{"id":227405,"date":"2025-06-30T19:45:12","date_gmt":"2025-06-30T19:45:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/227405\/"},"modified":"2025-06-30T19:45:12","modified_gmt":"2025-06-30T19:45:12","slug":"3-key-events-this-week-that-could-move-bitcoin-and-crypto-prices","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/227405\/","title":{"rendered":"3 key events this week that could move Bitcoin and crypto prices"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">Bitcoin leverage is rising fast, with Taker Buy\/Sell Ratios and Open Interest surging.<\/li>\n<li style=\"font-weight: 400;\">Could macro surprises trigger another April-style 20% liquidation?<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> is wrapping up Q2 with strength. It has rebounded 7% on the week and locked in 30% quarterly gains, even as macro headwinds piled up: April\u2019s sharp correction, the Fed\u2019s hawkish tone, and the conflict in the Middle East.<\/p>\n<p>On the surface, it looks like BTC is shrugging off risk. However, CryptoQuant\u2019s Spot vs. Derivative Volume Ratio says otherwise. By end-May, the ratio plunged to 0.05, a level last seen pre-election.<\/p>\n<p>Though the ratio has rebounded slightly since, AMBCrypto data reveals BTC\u2019s 7% weekly gain isn\u2019t a clean breakout. <\/p>\n<p>Instead, three key catalysts appear to be driving the volatility, shaping a path that\u2019s far from linear.<\/p>\n<p><b>Buckle up for a volatile week<\/b><\/p>\n<p>Bitcoin began June at $104,785 and is on track to end the month with a modest 2.89% gain, a sharp cooldown from May\u2019s 10.99% rally.<\/p>\n<p>The recent slowdown in momentum has been largely attributed to war-related fear, uncertainty, and doubt (FUD), which has capped upside potential. Now, attention is shifting from price action to broader macroeconomic pressures.<\/p>\n<p>This week brings several <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/1939370790400737359?t=8gaMw8jcZvZ8P6R2VkH55w&amp;s=19\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">key U.S. economic reports<\/a>, starting with a speech by Fed Chair Jerome Powell, followed by data releases on non-farm payrolls, unemployment, and manufacturing activity.<\/p>\n<p>With just 30 days until the next FOMC meeting, where policymakers will weigh potential rate cuts, these reports will be crucial in shaping expectations.\u00a0<\/p>\n<p>Markets are already leaning dovish, as reflected by a 7.7% drop in the 10-year U.S. Treasury yield this week.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/usgg10yr_ind-2.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506785\" class=\"wp-image-506785 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Treasury yield\" width=\"1500\" height=\"1040\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/usgg10yr_ind-2.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506785\" class=\"wp-caption-text\">Source: Trading Economics<\/p>\n<p>Still, overall sentiment remains cautious.<\/p>\n<p>Polymarket shows 82% <a href=\"https:\/\/polymarket.com\/dashboards\/fed-rates\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">odds<\/a> against a rate cut, as persistent inflation and renewed tariff risks limit the Fed\u2019s flexibility. The modest 0.1% MoM rise in May\u2019s CPI further strengthens the hawkish narrative, cutting seem unlikely.<\/p>\n<p>That\u2019s why this week\u2019s economic data takes center stage.<\/p>\n<p>If job and manufacturing figures come in weaker than expected, it could trigger risk-on momentum. <\/p>\n<p>For Bitcoin, that may be the catalyst it needs\u2014a soft macro print could pave the way for a clean breakout above $110K.<\/p>\n<p><strong data-start=\"356\" data-end=\"415\">Bitcoin leverage builds fast as traders bet on breakout<\/strong><\/p>\n<p>Bitcoin buyers are piling in hard.\u00a0<\/p>\n<p>At press time, Deribit\u2019s Taker Buy\/Sell Ratio <a href=\"https:\/\/x.com\/JA_Maartun\/status\/1939266193321533917?t=6ZxE7Y0oo14UBeHxkFmSVA&amp;s=19\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">surged<\/a> to an extreme 12.5, signaling clear dominance from aggressive longs. <\/p>\n<p>Across all exchanges, the ratio has climbed back to early June levels, while Open Interest was up 1.63% to $72 billion.<\/p>\n<p>That\u2019s enough to confirm that leverage is building again. On the surface, there\u2019s no overheating, technical indicators remain neutral, and sentiment hasn\u2019t tipped into euphoria.<\/p>\n<p>In fact, Bitcoin\u2019s spot vs. derivatives volume ratio has seen a minor jump to 0.07, a level last seen in early May. <\/p>\n<p>That suggests this rally is still being driven by speculative flows, not organic spot demand.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Bitcoin-Trading-Volume-Ratio-Spot-VS.-Derivative.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506797\" class=\"wp-image-506797 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin \" width=\"4000\" height=\"2250\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Bitcoin-Trading-Volume-Ratio-Spot-VS.-Derivative.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506797\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>Now, with July front-running critical macro reports, Trump\u2019s high-stakes tariffs coming back into play, and futures traders piling into longs as if a rate cut is guaranteed, the conditions are eerily reminiscent of early April.<\/p>\n<p>So, is <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin<\/a> staring down another 20%+ correction?<\/p>\n<p>If this week\u2019s data breaks against expectations, and leverage remains elevated, the downside risk is real.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/pepe-has-eyes-on-a-50-price-rally-but-heres-what-must-happen-first\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">PEPE has eyes on a 50% price rally, but here\u2019s what must happen first!<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin leverage is rising fast, with Taker Buy\/Sell Ratios and Open Interest surging. Could macro surprises trigger another&hellip;\n","protected":false},"author":2,"featured_media":227406,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-227405","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114774037329667529","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/227405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=227405"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/227405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/227406"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=227405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=227405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=227405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}