The week ends on a cautious note for crypto markets. Bitcoin (BTC) trades at $66,036, down 4.2% over seven days, while Ethereum (ETH) falls to $1,939, a weekly loss of 6.1%. Trading volumes remain moderate, signaling widespread waiting.
Analysis: The Weight of Macroeconomics
Two factors weighed this week. First, the Federal Reserve minutes, published Wednesday, confirmed a hawkish posture: benchmark rates remain elevated (5.50%), with no cut expected before September 2026 at the earliest. This tightening context penalizes risk assets, including crypto.
Second, the US Consumer Price Index (CPI) for May, released Thursday, surprised to the upside (+3.6% year-over-year, vs. 3.4% expected). Core inflation (excluding food and energy) remains sticky at 3.8%. Result: equity markets corrected 1.5-2%, and crypto followed.
On the regulatory front, the SEC announced a public consultation on spot Ethereum ETFs. While positive long-term, it was not enough to support ETH’s price, held back by macro headwinds.
Outlook: Waiting Zone
Bitcoin is currently testing the $65,000 support, a key level. A technical bounce is possible early next week, but the trend remains fragile. If $65,000 gives way, a pullback toward $62,000 is conceivable.
For Ethereum, the $1,900 psychological threshold is crucial. A weekly close below this level would open the path toward $1,800.
Watch: The European Central Bank meeting next Thursday, and US producer price index (PPI) data Wednesday.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Always do your own research (DYOR) before investing. Cryptocurrencies are volatile assets with high risk of capital loss. Past performance does not guarantee future results. © 2026 DailyCryptoNews.co — All rights reserved.
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