Bitcoin fell below $63,000 as the market extended its post-Fed decline, while derivatives traders increased bearish bets targeting levels as low as $52,000.
US regulators proposed bank-style customer identification requirements for stablecoin issuers under the GENIUS Act.
Fidelity launched a GENIUS Act-aligned money market fund designed to hold reserves for stablecoin issuers.
Morgan Stanley amended its spot Ethereum and Solana ETF filings, proposing some of the lowest management fees in the market.
Ethereum Foundation co-executive director Hsiao-Wei Wang resigned amid continued leadership turnover at the organization.
US spot Bitcoin ETFs recorded $90.7 million in net outflows on June 18, while spot Ethereum ETFs saw $12.8 million in net outflows.
Bitcoin is trading around $62,635, while Ethereum is trading around $1,695.
The Fear and Greed Index stands at 14, indicating extreme fear in market sentiment.
