Bitget Daily Digest (June 9) Fed Whisperer: US Economy Faces a “Turbulent Summer”; CPI & PPI to Test Market Sentiment This Week

远山洞见2025/06/09 01:51

By:远山洞见

🔎 Today‘s Preview

1.US May NY Fed 1-Year Inflation Expectations to be released today (previous: 0.60%).

2.SEC’s Crypto Asset and Cyber Unit will host a “DeFi and the American Ethos” roundtable on June 9, agenda and guest list released.

3.dYdX Chain-Ethereum bridge to officially shut down today, following a community vote (~91% in favor). Final on-chain proposal set for June 9, 2025.

4.Movement (MOVE) will unlock ~50 million tokens at 8 PM today, 1.96% of supply ($7.1M in value).

🌐 Macro & Market Highlights

1.Trump Advisor: Public too focused on Trump vs. Musk drama, ignoring two major positives:

GDP growth at 4.7% for the quarter (vs. 1.8% CBO forecast).

Imports halved from the prior month, validating Trump’s tariff strategies.

“The key to 2026 midterms will be the economy,” says Dick Morris.

2.Nick Timiraos (WSJ, Fed Whisperer):

Job data seems solid, but firms are quietly cutting hiring and investment.

Trump's unpredictable tariff policy has CEOs on edge.

FedWatch (CME):

June: 99.9% probability of rate hold.

July: 83.4% hold, 16.5% for a 25bps cut.

3.US Crypto Bill Update:

The CLARITY Act has received an Alternative Amendment (ANS), updating its regulatory framework.

Will be reviewed in Tuesday’s House Financial Services Committee hearing.

4.Russia-Ukraine War Escalates:

Russia advances into Dnipropetrovsk, signaling a potential new territorial phase.

US intel expects a massive retaliatory strike within days targeting symbolic Ukrainian institutions.

5.Michael Saylor Hints at BTC Buy:

Posted BTC Tracker with caption “Orange dots inbound” on June 8 — typically precedes MicroStrategy’s purchase disclosure.

6.Markets Last Week:

S&P 500 hit 3-month high; Tesla rebounded over 3%.

US stock funds still saw outflows due to trade policy fears.

Gold down late-week but finished positive at $3,311.68/oz.

CPI data due Wednesday could challenge rate-cut optimism.

📊 Market Overview

1.BTC trending upward with mixed sentiment.

$LABUBU (meme coin) leads losses; market cap drops below $25M.

$HUMA ranks fourth in trading volume behind $SOL.

24h liquidations: $96.07M (mainly longs).

Bitget Daily Digest (June 9) Fed Whisperer: US Economy Faces a “Turbulent Summer”; CPI & PPI to Test Market Sentiment This Week image 1

2.Bitget BTC/USDT liquidation map:

Drop to $103,675 could trigger $460M in long liquidations.

Rise to $107,675 could liquidate $430M in shorts.

Longs remain at greater risk — leverage caution advised.

Bitget Daily Digest (June 9) Fed Whisperer: US Economy Faces a “Turbulent Summer”; CPI & PPI to Test Market Sentiment This Week image 2

3.24h BTC Spot Flow:

Inflow: $970M | Outflow: $930M | Net: +$40M

Bitget Daily Digest (June 9) Fed Whisperer: US Economy Faces a “Turbulent Summer”; CPI & PPI to Test Market Sentiment This Week image 3

4.Top Contract Net Outflows:

$ETH, $MASK, $LPT, $FIL, $TRX — potential trade setups.

Bitget Daily Digest (June 9) Fed Whisperer: US Economy Faces a “Turbulent Summer”; CPI & PPI to Test Market Sentiment This Week image 4

🧠 Institutional Views

10x Research: BTC's next move could set the tone for the entire summer. Source

Airwallex: Stablecoins still not ready to replace traditional cross-border payments. Source

Glassnode: Two critical BTC thresholds: $114,800 (resistance) and $83,200 (support). Source

🗞️ News Round-Up

1.Nasdaq files to add XRP, SOL, ADA, XLM to crypto index.

2.US Democrats to hold a hearing on the “No Trump in Crypto” Bill next week.

3.Argentine Anti-Corruption Office: Milei’s Libra tweet was personal, not unlawful.

4.Japan passes Payment Services Act revision to regulate crypto intermediaries.

5.US lawmaker proposes HR 3798 to create National BTC Reserve Strategy.

🚀 Project Updates

1.BTC on-chain activity hits lowest level since Oct 2023.

2.Ethereum ACDE #213: Gas limit increase to 60M postponed.

3.dYdX confirms final proposal on bridge termination scheduled.

4.NFT volume rises 1.95% this week to $106.2M — Immutable up over 100%.

5. Dusk launches DuskPay with initial use in Italian betting sector.

6. Sonic Labs to open token claim post-audit.

7. Astria halts Flame EVM project.

8. Farcaster to airdrop NFTs to top 10,000 Pro users next week.

9.ether.fi resolves Discord incident — active monitoring continues.

🔥 X Highlights

1. Web3 Philosopher Arnaud: Believe as the True Narrative Engine

Unlike single-theme tokens like $AI16Z, Believe builds a modular Web3 VC ecosystem.

Tokens like $KLED, $PCULE, $BEU combine AI, PayFi, RWA, and SaaS utility. Read more

2. Bruce J: USDT vs USDC – The Grey vs the Legal Economy

$USDC seeks regulation & legitimacy (exit from Tron), $USDT remains dominant via flexibility.

Predicts $CRCL could hit $100B+ market cap by 2028 halving. Read more

3. BITWU.ETH: Only 2.5% Make >$500 in PumpFun – Yet People Keep FOMOing

PumpFun model is a psychological trap: bots, insiders, and social FOMO crush average retail.

Participation itself becomes the “product.” Read more

4. BroLeon: How Retail Can Actually Win – Stop Gambling, Start Grinding

Real success = low-risk opportunities (Airdrops, Alphas) with consistent action.

“Most people don’t lack info, they lack execution.” Read more

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The article discusses the upcoming Federal Reserve interest rate cut decision and its impact on the market, with a focus on the Fed’s potential relaunch of liquidity injection programs. It also analyzes the Trump administration’s restructuring of the Federal Reserve’s powers and how these changes affect the crypto market, ETF capital flows, and institutional investor behavior. Summary generated by Mars AI. This summary was produced by the Mars AI model, and the accuracy and completeness of the generated content are still being iteratively updated.

MarsBit•2025/12/12 19:21

On the night of the Federal Reserve rate cut, the real game is Trump’s “monetary power grab”

When the Federal Reserve is politically hijacked, is the next bitcoin bull market coming?

The Federal Reserve announced a 25 basis point rate cut and the purchase of $40 billion in Treasury securities, resulting in an unusual market reaction as long-term Treasury yields rose. Investors are concerned about the loss of the Federal Reserve's independence, believing the rate cut is a result of political intervention. This situation has triggered doubts about the credit foundation of the US dollar, and crypto assets such as bitcoin and ethereum are being viewed as tools to hedge against sovereign credit risk. Summary generated by Mars AI. The accuracy and completeness of this summary are still in the process of iterative updates.

MarsBit•2025/12/12 19:21

When the Federal Reserve is politically hijacked, is the next bitcoin bull market coming?

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Still waters run deep, subtly reviving the narrative thread of 402.

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