● U.S. May seasonally adjusted non-farm payrolls are 139,000, expected 130,000
According to BlockBeats, the U.S. seasonally adjusted non-farm payrolls in May recorded 139,000, the lowest since February, but higher than the market expectation of 130,000. The U.S. Bureau of Labor Statistics pointed out that employment in healthcare, leisure and hospitality, and social assistance sectors continued to grow. Meanwhile, the federal government has continued to lay off workers.
● Federal Reserve's Harker: There is still a possibility of interest rate cuts later this year
According to Odaily Planet Daily, Federal Reserve's Harker stated that the U.S. financial system is facing challenges, the deficit must be controlled, and there are significant concerns about the current government fiscal situation. Harker pointed out that the decline in the quality of key data makes forecasting monetary policy prospects difficult. The Federal Reserve may still cut interest rates later this year.
● Trump: The appointment result of the new Federal Reserve chairman will be announced soon
According to Deep Tide TechFlow, on June 7th, U.S. President Trump revealed in an interview that the appointment result of the Federal Reserve chairman will be announced soon and stated that a good chairman will lower interest rates. He also mentioned that he would consider cutting government contracts held by Musk.
● The U.S. and China will hold talks on the trade agreement in London on June 9
According to Wu Shuo's report, Donald Trump stated that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer will hold talks with Chinese representatives regarding the trade agreement in London on June 9, 2025.
According to Foresight News, Metaplanet CEO Simon Gerovich stated that Metaplanet has launched a special equity financing plan for Bitcoin, with a total scale of 770.9 billion yen (approximately $5.4 billion), to be achieved through the issuance of 555 million 'mobile exercise warrants'.
Previously, Metaplanet's '210 Million' plan raised 93.3 billion yen (approximately $650 million) in 60 trading days, with a Bitcoin yield of 189%. The new target is to hold 100,000 Bitcoins by the end of 2026 and 210,000 Bitcoins by the end of 2027, accounting for 1% of the total Bitcoin supply.
According to PANews, the assets held by institutions in Bitcoin ETFs decreased by 23% in the first quarter of 2025, from $27.4 billion to $21.2 billion, mainly due to an 11% drop in Bitcoin prices. Financial advisors increased their holdings in Bitcoin ETFs against the trend, while most asset management institutions reduced their positions. Companies continue to incorporate Bitcoin into their balance sheets, with publicly listed companies holding 1.98 million BTC, an 18.6% increase from the beginning of the year. Strategy companies increased their holdings in 17 out of 20 weeks ending in June, purchasing 15,355 BTC on April 28.
Analysts believe that rising U.S. Treasury yields may weaken the appeal of traditional safe-haven assets, providing support for Bitcoin's long-term trend.
According to BlockBeats, on June 6th, Greeks.Live analyst Adam stated that 31,000 BTC options are expiring, with a Put Call Ratio of 0.71, a maximum pain point of $105,000, and a nominal value of $3.18 billion. 241,000 ETH options are expiring, with a Put Call Ratio of 0.63, a maximum pain point of $2,575, and a nominal value of $590 million.
For most of this week, the market was volatile due to the publicization of conflicts between Trump and Musk, with Tesla's significant decline leading to a noticeable pullback in U.S. stocks and the crypto market. The delivery volume was about 10% of total positions, rebounding this week after weeks of decline. Market activity has increased, but crypto institutions have low expectations for Bitcoin's recent rapid rise, with more expecting a moderate long-term increase.
● Glassnode: Long-term Bitcoin holders are slowly selling off
According to Odaily Planet Daily, Glassnode analysis indicates that due to the lack of strong upward catalysts, long-term Bitcoin holders are slowly selling off. The risk of short-term pullbacks has increased, with on-chain models showing key support levels at $103,700 and $95,600.
