Close Navigation
Will the Upcoming PCE Report Fuel a Crypto Recovery?

Will the Upcoming PCE Report Fuel a Crypto Recovery?

Posted June 25, 2026 at 10:15 am

Jim Iuorio
CME Group

To watch this video you must accept functional cookies.

Ethereum has experienced a significant shift in market dynamics over the past year. After hitting an all-time high in August 2025, Ether has entered a prolonged downward trajectory, falling nearly 70% from its peak. In this market commentary, Jim Iuorio of JI Financial Strategies breaks down the core macroeconomic forces driving this crypto drawdown, focusing on the sharp multi-month rise in the 10-year Treasury note and 2-year Treasury yields.

More importantly, we explore the stark structural decoupling between major cryptocurrencies and technology stocks. While the Nasdaq-100 surged to historic highs of 31,000, Ether broke its long-standing positive correlation and fell more than 35%. Jim analyzes the morning price action of June 23rd to outline an essential thesis for retail traders: has crypto lost its correlation on the way up, only to re-establish it on the way down during risk-off cycles?

Looking forward, this video outlines how the upcoming Personal Consumption Expenditures (PCE) inflation report could serve as a decisive turning point for interest rates and digital assets. Finally, we map out actionable, risk-managed trade setups using July Micro Ether futures for both bullish and bearish market perspectives, highlighting exact entry, target, and stop-loss levels.

Originally Posted June 24, 2026

Join The Conversation

For specific platform feedback and suggestions, please submit it directly to our team using these instructions.

If you have an account-specific question or concern, please reach out to Client Services.

We encourage you to look through our FAQs before posting. Your question may already be covered!

Leave a Reply

Disclosure: CME Group

© [2023] CME Group Inc. All rights reserved. This information is reproduced by permission of CME Group Inc. and its affiliates under license. CME Group Inc. and its affiliates accept no liability or responsibility for the information contained herein, including but not limited to the currency, accuracy and/or completeness of this information, and delays, interruptions, errors or omissions. This information is an unofficial copy and may not reflect the official and accurate version. For the definitive and up-to-date version of any of this information, please see cmegroup.com.

Disclosure: Interactive Brokers Third Party

Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from CME Group and is being posted with its permission. The views expressed in this material are solely those of the author and/or CME Group and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: Ether (ETH) Trading

Investing in cryptocurrencies such as Ether (ETH) involves significant risk. Digital assets are highly volatile and may experience rapid price fluctuations, including complete loss of value. The Ethereum network, smart contracts, and decentralized applications rely on evolving technologies that may be subject to bugs, cyberattacks, regulatory changes, or operational failures. Trading through Interactive Brokers involves execution, custody, and settlement handled by regulated third party partners, which introduces additional counterparty and operational risks. Cryptocurrency products are not legal tender, are not backed by any government, and may not be suitable for all investors.

Disclosure: Digital Assets

Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. Eligibility to trade in digital asset products may vary based on jurisdiction.

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.