Global TradFi & Macroeconomics

From 23:00 to 23:15 (UTC) on June 3, 2026, BTC saw a sharp drop of 0.47% within 15 minutes, with a price range of 64,404.8–64,983.4 USDT and a volatility of 0.89%. This sell-off continues the pullback trend that has been ongoing since late May. By that day, the price had fallen about 12% from the weekly high of $75,850, with market volatility noticeably increasing and bearish sentiment prevailing. The main drivers behind this spike are continued outflows of institutional funds, alongside selling

According to China Securities Journal, Shanghai Petrochemical and Shanghai Petroleum & Petrochemical Research Institute achieved a breakthrough in wet-spun T1000-grade high-performance carbon fiber on June 3, enabling batch production. The development sparked gains in related listed companies,

WTI crude oil fell 1.00% intraday to $96.81 per barrel on June 3.

Bitmine Immersion Technologies is facing an estimated $8.9 billion in unrealized losses as ether fell below $1,800, dragging down the value of the largest corporate Ethereum treasury. The company holds more than 5.4 million ETH, equal to roughly 4.5% of Ethereum's circulating supply, making Bitmine

Bitmine Immersion Technologies faces an estimated $8.9 billion in unrealized losses after Ethereum fell below $1,800 on Wednesday, undermining the value of the largest corporate ETH treasury. The company holds more than 5.4 million ETH, representing roughly 4.5% of Ethereum's circulating supply,

Between 22:00 and 22:15 (UTC) on June 3, 2026, the BTC price saw a sharp intraday drop of -0.67%. The trading range was 65,301.0-65,837.6 USDT, with a swing of 0.82%. The market accelerated downward under short-term technical pressure, and volatility expanded somewhat. The main driver behind this move was the convergence of technical oversold conditions and programmatic sell pressure. The price is currently below the 50-day moving average ($76,655.41) and the 200-day moving average ($78,802.22).

According to CME FedWatch Tool data, the Federal Reserve has a 98.4% probability of holding rates steady in June and a 1.6% probability of cutting by 25 basis points. For July, the probability of maintaining current rates stands at 90.2%, with an 8.4% chance of a 25 basis point rate increase and a 1

According to Guru Club, offshore Chinese yuan (CNH) fell 180 points against the U.S. dollar to 6.7803 on Wednesday (June 3) New York close. The currency traded within a daily range of 6.7612-6.7817 yuan per dollar.

According to Guru Club, WTI July crude oil futures rose 2.41% to $96.02 per barrel on June 4. Brent August crude oil futures climbed 1.89% to $97.81 per barrel.

WTI crude oil opened lower on Thursday (June 2), declining 0.5% to $97.38 per barrel.

On June 3, Latin American stocks and currencies declined sharply as investors withdrew from risk assets amid renewed Middle East conflict concerns and fresh worries over potential U.S. tariffs targeting major regional economies. The MSCI Latin America Index fell 2.6%, marking its lowest level in ove

From 21:30 to 21:45 UTC on June 3, 2026, ETH recorded a short-term rally of +1.51% within 15 minutes. The price quickly probed the $1,800.57 to $1,839.91 USDT range, with a 2.18% amplitude. Against the backdrop of overall market pressure and ETH falling back more than 60% from its intra-year high, this move is typical of a technical rebound, with significantly increased market attention. The main driver of this move is technical oversold repair. The RSI indicator is in the 25–31 range, near the

According to the Federal Reserve Beige Book, prices are rising at a moderate to strong pace across most regions, with Middle East conflict-related energy costs emerging as the primary driver of inflationary pressure. The surge in energy costs is affecting shipping, packaging, food, and fertilizer s

Bitcoin retraced from $83,000 to $72,000 in May 2026 following $1.031 billion in Bitcoin exchange-traded product outflows during the second half of the month, according to a report from Bitwise Europe researchers André Dragosch and Luke Deans. The month opened with Bitcoin crossing $80,000 for the f

On Wednesday (June 3), COMEX gold futures fell 1.34% to $4,459.40 per ounce during New York's closing session, trading between $4,525.10 and $4,454. Spot gold declined 1.23% to $4,433.51 per ounce. COMEX silver futures fell 3.50% to $72.91 per ounce, while COMEX copper futures dropped 2.98% to $6.4

SpaceX plans to raise $75 billion in its initial public offering, which would more than double the current global IPO record of $29.4 billion set by Saudi oil giant Aramco in late 2019. The U.S. exchange record was set in 2014 by China's Alibaba with $25 billion. SpaceX's planned offering would

According to Citigroup analysis, U.S. spot Bitcoin ETFs recorded 11 consecutive days of net outflows through early June, the longest streak since these products launched, with total redemptions reaching approximately $3.8 billion

On Jun 3, US Treasury Secretary Scott Bessent stated that the Treasury Department was "proceeding with all deliberate speed" on Donald Trump's 2025 executive order to establish a strategic Bitcoin reserve and digital asset

SpaceX plans to raise $75 billion in its IPO by offering 555.6 million shares at $135 per share, valuing the company at approximately $1.75 trillion. The funding round would surpass the current global IPO