CoinEx Daily: Bitcoin Softens on Fed Hike Bets and Cautious Risk Sentiment

Daily View

Bitcoin traded softer today, pressured by reports that traders are increasing bets on a July Fed rate hike ahead of key inflation data, a backdrop that typically supports higher yields, a firmer U.S. dollar, and a more cautious tone across risk assets. Macro conditions remain mixed, with South Korea’s sharp equity-market deleveraging underscoring broader risk sensitivity while policy and regulatory headlines continue to reinforce a restrained cross-asset environment. Overall crypto sentiment appears subdued but stabilizing, as signs that Bitcoin panic-selling may be fading are offset by low social activity and continued investor caution.