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Crypto Market Today, June 22: Bitcoin Holds Above $64,000 on Easing Geopolitical Tensions

Crypto Market Today, June 22: Bitcoin Holds Above $64,000 on Easing Geopolitical Tensions

As of early evening on June 22, Bitcoin (BTC +0.79%) rose 1.1% to $64,352.14, Ethereum (ETH +0.99%) rose 1.5% to $64,352.14, and Solana (SOL 0.38%) slipped 0.4% to $72.75.

What’s driving crypto markets

Risk sentiment continues to pressure crypto prices this week, as fears of a hawkish Federal Reserve outweigh relief from easing geopolitical tensions.  The Ethereum Foundation is grappling with the departure of another key executive, raising questions about governance and direction.

Crypto ETF snapshot

Research from Galaxy Digital shows the 30-day outflows reached $6.35 billion last week.  However, the crypto ETF drain appears to be slowing, with Bitcoin ETFs losing only around $90 million on Friday.

What this means for…

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