Ether is rising while Bitcoin remains range-bound around $65,500 amid stabilizing geopolitical tensions and shifting macroeconomic conditions.
Oil prices have retreated from last week’s highs following a pause in U.S.-Iran hostilities. The 10-year Treasury yield is approaching 4.7%, where it is performing part of the Federal Reserve’s tightening work. The Federal Reserve may want to keep options open ahead of this week’s PCE inflation and second-quarter GDP data releases.
Jeff Ko, Chief Analyst at CoinEx, said “Bitcoin is likely to stay range-bound” in the near term. Ko pointed to corporate earnings this week as a potential driver of broader market moves. Apple, Microsoft, Meta, and Amazon are reporting earnings, and Ko noted that “their free cash flow and AI-spending guidance could move Treasury yields and the Nasdaq, indirectly shaping the liquidity that flows into crypto.”
ETF flow composition is expected to matter as much as headline numbers in determining how institutional capital moves through cryptocurrency markets this week.
