Why is Crypto Up or Down?

Crypto is mixed (0.0%) β€” Top: NEAR +6.3%

Crypto prices were modestly lower on average in a mixed session, as softer-than-expected June CPI initially supported risk appetite but that tailwind was tempered by supply-side headlines, including reports that the US government moved $244 million in bitcoin to Coinbase, which can weigh on sentiment even without confirmed selling. Meme-linked tokens lagged, with Shiba Inu underperforming alongside renewed skepticism toward speculative valuations highlighted by Mark Yusko’s comments on Dogecoin, while relative strength in NEAR suggests selective rotation into higher-beta L1s as investors reassess platform narratives amid ongoing debate over Ethereum’s durability.

35 moves Β· 20 sources Β· Last 24h Β· 19 up / 16 down

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