Spot Bitcoin ETFs recorded $152 million in net outflows on Tuesday.

Overall crypto market capitalization has fallen to $2.45 trillion, with nearly all top 100 digital assets posting losses in the past 24 hours.

Institutional investors sold $600 million worth of digital assets last week.

The newly launched ZK token trades at a more than $900M TVL after suffering a 20% drawdown.

Investors pulled $226 million from spot Bitcoin ETFs on Thursday.

Leading memecoins have plunged, with market leaders PEPE and WIF dropping 15% and 25%, respectively, in the past seven days.

Crypto markets tumbled after yesterday’s Fed statement revealed that policymakers now expect a single rate cut this year.

Global markets were buoyed as U.S. inflation data for May came in cooler than expected.

ETH and SOL are down 6% and 8%, respectively, ahead of tomorrow’s Fed decision and CPI inflation report.

Bitcoin stayed below $70,000, while Solana, Ethereum and Polkadot were flat.