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Bitcoin, ONDO & Crypto – European Wrap 17 June

Bitcoin, ONDO & Crypto – European Wrap 17 June

Bitcoin (BTC) steadies near $66,000 at the time of writing on Wednesday as investors await the Federal Reserve’s (Fed) interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds (ETFs) recorded a mild inflow on Tuesday, after weeks of outflows. Traders are closely monitoring the first Federal Open Market Committee (FOMC) meeting chaired by Kevin Warsh for clues on the future policy path, which could determine the Crypto King’s next directional move.

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Ondo (ONDO) price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks…

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