Monetary Policy

Bitcoin retraced toward $62,800 after recovering to approximately $63,150, following the release of U.S. May Producer Price Index data showing headline inflation at 6.5%. The May PPI report exceeded the 6.4% forecast and marked the highest level since November 2022, prompting traders to reassess

Bitcoin retraced from $63,150 toward $62,800 after the May Producer Price Index came in hotter than expected at 6.5% headline inflation, above the 6.4% forecast and the highest level since November 2022. The move reflected trader sensitivity to inflation data, as stronger price pressures increase ex

In May, the Consumer Price Index returned to above 4% for the first time in three years, with energy prices becoming the key driver. Compared with April, the mild performance of core inflation formed a split combination of overall heat and an restrained core. This structural “temperature difference” not only makes the rate-hike path increasingly hard to pin down, but also directly affects the pricing benchmark of crypto assets in a strong-US-dollar environment. According to data from the U.S. De

The US Consumer Price Index for May 2026 rose 0.5% month-over-month and 4.2% year-over-year, matching economist forecasts, according to Bureau of Labor Statistics data. Core CPI increased 0.2% monthly, below the expected 0.3%, while annual core inflation held at 2.9%. Elevated energy prices driven b

At 20:30 Beijing time on June 10, 2026, the U.S. Bureau of Labor Statistics will release the May Consumer Price Index. This is the final key inflation data point ahead of the first FOMC policy meeting under new Fed Chair Kevin Wosch, scheduled for June 16 to 17. Market expectations are that overall CPI year-over-year growth will rise to 4.2%, the highest since March 2023, and the first time inflation has returned to above 4% in nearly three years. Core CPI excluding food and energy is expected t

According to BlockBeats and Bitunix analysts, the U.S. May Consumer Price Index (CPI) data released today is expected to show a year-on-year increase of 4.2%, marking the first time it has exceeded 4% in nearly three years. The market anticipates this inflation

In early March 2026, Fed rate hikes were, in Wall Street’s eyes, something all but out of reach. The CME FedWatch tool shows that market funds were betting on the probability of the Fed raising rates in 2026 at only a single-digit percentage. But in just three short months, everything has changed. Based on Gate’s latest prediction market data, the probability that market funds are betting on the Fed raising rates in 2026 has surged to 55%, whereas in early March

According to CoinDesk, on June 10, Bitcoin and gold fell in tandem as market expectations of interest rate hikes pressured non-yielding assets. Bitcoin declined approximately 7% this week while gold broke below $4,200 per ounce. Over the past week, more than $500 million in short positions were

Bitcoin (BTC) continues to weaken and fall further, temporarily around $61,850 as of June 10. The U.S. House of Representatives holds a hearing on a crypto tax bill, with lawmakers from both parties questioning details of the draft. Kalshi will require some prediction market participants to disclose employer information to help prevent insider trading. Macro Events & Crypto Market Highlights 1、According to CoinDesk, the U.S. House Committee on Ways and Means will hold hearings on multiple crypto

The crypto market experienced a structural shift in May 2026 as Bitcoin tested and failed to hold both its 200-day moving average and short-term holder realized price amid persistent inflation and a hawkish Federal Reserve stance. The pullback was driven by macroeconomic pressure tied to the rate en

According to PYMNTS, on June 9, the U.S. Federal Deposit Insurance Corporation (FDIC) closed its comment period on proposed rules for stablecoin issuers. The proposal clarifies that stablecoin holders are not eligible for FDIC deposit insurance coverage; while reserve assets held by issuers as

According to BlockBeats on June 9, major Wall Street institutions including Goldman Sachs have reversed near-term rate-cut expectations following strong employment data, with market traders now pricing in prolonged higher rates and potential further increases. Goldman Sachs canceled its year-end rat

According to the CME Fedwatch tool, the Federal Reserve is expected to maintain its target rate range at 3.50%-3.75% on June 17, 2026, with a 98.2% probability, as Fed Chair Kevin Warsh presides over his first FOMC meeting. Warsh was confirmed by the Senate on May 13 in a narrow 54-45 vote and

Between 12:00 and 12:15 (UTC) on June 8, 2026, BTC saw a sharp drop of 1.20% in 15 minutes, falling from 63,654.6 USDT to 62,708.6 USDT, with a range of 1.49%. This volatility occurred against the backdrop of 13 consecutive days of net outflows from Bitcoin ETFs and a continued deterioration in market sentiment, with short-term sell pressure clearly intensifying. The main driver behind this move is the continued capital outflow from spot Bitcoin ETFs. Data shows that as of June 3, Bitcoin ETFs h

On the early morning of June 8, Iran fired multiple rounds of missiles at Israel. This was Iran’s first direct missile attack on Israel since the ceasefire on April 8; afterward, Bitcoin surged more than 2% to about $63,330. Axios reported that on June 7, Trump called Israeli Prime Minister Benjamin Netanyahu, urging him to “not retaliate.” Goldman Sachs expects that because the labor market is stronger than expected, the Fed will no longer cut rates this year. Iran-Israel Developments: Trump St