Macro dashboard
Updated 25 Jul 2026, 03:18Risk-off dominant
Cautious signal: the DXY and US 10-year yield remain unfavorable. Altcoins may move by narrative, but macro conditions do not yet validate broad rotation.
The DXY measures the dollar against major currencies. A falling DXY often improves appetite for risk assets, but the signal needs confirmation from US yields.
Elevated yields keep pressure on small caps and long-duration narratives.
Liquidity is recovering slightly, but the signal remains insufficient without a weaker dollar and lower yields.
United States · Base case: pause
Euro area · Neutral signal
Japan · Hike risk
What this means for altcoins
Interpretation rule, not a backtest: below 35/100, the model labels broad rotations as fragile. From 35 to 55, breadth must confirm. Above 60, the regime becomes more supportive.
DXY breaks lower, US10Y cools down and BTC dominance rolls over.
Macro is still restrictive: favor confirmed catalysts and liquid coins.
Dollar or yields re-accelerate: small caps and long-duration narratives stay vulnerable.
Alerts to create
Macro rates
Updated 25 Jul 2026, 03:18This page turns Fed, ECB, BoJ, dollar, US yield and liquidity signals into a readable score for altcoin risk appetite.
Cautious signal: the DXY and US 10-year yield remain unfavorable. Altcoins may move by narrative, but macro conditions do not yet validate broad rotation.
Detailed chart
The DXY measures the dollar against major currencies. A falling DXY often improves appetite for risk assets, but the signal needs confirmation from US yields.
Source: Source unavailableData integrity
Fed, ECB and BoJ curves are not reconstructed. Values shown in the cards are editorial reference points and should be confirmed with the official central-bank source before any decision.
Reference rate: June 17, 2026 decision
At its June 17, 2026 decision, the Fed kept its target range at 3.50%-3.75%. Markets are now watching inflation, jobs, the dollar and yields ahead of the July meeting.
This is the most important macro signal for altcoins. A hawkish Fed pressures small caps. A dovish Fed can reopen risk-on rotation.
Base case: pauseOfficial rate source: Federal Reserve / CME FedWatchOfficial meeting calendarReference rate: June 11, 2026 decision
At its June 11, 2026 decision, the ECB kept its key rates unchanged. The next monetary-policy read is scheduled for July 22-23.
Indirect impact through the euro, liquidity and risk appetite. Less powerful than the Fed, but useful for the global backdrop.
Neutral signalOfficial rate source: European Central BankOfficial meeting calendarReference rate: June 16, 2026 decision
The BoJ raised its policy rate toward 1.00% in June 2026. The market is now watching the yen, the carry trade and the next decision window in July.
A more hawkish BoJ can reduce the carry trade and weigh on risk assets. The yen is a liquidity signal to watch.
Hike riskOfficial rate source: Bank of JapanOfficial meeting calendar