Bitcoin

In the current macro environment of extreme fear (Fear & Greed 22) and a bearish sentiment, any distraction from the core macro drivers (Fed policy, regulatory news) is negligible. The tennis upset does not alter the fundamental drivers of Bitcoin or altcoin prices, which remain tied to liquidity conditions and on-chain activity.

World number two Elena Rybakina lost to Yuliia Starodubtseva in the second round of the French Open, marking the biggest upset of the tournament so far.