BTCC Crypto Daily (June 19) | Fed Holds Rates Steady, Trump Criticizes Powell Again
By:C, Fiona1.Overview
- The Federal Reserve maintains interest rates, still expecting two cuts this year.
- Despite Middle East tensions, Bitcoin spot ETFs record strong inflows for the eighth consecutive day.
- Trump criticizes Powell again, calls for rate cuts, urges House to fast‑track stablecoin legislation.
- Bitcoin now consolidating around the $105K level, market sentiment remains cautious.
2.Macro & Policy Outlook
Key Events Today
- UK central bank will decide on interest rate today (previous: 4.25%).
Global Macro Developments
1..United States considering strike on Iran
On June 19, according to Bloomberg citing sources, the U.S. government is preparing for a possible military strike on Iran in the coming days. U.S. forces continue reinforcements to the Middle East: a third destroyer has entered the eastern Mediterranean, and a second carrier strike group is en route to the Arabian Sea. The White House states that “all options remain on the table.” Trump says he will decide at “the last moment” and reiterates that military action is inevitable if Iran refuses to abandon its nuclear ambitions. Meanwhile, foreign ministers from the UK, France, and Germany plan to meet Iranian counterparts in Geneva on Friday to pursue diplomatic resolution.
2.Fed holds rates steady, still projects two cuts this year
On June 19, the Fed kept the benchmark rate at 4.25–4.50%, marking its fourth consecutive hold, in line with expectations. The statement said that “uncertainty around the economic outlook has lessened,” and removed warnings about upside inflation and unemployment risks. Although the dot‑plot still projects two rate cuts in 2025, officials are leaning more hawkish overall.
The latest projections cut 2025 GDP growth to 1.4%, raise unemployment to 4.5%, and lift PCE inflation expectations to 3.0%. Fed Chair Powell stated that holding rates steady is appropriate, inflation remains uncertain—especially tariff impacts—and more data will become available this summer.
3. Trump: Digital assets are the future, urges fast passage of stablecoin bill in House
Ohio’s House Technology & Innovation Committee unanimously approved HB 116, which protects individual self-custody rights for digital assets, mining and node operation, and offers a $200 per transaction capital gains exemption on digital asset trades.
4.U.S. Treasury: Crypto won’t threaten dollar’s dominance
On June 19, Treasury Secretary Bessent said cryptocurrencies do not pose a threat to the dollar; stablecoins actually help reinforce its global leadership. He called digital assets “one of the most important phenomena of our time, long overlooked.” The passage of the GENIUS Act pushes the U.S. closer to becoming a digital assets innovation hub.
Traditional Asset Correlations
U.S. stocks saw modest fluctuations on Wednesday, with the Dow Jones closing down 0.1%, the S&P 500 falling 0.03%, and the Nasdaq edging up 0.13%. Stablecoin issuer Circle (CRCL.N) surged 34.25%, with its share price surpassing $200. Due to the Juneteenth holiday, U.S. markets are closed today. Spot gold slightly retreated to $3,377 per ounce.
3.Crypto Market Snapshot
1. Spot Performance of Major Cryptocurrencies
(as of June 19, 2025, 14:00 HKT)
2. Derivative Funding Flow Analysis
On June 19, Coinglass data shows net outflows from BTC, ETH, SOL, XRP, HYPE, SUI, DOGE futures—potential trading opportunities.
3. Bitcoin Liquidation Map
As of June 19, at BTC price $104,689:
- If BTC drops below $103K, long liquidations across major CEXs may reach $1.308B.
- If BTC breaks above $106K, short liquidations may hit $1.186B.
Leverage control advised to avoid mass liquidations amid volatility.
4. Bitcoin Long/Short Ratio
As of June 19, 14:00 HKT, BTC long/short ratio is 0.6987 (41.13% long, 58.87% short).
5. On-Chain Monitoring
- On June 19, Onchain Lens recorded a TRUMP‑team wallet deposit of 182,068 TRUMP ($1.7M) to Coinbase.
- A whale reactivated after one year and staked 7,182 ETH ($18.08M) to Lido.
4.Blockchain Headlines
- Trump urges the House to fast‑track stablecoin bill at “lightning speed.”
- Trump criticizes Powell again: “Mr. Too Late” is costing the U.S. billions.
- Ohio House passes bill exempting BTC payments below $200 from taxes.
- Bitcoin transaction fees as a share of miner revenue fall below 1%, lowest in three years.
- Israeli hackers attack Iranian crypto exchanges, destroying $90M in assets.
- U.S. DOJ initiates civil forfeiture for crypto‑related fraud exceeding $225M.
- Circle, the first pure stablecoin stock, rises over 12%, +440% since IPO.
- a16z’s official X account briefly hacked, tokens and fake content were not official.
- Bitcoin spot ETFs saw net inflows of $390M yesterday, marking eight straight days.
- Sol Strategies applies to list on Nasdaq under ticker “STKE.”
- Polyhedra Network (ZKJ) unlocked ~15.53M tokens (≈5.04% of supply).
5.Institutional Insights · Daily Picks
- Delphi report: Tether and Circle hold 86% stablecoin market share; over $120B in U.S. Treasuries locked in stablecoins.
- Matrixport: Maintaining current support may pave BTC’s path to $140K by late summer.
- Greeks.live: The community leans bearish, focusing on key support at $104K and $100K.
6.BTCC Exclusive Market Analysis
On June 19, Bitcoin consolidates near $105K, currently trading at $104,977 (-0.35% in 24h), with short‑term movement subdued. Continued geopolitical tensions in the Middle East keep risk sentiment cautious.
Technically, the daily chart shows BTC oscillating below the mid‑band of Bollinger Bands, pressured by the 5‑ and 10‑day MAs. MACD remains in a death cross, momentum waning, RSI around 48, indicating weak momentum. Key resistance at $105,500—breach targets $108K; downside support at $104K—loss opens further downside.
With macro and geopolitical uncertainties unresolved, investors are advised to stay on the sidelines, watching the $105,500 hold and news‑driven sentiment shifts.
Risk Disclaimer: This content is for informational use only and does not constitute investment advice or trading recommendations. Markets carry risk; investors should exercise caution and manage risk responsibly.
How to Trade Crypto on BTCC?
This brief instruction will assist you in registering for and trading on the BTCC exchange.
Step 1: Register an account
The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.
Step 2: Finish the KYC
The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.
Step 3. Deposit Funds
After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.
Fiat Deposit. Buy USDT using Visa/Mastercard (KYC required).
Crypto Deposit. Transfer crypto from another platform or wallet.
Step 4. Start Trading
If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.
Look more for details: How to Trade Crypto Futures Contracts on BTCC
BTCC FAQs
Is BTCC safe?
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
BTCC Guide:
How to Trade Crypto Futures Contracts on BTCC
BTCC Guide-How to Deposit Crypto on BTCC?
What is Crypto Futures Trading – Beginner’s Guide
What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
BTCC Review 2024: Best Crypto Futures Exchange
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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