$BTC

Middle East conflicts (e.g. Iran–Israel tensions) triggered earlier sell-offs, though BTC rebounded after calm resumed.

Cooling US inflation (May CPI +0.1%) supports risk assets like BTC; short-term bullish target in sight: ~$120K.

US Senate has advanced the GENIUS Act and CLARITY bill, setting groundwork for stablecoin/crypto regulation.

Trump-backed Trump Media & Technology Group filed for a BTCETH ETF, hinting at further mainstream crypto integration.

globally, UK’s FCA is considering lifting its ban on retail crypto ETNs.