

others
EU and US inflation data to keep volatility high as Q2 comes to an end – Crypto News
Here is what you need to know on Friday, June 30:
June inflation data from the Eurozone and the Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred gauge of inflation, readings from the US will be watched closely by market participants ahead of the weekend. Since this Friday will be the last trading day of June and the second quarter, position adjustments later in the day could ramp up volatility and trigger wild fluctuations.
Eurozone Inflation Release: Mixed expectations should keep the Euro supported.
During the Asian trading hours, the NBS Manufacturing PMI in China improved slightly to 49 in June from 48.8 in May. The Non-Manufacturing pmi edged lower to 53.2 from 54.5 in the same period but came in much higher than the market expectation of 50.8. Risk mood appeared to be holding neutral in the European morning with US stock index futures trading virtually unchanged on the day. Meanwhile, the US dollar index consolidates weekly gains slightly below 103.50 and the benchmark 10-year US Treasury bond yield holds comfortably above 3.8% following Thursday’s upsurge.
The US Bureau of Economic Analysis revised the annualized Gross Domestic Product (GDP) growth for the first quarter higher to 2% from 1.3% in the previous estimate. Additionally, weekly Initial Jobless Claims in the US declined sharply to 239,000 from 265,000. These upbeat data releases provided a boost to the US Dollar (USD) in the American session on Thursday.
On Thursday, Germany’s Destatis reported that the annual Consumer Price Index (CPI) climbed to 6.4% in June from 6.1% in May. Although the Euro gathered strength against its rivals with the initial reaction to hot German inflation data, EUR/USD failed to keep its footing. Pressured by the broad USD strength, EUR/USD closed deep in negative territory and was last seen trading a few pips above 1.0850.
GBP/USD dropped below 1.2600 for the first time in two weeks on Thursday before staging a technical correction. Early Friday, the pair trades within a touching distance of 1.2600. The UK’s Office for National Statistics reported earlier that GDP grew at an annual rate of 0.2% in the first quarter, matching the previous estimate and the market expectation.
USD/JPY extended its rally to a fresh multi-month high above 145.00. The data from Japan revealed early Friday that the Tokyo Consumer Price Index rose 3.1% on an annual basis in June, much lower than the market expectation of 3.8%. On a negative note, Industrial Production contracted 1.6% MoM in May.
Golden The price fell sharply in the American session on Thursday and touched its lowest level since March at $1,893. Although XAU/USD managed to quickly erase those losses and stabilize above $1,900, it is finding it difficult to gain traction early Friday.
Bitcoin continues to fluctuate in its week-old range above $30,000. Following Wednesday’s sharp decline, Ethereum Registered small daily gains on Thursday. ETH/USD holds its ground and extends its recovery towards $1,900 early Friday.
-
Cryptocurrency1 week ago
Jio Financial Services Share Price Surges Above ₹325, But Faces Hurdle at ₹347 – Crypto News
-
Blockchain1 week ago
Wall Street Moves on-Chain Amid Tokenization of US Stocks – Crypto News
-
Technology6 days ago
Who is Daniel Gross? Tech veteran who joins Meta as Zuckerberg deepens AI talent hunt – Crypto News
-
Blockchain5 days ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain5 days ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
others1 week ago
US SEC May Slash Crypto ETF Listing Time to Just 75 Days – Crypto News
-
Cryptocurrency5 days ago
Trent Share Price Crashes Over 9% After Weak Q1 Forecast, Nuvama Downgrade – Crypto News
-
Business5 days ago
Is Roger Ver the Satoshi Era Bitcoin Whale Behind $8 Billion BTC Transfer? – Crypto News
-
Blockchain5 days ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain5 days ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain5 days ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
others1 week ago
WTI price bearish at European opening – Crypto News
-
Cryptocurrency1 week ago
Katana mainnet launch nears as pre-deposit closes with $200M in active deposits – Crypto News
-
De-fi1 week ago
Bitcoin Firm BitMine’s Stock Surges Almost 700% on ETH Treasury Plan – Crypto News
-
Technology1 week ago
Top 10 Lenovo laptops: Best all-rounders for work, gaming, browsing and entertainment – Crypto News
-
Technology1 week ago
What Is a Solana Staking ETF and How Does It Work? – Crypto News
-
Cryptocurrency1 week ago
Michael Saylor’s Strategy acquires $531M in Bitcoin, boosting holdings near 600,000 BTC – Crypto News
-
others1 week ago
Want to scrutinize how prices move after recent spike in price of rice moderates – Crypto News
-
Cryptocurrency1 week ago
Binance Captures 94% Airdrop Market Share Driving User Engagement, Dominance – Crypto News
-
Business1 week ago
XRP Mid-Year Recap 2025: Major Events Until June and Upcoming Developments – Crypto News
-
Blockchain1 week ago
Bitcoin Holders Near Pain Point Last Seen In October 2024 – Crypto News
-
Cryptocurrency1 week ago
Arbitrum jumps 5% on Robinhood news – But THIS can ruin ARB’s breakout – Crypto News
-
Technology1 week ago
Elon Musk’s X adds AI to its Community Notes, promises faster fact-checks with a human touch – Crypto News
-
Business1 week ago
XRP Price As Grayscale Gets Greenlight for ETF Launch, Including XRP – Crypto News
-
Business1 week ago
Why Is Crypto Market Up Today? – Crypto News
-
Cryptocurrency1 week ago
Nio Stock Price Forecast for 2025, 2027, and 2030: Buy the Dip? – Crypto News
-
Technology5 days ago
‘Notice the difference’: Elon Musk claims major upgrade to Grok chatbot’s question-answering abilities – Crypto News
-
Cryptocurrency5 days ago
Binance stacks Ethereum at yearly high, U.S. funds buy more: So why isn’t ETH moving? – Crypto News
-
others1 week ago
Crypto Market Shaky as Elon Musk vs Donald Trump 2.0 Begins – Crypto News
-
De-fi1 week ago
PancakeSwap Launches v3 Liquidity Pools on Solana – Crypto News
-
Blockchain1 week ago
SEC to expedite crypto ETF listing process? – Crypto News
-
Cryptocurrency1 week ago
The new crypto debate: Monolithic distribution vs. modular tech – Crypto News
-
De-fi1 week ago
SEC Approves Grayscale Multi-Asset Spot Crypto ETF – Crypto News
-
others1 week ago
Nexo Becomes First-Ever Digital Asset and Wealth Partner of the DP World Tour, Launches Nexo Golf Championship – Crypto News
-
Cryptocurrency1 week ago
Cardano (ADA) Price Prediction for July 2 – Crypto News
-
Metaverse1 week ago
ChatGPT, Claude and Gemini not helping? Here’s how to fix your prompts for better output – Crypto News
-
Technology7 days ago
Turkey Bans Binance Chain DEX PancakeSwap Over Licensing Concerns – Crypto News
-
Technology6 days ago
JA Mining Redefines Crypto Income with Accessible Crypto Mining Platform – Crypto News
-
Cryptocurrency5 days ago
Ripple CTO Reveals How Many Bitcoins He Has Mined – Crypto News
-
De-fi5 days ago
World Liberty Finance Opens Vote to List $WLFI Token – Crypto News
-
Cryptocurrency1 week ago
Aptos price surges as stablecoin supply nears all-time – Crypto News
-
Cryptocurrency1 week ago
Figma Eyes Further Bitcoin Exposure in Run-Up to Hopeful NYSE Debut – Crypto News
-
Technology1 week ago
Breaking: US Senate Passes Donald Trump’s ‘One Big Beautiful Bill’, BTC Price Reacts – Crypto News
-
Business1 week ago
Metaplanet Beats S&P 500 Q2 Revenue Estimates as Bitcoin Income Soars 42% – Crypto News
-
Metaverse1 week ago
Baidu responds to Sora and other rivals with MuseSteamer and AI-enhanced search features – Crypto News
-
Business1 week ago
$3.5B AUM Fund Sets New Launch Date for XRP, Solana and BNB Focused ETF – Crypto News
-
Metaverse1 week ago
Baidu responds to Sora and other rivals with MuseSteamer and AI-enhanced search features – Crypto News
-
De-fi1 week ago
Top Interop Protocol Wormhole Adds Stacks to Bridge Bitcoin to Multi-Chain DeFi – Crypto News
-
Cryptocurrency1 week ago
Pi Network Price Stuck at $O.50 as Whales Move Tokens From Exchanges; Is $1 Next? – Crypto News
-
Business1 week ago
XRP Price Jumps As Ripple Applies for Banking License, Is $3 Next? – Crypto News