🇺🇸 U.S. Institutional Momentum
Fidelity’s Bitcoin ETF saw a $136.8 million inflow on June 4, signaling strong institutional interest. This correlates with modest gains in the S&P 500 (0.3%) and Nasdaq Composite (0.4%), suggesting a risk-on sentiment across markets.
🇵🇰 Pakistan’s Crypto Push
The Pakistan Crypto Council (PCC), established in March 2025, is leading efforts to integrate blockchain technology into the country's financial landscape. With approximately 40 million crypto users and an estimated annual trading volume exceeding $300 billion, Pakistan is positioning itself as a significant player in the crypto economy.
🇰🇷 South Korea’s Election Impact
South Korea's presidential election on June 4 is anticipated to be a pivotal moment for the crypto industry, potentially leading to more favorable regulations and increased adoption.
⚠️ Altcoin Volatility Ahead
June 2025 is expected to witness $2.7 billion in altcoin token unlocks, with $369 million occurring in the first week. These events could introduce significant volatility in the altcoin market.
🔮 XRP Outlook
Analysts suggest that June 4–6 could mark a bottom for XRP, presenting a potential buying opportunity.
Technical forecasts indicate a possible bearish correction, with support around $2.2765 and a potential decline towards $1.7265 if resistance isn't breached.
📈 Bitcoin Price Dynamics
Bitcoin recently dipped below $105,000, trading around $104,988.
Technical analysis shows BTC is facing resistance in the $106,000–$106,500 range, with immediate support at $104,200.
