Investor Insights - June 2023

The Cointelegraph Research Investor Insights Report is a monthly paid report showcasing the latest insights on Bitcoin, DeFi, NFT, GameFi, Venture Capital, Security Tokens, Mining, Crypto Stocks, Regulations, and Derivatives.

In May, Bitcoin (BTC) posted its first monthly loss since December 2022 with a negative 6.98%. However, this consolidation was not obviously driven by a change in fundamentals or the broader macroeconomic environment. This makes the upcoming FOMC meeting in June all the more significant, as the crypto markets are looking for direction and liquidity. Many indicators, such as the futures market and VC investment, still point to an optimistic underlying sentiment. But while traditional markets and tech stocks were able to continue their rally in May, actual price action in the crypto market has remained suppressed.

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