate cuts.
Fiscal or Monetary Policy: Market participants will watch the upcoming U.S. Personal Consumption Expenditures (PCE) price index release on Thursday for additional guidance on the Fed’s inflation outlook and potential policy adjustments.
