Overview
- - Bitcoin traded in the $75,000 to $78,000 range as risk appetite returned to stocks, with the S&P 500 and Nasdaq closing at record highs on hopes for steady US–Iran diplomacy.
- - Spot Bitcoin ETFs logged about $2 billion of net inflows over eight days, with US funds buying roughly 24,197 BTC in ten days, a pace about five times global miner output.
- - Coinbase Institutional pointed to sustained spot demand and tighter supply, while separate derivatives data showed a sharp short squeeze with nearly $1.2 billion in bearish crypto positions liquidated.
- - Oil jumped back above $100 after President Trump said the US had “total control” over the Strait of Hormuz, yet prediction markets still price a new crude record this month as very unlikely and report US energy exports at record levels.
- - Traders on Polymarket assign low near-term odds for a Bitcoin record by June 30, modestly higher by September and December, as Iran denied direct talks with the US and ceasefire extensions kept timelines in flux.