🌍 Global Economy & Crypto Agenda
🇺🇸 The United States has extended tariff exemptions on some Chinese goods until August 31.
This decision could be significant in terms of trade balances and the global supply chain.
🇭🇰 Hong Kong-based Reitar Logtech announced it will purchase $1.5 billion worth of #Bitcoin for its reserves. A new wave of institutional demand may have begun in Asia.
📊 Strategy announced that it purchased an additional 705 $BTC at an average price of 106.495$ between May 26 and June 1. The total BTC portfolio continues to expand.
📌 According to my own strategy, such institutional purchases highlight long-term value-focused investments. However, the short-term market impact may remain limited. Focusing on the accumulation process rather than price movements may be more efficient.
This is not investment advice.
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