This week’s muted action in bitcoin – the price has essentially stayed in the $67,000-$69,000 range – came alongside struggles for other risk assets, U.S. stocks amongst them. While still remaining close to all-time highs, the Nasdaq is lower by about 2% this week, while the S&P 500 is off by roughly 1.5%.
![Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst](https://www.coindesk.com/resizer/ZeXf7khVMP2qLb-idEjxCONEB4Y=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HQWL7X4K6NHWVF7GQ2DNY4RLBE.jpg)