Happy Thursday, here are the main news from June 10 👇
🔸$BTC
Bitcoin rises to USD 81,700, soaring more than 7% after Donald Trump suspended the implementation of additional tariffs for 90 days on all countries except China.
🔺 Bitcoin demonstrated its strength during the tariff crisis. Despite the setbacks its price suffered in recent weeks, it outperformed traditional indices like the S&P500.
🔻 Capital outflows from ETFs show that institutions still do not understand Bitcoin. ETF investors are selling on negative news and buying on positive news, while whales continue to accumulate BTC.
🔹 Paul Atkins is confirmed by the U.S. Senate as the new chairman of the Securities and Exchange Commission. Atkins stated that establishing a regulatory framework for cryptocurrencies will be a top priority.
🔹Pakistan will use its energy surplus for Bitcoin mining and Artificial Intelligence data centers, according to Bilal Bin Saqib, executive director of the country's Cryptocurrency Council.