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📢 Gate Square Daily | June 9
1️⃣ Geopolitics: Israeli media reports Trump pressured Netanyahu to stop escalating strikes on Iran; easing Middle East tensions spark a US equity rebound — semiconductor index surges 5%+, Intel jumps 11%.
2️⃣ Market Update: BTC trades at $63,080; ETH at $1,696, with the ETH/BTC ratio falling to 2016 levels — signaling continued institutional preference for Bitcoin.
3️⃣ Macro Update: US stock market cap-to-GDP ratio hits a record 238%; South Korea's KOSDAQ triggers a circuit breaker again, halting trading for 20 minutes after an 8% drop.
4️⃣ Institutional View: JPMorgan says Strategy needs to rebuild its dollar reserves to restore confidence, and puts the odds of a crypto bill passing this year at below 50%.#SpaceXIPOSeesStrongOversubscription
1️⃣ Geopolitics: Israeli media reports Trump pressured Netanyahu to stop escalating strikes on Iran; easing Middle East tensions spark a US equity rebound — semiconductor index surges 5%+, Intel jumps 11%.
2️⃣ Market Update: BTC trades at $63,080; ETH at $1,696, with the ETH/BTC ratio falling to 2016 levels — signaling continued institutional preference for Bitcoin.
3️⃣ Macro Update: US stock market cap-to-GDP ratio hits a record 238%; South Korea's KOSDAQ triggers a circuit breaker again, halting trading for 20 minutes after an 8% drop.
4️⃣ Institutional View: JPMorgan says Strategy needs to rebuild its dollar reserves to restore confidence, and puts the odds of a crypto bill passing this year at below 50%.