June 2025 Report
Sentiment, Signals, & Global Stress
15 June 2025
June’s report examines how macro headwinds—from rising global interest rates to capital flight from emerging
markets—are
reshaping crypto and risk-on sentiment.
As liquidity tightens and volatility resurfaces, investors are navigating an increasingly reactive market environment.
Institutional buyers have become more dominant in shaping direction, while retail sentiment continues to swing between extremes. The divide between data-driven, longer-term strategies and short-term emotional trades is widening—with measurable outcomes reflected in flows and positioning.
We also unpack the Fear & Greed Index, now a defining gauge of sentiment across crypto markets. With June levels oscillating between “Neutral” and “Fear,” the market reflects hesitation, yet historical trends suggest moments like these often precede directional breakouts.
As liquidity tightens and volatility resurfaces, investors are navigating an increasingly reactive market environment.
Institutional buyers have become more dominant in shaping direction, while retail sentiment continues to swing between extremes. The divide between data-driven, longer-term strategies and short-term emotional trades is widening—with measurable outcomes reflected in flows and positioning.
We also unpack the Fear & Greed Index, now a defining gauge of sentiment across crypto markets. With June levels oscillating between “Neutral” and “Fear,” the market reflects hesitation, yet historical trends suggest moments like these often precede directional breakouts.

Institutional vs. Retail: Institutional flows now 60%+ of crypto volume

Fear & Greed Index: June range: 38–53 (Fear to Neutral)

Retail activity: Down 24% from Q1 peak across major exchanges