Less than a month into his term, Kevin Warsh signaled a materially different Fed communications regime, and new projections showed nine of 18 officials seeing at least one rate increase this year. Markets treated the debut as hawkish, reinforcing the higher-for-longer liquidity backdrop that has been a headwind for Bitcoin.

The White House said the greatest amount of oil since the war began is now flowing through the Strait of Hormuz after the US-Iran memorandum took effect. A steadier energy channel matters for Bitcoin because it can cool inflation pressure, soften rate expectations, and improve macro risk appetite.

US spot Bitcoin ETFs lost a net $90.7 million on June 18, with BlackRock's IBIT down $96.7 million and only limited offsets elsewhere. The latest print keeps institutional demand on the back foot and suggests macro caution is still dominating dip-buying through the ETF channel.

Israel and Hezbollah agreed to renew their ceasefire after fighting forced the postponement of planned US-Iran talks in Switzerland. The reset lowers the immediate chance of another energy shock, but it also shows how fragile the geopolitical backdrop remains for Bitcoin and other risk assets.

Oman launched Omanhash.om and now requires licensed miners to route hashrate through a single state-backed pool. The move tightens sovereign oversight of mining revenue, reporting and compliance, and could become a template for jurisdictions treating hashrate as strategic infrastructure.