Indices higher/#Crypto down
1. #Bitcoin drops below $90,000 after the Federal Reserve rate cut
Despite stocks rallying, Bitcoin fell under the $90K level as traders reassessed the Fed’s guidance and future liquidity conditions.
Crypto markets show a muted reaction compared to equities.
2. Crypto sector indices slide; DePIN and AI tokens lead the decline
Broader crypto market weakness continues, with several high-beta sectors (like AI and DePIN tokens) under heavy selling pressure.
3. Do Kwon faces U.S. sentencing for misleading investors
Terraform Labs founder Do Kwon is expected to be sentenced for his role in the Terra/LUNA collapse that wiped out billions in value.
This marks one of the biggest legal cases in crypto history.
4. #XRP and major altcoins sell off as traders rotate profits out of Bitcoin
XRP saw notable selling from whales and profittaking, even though ETF inflows to XRP products remain relatively strong.
5. SpaceX moves another ~$95 million worth of Bitcoin
Blockchain data shows SpaceX conducting another major on-chain BTC transfer as the company prepares for what could be the largest IPO in 2026.
Corporate wallets remain unusually active this month.
6. Bitcoin briefly rebounds as Twenty One Capital begins NYSE trading
The newly listed Bitcoin-treasury company Twenty One Capital (XXI) made its NYSE debut, holding over 43,500 BTC.
$BTC saw a temporary lift on the news before sliding again with broader risk assets.
7. Major bank slashes Bitcoin price forecast
A well-known institutional research desk cut its 2026 BTC price target nearly in half, warning that ETF flows may no longer offset declining corporate treasury demand.
Wealth managers in Asia and the U.S. report elevated caution as traders await more clarity on macro policy, which continues to drive high volatility in crypto.
1. #Bitcoin drops below $90,000 after the Federal Reserve rate cut
Despite stocks rallying, Bitcoin fell under the $90K level as traders reassessed the Fed’s guidance and future liquidity conditions.
Crypto markets show a muted reaction compared to equities.
2. Crypto sector indices slide; DePIN and AI tokens lead the decline
Broader crypto market weakness continues, with several high-beta sectors (like AI and DePIN tokens) under heavy selling pressure.
3. Do Kwon faces U.S. sentencing for misleading investors
Terraform Labs founder Do Kwon is expected to be sentenced for his role in the Terra/LUNA collapse that wiped out billions in value.
This marks one of the biggest legal cases in crypto history.
4. #XRP and major altcoins sell off as traders rotate profits out of Bitcoin
XRP saw notable selling from whales and profittaking, even though ETF inflows to XRP products remain relatively strong.
5. SpaceX moves another ~$95 million worth of Bitcoin
Blockchain data shows SpaceX conducting another major on-chain BTC transfer as the company prepares for what could be the largest IPO in 2026.
Corporate wallets remain unusually active this month.
6. Bitcoin briefly rebounds as Twenty One Capital begins NYSE trading
The newly listed Bitcoin-treasury company Twenty One Capital (XXI) made its NYSE debut, holding over 43,500 BTC.
$BTC saw a temporary lift on the news before sliding again with broader risk assets.
7. Major bank slashes Bitcoin price forecast
A well-known institutional research desk cut its 2026 BTC price target nearly in half, warning that ETF flows may no longer offset declining corporate treasury demand.
Wealth managers in Asia and the U.S. report elevated caution as traders await more clarity on macro policy, which continues to drive high volatility in crypto.



