The biggest cryptocurrencies fell during the European morning, extending the subdued mood after the Federal Reserve trimmed interest-rate cut expectations on Wednesday. Bitcoin and ether both fell by around 1% over 24 hours, CoinDesk Indices data show... Bitcoin dropped to just below $66,000 - near the low end of the $72,000-$65,000 range it's been trading in for the past month - and ether was quoted around $3,500.
U.S.-listed bitcoin miners reached a record market cap of $22.8 billion on June 15, JPMorgan said in a report. The bank noted that almost all the companies outperformed bitcoin in the first two weeks of June, with Core Scientific the best performer, adding 117%, and Argo Blockchain the worst, dropping 7%... Bitcoin mining stocks gained in the first half of the month as investors reacted positively to news of Core Scientific's deal with artificial intelligence firm CoreWeave, the report said.
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