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According to ChainCatcher, Bitcoin, which is regarded as the "counterpart" of the US Dollar Index (DXY), is under continued pressure as the market is watching the DXY approach the upper end of a 13-month consolidation range. Data shows that Bitcoin has weakened for a third consecutive trading day, with the price hovering around $63,900. The overall crypto market is also generally under pressure. Meanwhile, DXY rose by 0.26% to 100.66, extending the previous trading day's 0.8% increase and is nearing the edge of a crucial range breakout. Analysts point out that if this structural breakout is confirmed, it will typically trigger trend-following funds to further push the US dollar upward. Historical data indicates a clear negative correlation between Bitcoin and the US Dollar Index; a stronger dollar tends to put pressure on US dollar-denominated risk assets. The market believes that the Federal Reserve's hawkish tone has reinforced the support for the dollar and may further drive funds toward safe-haven and dollar assets.

BlockBeats News, June 19th, according to Coinglass data, if Bitcoin breaks above $64,000, the cumulative short liquidation intensity on mainstream CEXs will reach $7.86 billion. Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on mainstream CEXs will reach $6.55 billion. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent clusters, i.e., intensity. Therefore, the liquidation chart illustrates to what extent reaching a certain price level will have an impact. Higher "liquidation bars" indicate that the price reaching that level will generate a stronger response due to a liquidity cascade.

Odaily reported that KobeissiLetter's analysis pointed out that Intel's stock price rose by about 9% in a single day after Trump announced that chips would be jointly designed and manufactured domestically in the United States. This development constitutes a policy-level benefit for the entire semiconductor industry, and the market anticipates that investments in domestic wafer manufacturing and advanced processes in the US will continue to receive support. However, for the crypto market, if US chip production capacity shifts more toward consumer electronics and defense-related orders, it could indirectly reduce ASIC mining rig supply, potentially impacting the mining hardware cycle. Therefore, Intel's production capacity trends are viewed as a “substantive signal for reassessment” for Bitcoin and the crypto mining market.