Bitcoin and Ether both experienced drops in trading volumes, with Bitcoin falling below the support line of US$25,000. The US Federal Reserve left interest rates unchanged, but warned of potential hikes to combat inflation. Despite the release of documents expected to help Ripple's defense in an SEC lawsuit, Ripple's XRP token fell. The total cryptocurrency market cap lost 2.76% in the last 24 hours, with the daily crypto trading volume falling 5.37%.

Miami's Bitcoin-friendly Mayor Francis Suarez has filed paperwork with the Federal Election Commission to run for President in the 2024 election. Despite facing competition from high-profile candidates such as former President Donald Trump and Florida Governor Ron DeSantis, Suarez has already been elected twice as Mayor of Miami.

June 15 (Cointime) - Bitcoin's illiquid supply has reached an all-time high of 72%, according to InvestAnswers, indicating increased confidence in BTC despite regulatory challenges. Illiquid supply refers to the amount of BTC held by entities that historically hold onto at least 75% of their coins.

June 15 (Cointime) - On Wednesday, Bitcoin experienced a 3.65% drop to $24,987 at 2103 GMT, resulting in a loss of $947 from its previous close. This decline brings the world's largest and most well-known cryptocurrency down 19.5% from its high of $31,035 on April 14. Additionally, Ether, the coin associated with the Ethereum blockchain network, fell 5.36% to $1,646.1, losing $93.3 from its previous close.

June 15 (Cointime) - Bitcoin's relationship with traditional financial assets has become unpredictable, with the cryptocurrency becoming less volatile but also less predictable. Despite this, onchain data suggests that bitcoin holders are not currently bearish.

June 15 (Cointime) - Bitcoin has seen a 14.8% correction in the past two months, with its price remaining below $26,300 since June 10. In contrast, the Nasdaq tech stock market index has gained 13.6% over the same period, indicating that investors are not turning to cash or short-term debt for safety.

June 15 (Cointime) - The crypto market is facing a critical moment due to regulatory pressure, including lawsuits against Binance and Coinbase by the SEC and the Ripple case. This has led to a significant drop in prices, with Bitcoin losing support at $26,000 and falling 2.30% in the last week. Ethereum has also experienced losses, dropping below the $1,750 support.

June 15 (Cointime) - The Federal Reserve in the US has decided to maintain its federal funds interest rate at 5.25% after a series of rate hikes. Following the announcement, the price of Bitcoin fluctuated and briefly exceeded $26,000 before dropping back down, according to TradingView data. Currently, Bitcoin is trading at approximately $25,830 and has experienced a slight decrease of 0.5% today.

June 15 (Cointime) -Bitcoin trader Peter Brandt has observed a "hinge" behavior on the daily chart, with four consecutive daily candles closing within a 3/10th of 1% range, indicating price equilibrium. This may suggest a balance between bulls and bears. Meanwhile, negative sentiment on Twitter around Bitcoin has reached new highs, historically preceding or following price bottoms.

June 14 (Cointime) - Recently, The subReddits r/Bitcoin and r/Ethereum saw a surge in subscribers, with over 364,000 and 461,000 new subscribers, respectively. This coincided with the SEC lawsuits against Binance and Coinbase. The surge led to r/Bitcoin surpassing 5 million subscribers and r/Ethereum reaching over 2 million. Bitcoin and ether were not implicated as securities in the lawsuits and have remained relatively stable in price compared to other tokens. Some crypto subReddits, including r/Bitcoin and r/Ethereum, went private for 48 hours to protest Reddit's new API pricing terms.