# Exchanges — crypto narrative tracker

> CEX/DEX listings, outages, and exchange-related narratives.

_Regime: crash · market +6.3% 7d · Fear & Greed 23 · updated 2026-06-16 07:04 UTC_

**Peak strength today: 14.1** (cross-source convergence). Daily peak strength 2026-06-11 → 2026-06-16: 18.4, 15.5, 13.8, 13.3, 12.0, 14.1.

## Current narratives
- **Crypto Exchange Developments** — strength 11.2 · neutral ↑ · underperform · BTC +5.0% 7d
  - Exchanges like Kraken and Coinbase launch new products, including perpetual futures and AI agent tools.

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