● U.S. non-farm payrolls in May, seasonally adjusted, recorded 139,000, expected 130,000
According to BlockBeats, the U.S. non-farm payrolls in May, seasonally adjusted, 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, while the federal government continued to cut jobs.
● Federal Reserve Harker: The Federal Reserve may still cut interest rates later this year
According to Odaily Planet Daily, Federal Reserve Harker stated that the U.S. financial system faces challenges, the deficit must be controlled, and there are serious concerns about the current government financial situation. Harker pointed out that the decline in the quality of key data makes it difficult to predict the monetary policy outlook. The Federal Reserve may still cut interest rates later this year.
● Trump: The results of the new Federal Reserve chair appointment will be announced soon
According to Deep Tide TechFlow, on June 7, U.S. President Trump revealed in an interview that the results of the Federal Reserve chair appointment would be announced soon and stated that a good chair would lower interest rates. He also mentioned considering cutting government contracts held by Musk.
● The U.S. and China will hold talks on a trade agreement in London on June 9
According to Wu's report, Donald Trump stated that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer would hold talks with Chinese representatives on a 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), which will be realized through the issuance of 555 million 'mobile subscription warrants'.
Previously, Metaplanet's '210 Million' plan raised 93.3 billion yen (approximately $650 million) within 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, institutional Bitcoin ETF assets 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, while most asset management institutions reduced their positions. Companies continue to add Bitcoin to their balance sheets, with publicly traded companies holding 1.98 million BTC, an increase of 18.6% 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 6, Greeks.Live analyst Adam stated that 31,000 BTC options expired, 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 expired, with a Put Call Ratio of 0.63, a maximum pain point of $2,575, and a nominal value of $590 million.
Most of this week, the market fluctuated as the conflicts between Trump and Musk became public, with Tesla's sharp decline causing significant pullbacks 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 increased, but crypto institutions had low expectations for Bitcoin's recent rapid increase, with more expectations of moderate long-term growth.
● Glassnode: Long-term Bitcoin holders are slowly selling
According to Odaily Planet Daily, Glassnode's analysis pointed out that due to a lack of strong upward catalysts, long-term Bitcoin holders are slowly selling. The risk of a short-term correction is increasing, and on-chain models show key support levels at $103,700 and $95,600.
