Cryptocurrency traders are hoping this week will ease months of geopolitical uncertainty that has weighed on risk assets following Sunday’s announcement of an interim peace deal between the United States and Iran.
Bitcoin rose to nearly $66,000 on Monday, nearly 3.5% above Friday’s level, with crypto stocks such as Strategy (MSTR) and Galaxy (GLXY) gaining in pre-market trading.
However, there are still some caveats. A ceasefire broke down in April, and last month a US attack broke it again, hurting crypto prices.
Kevin Warsh is expected to make his first interest rate decision as Fed chairman on Wednesday. It is expected that there will be no change to the current level.
The introduction of a new dot plot that charts Fed policymakers’ personal interest rate forecasts and the shortening of the trading week due to Friday’s June 1 federal holiday suggest that liquidity is likely to weaken.
This week’s data calendar and the Fed’s guidance will ultimately determine whether cryptocurrencies can take advantage of the clear geopolitical tailwinds and build a decisive recovery.
what to see
(all times Eastern)
- cryptography
- June 15: The CFTC begins a formal 45-day public comment period following notice of proposed rulemaking targeting prediction markets.
- June 16: Industry groups begin preparing formal responses to the U.S. House Ways and Means Committee following extensive Congressional hearings on the digital assets tax proposal.
- macro
- June 15th, 8:30 a.m.: The US Empire State Manufacturing Business Index for June is estimated at 12.0 (previously 19.6)
- June 17th 2:00 pm: US Federal Reserve Board (FOMC) interest rate decision forecast 3.50% to 3.75% (previously 3.50% to 3.75%)
- June 18th, 8:30 a.m.: Estimated number of new unemployment insurance claims in the United States for the period ending June 13th: 222,000 (previously: 229,000)
- June 19th: U.S. stock markets are closed for the June 19th federal holiday.
- June 19: The United States and Iran sign a ceasefire agreement.
- revenue
token event
- Governance votes and calls
- Cratos previously approved CIP-41, which extends the daily token reward limit under the current reward criteria until June 30th, and has voted to extend the period for users to receive rewards for their actions until July 31st. Voting ends on June 18th.
- Rocket Pool is voting to rebalance the RPL inflation allocation to increase funding for the pDAO protocol during and after the Saturn 2 migration. Voting ends on June 19th.
- Orderly is voting on the delisting of eight tokens: BIRB, PAXG, SKY, SNX, AR, FIL, STBL, and MYX. Voting ends on June 22nd.
- unlock
- June 16: Arbitrum (ARB) releases 1.68% of circulating supply (valued at $7.76 million).
- June 20: Kaito (KAITO) releases 1.76% of its circulating supply worth $8.39 million.
- Activate token
- June 15: C8ntinuum (CTM) listed on Bitmart.
- June 17: Botchain (METAKPK) is listed on Bitmart.
conference
- June 15th-21st: Berlin Blockchain Festival 2026 (Berlin, Germany)
