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Investors are watching crypto-linked stocks like MicroStrategy, Bitmine Immersion Technologies, and Coinbase ahead of the Fed’s June 17 policy decision, as Bitcoin and Ethereum trade near recent levels and markets widely expect rates to remain unchanged.
Ethereum is trading near $1,674, a key resistance level that could shape its short-term direction as traders watch market metrics and network developments closely.
US spot Ethereum ETFs saw $14.8 million in weekly outflows, with BlackRock’s ETHA posting the largest daily withdrawal. Despite selling pressure, some institutions such as Bitmine continue adding ETH, leaving investors watching Ethereum’s next move.
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