Crypto Today: Bitcoin, Ethereum, XRP stall after US CPI-driven mild rally
The cryptocurrency market pauses on Wednesday, following a brief, macro-driven rally the previous day. Bitcoin (BTC) is consolidating above $64,500, signaling waning bullish momentum and increased profit-taking as sellers emerge.
DEEPER DIVE
-0.4%: Why the biggest CPI drop since 2020 couldn't buy back a single cut
The June CPI fell 0.4% on the month, the largest one-month decline since April 2020, dragging the annual rate to 3.5% from May's 4.2% and snapping a three-month acceleration streak. Core prices went nowhere, flat on the month and down to 2.6% YoY, both under consensus.
2% and nothing else: Why Warsh gave Congress three hours of Greenspan
The Federal Reserve (Fed) Chair who wants the institution to say less spent Tuesday legally required to say more, on the one morning the data handed him something pleasant to say.
Bye, forward guidance: How to trade when central banks choose silence
Central banks have spent years telling markets what might come next. Now, traders face the possibility that they say a lot less. From the Fed to the ECB and the BoE, policymakers are pushing back against forward guidance, arguing that the current world demands more flexibility.
CRYPTOCURRENCIES
Ripple extends gains as cooling signs in US inflation mount
Ripple (XRP) holds above support reclaimed at $1.10 at the time of writing on Wednesday, extending its rally after the US Producer Price Index (PPI) data for June showed that price pressures in the world’s largest economy are cooling.
Crypto Today: Bitcoin, Ethereum, XRP stall after US CPI-driven mild rally
The cryptocurrency market pauses on Wednesday, following a brief, macro-driven rally the previous day. Bitcoin (BTC) is consolidating above $64,500, signaling waning bullish momentum and increased profit-taking as sellers emerge.
Chainlink holds gains as bullish momentum builds
Chainlink (LINK) price edges higher on Wednesday, holding its 5% gains from the previous day. Retail speculative demand for LINK is rising, with its futures Open Interest up 6% over the past 24 hours.
STOCKS
Semiconductor Index correction could be complete
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: Market players await fresh clues
Five sessions, one round trip: Why the whipsaw is exactly what Warsh ordered
Gold: Renewed Middle East tensions scare bulls away
Bitcoin: Strategy sells, the market doesn’t care
US Dollar: Sticky inflation keeps the higher-for-longer story alive
Week ahead – US CPI and Warsh testimony to take centre stage, BoC eyed too
US inflation report and Warsh testimony to headline the week. Dollar to dominate amid slew of other US data and Mideast tensions. Amid fresh Iran escalation, China GDP to shed light on Q2 impact. Bank of Canada not expected to follow RBNZ with rate hike.
EDUCATION
Something has gone completely wrong in enterprise AI
There is a moment in every boom when the music is still playing, the lights are still flashing, and someone finally notices that the bar tab has been left on the table. That is roughly where enterprise AI feels today.
The psychology of Gold buying during periods of market uncertainty
Historically, gold is considered a reliable investment avenue, especially in times of market uncertainty. Modern economies are based on fiat currency, where the value is determined by government decree and public trust.
PRESS RELEASES
Riyadh emerges as a global powerhouse as blockchain infrastructure & AI take center stage at Global Blockchain Show 2026
The Global Blockchain Show Riyadh held from 29-30th June,2026 successfully wrapped up its exclusive two-day B2B run, charting an evolutionary path where decentralized networks, AI, and immersive digital platforms converge.
STARTRADER breaks ground on Davao basketball court revamp in the Philippines, benefiting around 20,000 people
The project marks STARCARES' latest CSR investment in accessible sports infrastructure for schools and communities.
From code to country: Global AI Show Riyadh 2026 ignites the era of agentic AI and nation-building
The Global AI Show Riyadh held from 29-30th June,2026 cementing its status as the definitive anchor for the Kingdom’s newly designated "Year of Artificial Intelligence."