$BTC 🌍 Macro & Global Markets

1. CPI & Fed in Focus This Week

Markets are in a holding pattern ahead of U.S. May CPI (June 12) and the FOMC policy decision (June 19). Inflation softening could ignite risk-on momentum, especially for digital assets.

2. Treasury Yield Curve Steepens Slightly

The U.S. 10Y yield rose to 4.27%, reflecting higher long-term rate expectations. However, short-end yields remain anchored, signaling market confidence in near-term Fed cuts.

3. Asia Crypto Hub Momentum

Following South Korea’s election of a pro-crypto president, Japan’s Financial Services Agency (FSA) is reportedly reviewing fast-track ETF applications — a potential catalyst for regional flows.

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🏦 Institutional & ETF Highlights

1. Bitcoin ETF Inflows Moderate but Positive

• BlackRock IBIT: +$31M

• Fidelity FBTC: +$22M

• VanEck HODL: +$8M

Net inflows for June 9 totaled $61M, marking the 4th consecutive positive day. Institutions are positioning cautiously ahead of macro data.

2. MetaPlanet Adds 188 $BTC

Japan-based MetaPlanet purchased an additional 188 BTC (≈$20M), raising its total holdings to 9,076 BTC. The company says it views Bitcoin as a “core treasury reserve asset.”

3. Strategy Inc. Begins Deployment of $300M Raise

After closing its convertible notes round, Strategy (formerly MicroStrategy) is actively deploying capital. BTC on-chain activity suggests several large UTXOs linked to institutional wallets.

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🪙 Crypto Market Overview

1. Bitcoin (BTC)

• Price: $106,960

• 24H Change: +0.4%

• Trend: Range-bound, awaiting CPI catalyst

Volatility is at a 30-day low. Option traders are buying straddles ahead of CPI — suggesting a major move is expected later this week.

2. Ethereum $ETH

• Price: $5,635

• Sentiment: Gradually strengthening

Layer-2 fees declined across Arbitrum and Optimism, boosting user activity. Developers confirm EIP-7702 testnet implementation progressing well.

3. Solana

• Price: $186.70

• Momentum: Strong