🌱 Why the market is green today
1. US–Vietnam trade deal & tariff cuts
A recent trade agreement between the US and Vietnam, featuring tariff reductions, boosted risk appetite across global markets. This positive spillover also lifted crypto sentiment .
2. Macro liquidity surge (M2 money supply)
US M2 money supply grew by ~4.5% in May (hitting a record ~$BTC 21.94 T), injecting more liquidity and benefitting "scarce assets" like Bitcoin .
3. Massive ETF inflows
Bitcoin spot ETFs attracted around $BTC 408 million yesterday, with top inflows from Fidelity, Ark, and Bitwise—showing strong institutional demand .
4. Short squeezes
Roughly $BTC 249 million in short positions across Bitcoin were liquidated recently, pushing prices higher through forced buying (while long liquidations were minimal) .
5. Political tailwinds & policy optimism
Analysts attribute today’s strength to anticipation of Trump-era policies: a large budget bill, looming tariff deadlines (e.g., July 9), and updates on the US Strategic Bitcoin Reserve initiative—collectively reinforcing crypto optimism .
---
🔭 Market outlook: what's ahead?
Volatility expected in July: Options markets show "indifference," but broader themes like inflation, policy, and geopolitics could swing prices .
Tariff deadline looming: Trump’s hardline stance set for July 9 might stir volatility—keep an eye on markets .
Institutional accumulation continues: As ETF inflows and corporate treasury buys (e.g., MicroStrategy) persist, Bitcoin’s supply gets tighter .
#NODEBinanceTGE #REX-OSPREYSolanaETF #TrumpVsMusk #StrategyBTCPurchase