Market data shows that BTC has fallen below $66,000, currently priced at $65,959.38, with a 24-hour decline of 7.05%. The market is experiencing significant volatility, so please ensure proper risk management.
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BTC Falls Below $66,000
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BTC Breaks $67,000
Market data shows that BTC has surpassed $67,000, currently priced at $67,040.32, with a 24-hour decline of 5.91%. The market is highly volatile, so please ensure proper risk management. -
IRGC Claims Attack on U.S. Fifth Fleet Headquarters
On June 3, it was reported that the Islamic Revolutionary Guard Corps (IRGC) of Iran claimed that the U.S. Fifth Fleet headquarters was attacked by missiles and drones from the IRGC Aerospace Force. (CCTV News) -
US Military Conducts 'Defensive' Strikes on Iran's Qeshm Island as Iran Launches Missiles
On June 3, the US Central Command reported that on June 2, US forces successfully repelled multiple ballistic missiles and drones launched by Iran and conducted 'defensive strikes' on Qeshm Island in response to Iran's attempts to launch attacks across the Middle East. Iran fired several ballistic missiles towards its neighboring countries; however, none of the missiles hit their intended targets. Two Iranian missiles aimed at Kuwait failed to reach the target area, possibly disintegrating during flight, while three missiles aimed at Bahrain were intercepted immediately by US and Bahraini air defense forces. Earlier, US Central Command forces shot down three one-way attack drones launched by Iran, which were heading towards civilian vessels navigating in the region's waters. The US military also conducted defensive strikes on an Iranian military ground control station located on Qeshm Island. No US personnel were injured. US Central Command forces will remain on high alert and are prepared to counter any unwarranted acts of aggression by Iran during the current ceasefire period. -
Walsh Commits to Upholding Federal Reserve Traditions While Seeking Change
On June 3, Federal Reserve Chairman Walsh delivered an inaugural address to over 20,000 employees as he began his four-year term, promising to adhere to the "excellent traditions of the Federal Reserve" while also indicating a comprehensive review of areas for improvement. This memorandum provides an initial insight into Walsh's direction: he aims to advance what he calls a comprehensive reform agenda, believing that the Federal Reserve has strayed from its mission; he is also working to mend relationships with colleagues and staff he has previously criticized. In the memo sent out on Tuesday, Walsh stated: "Our top priority is to formulate the right policies to fulfill our responsibilities and serve the national interest. We will ensure an environment that supports employees in realizing their best talents." "If better alternatives are found, we will not be bound by past practices," Walsh remarked, adding, "In the coming quarters, I look forward to engaging in open and pragmatic discussions about the Federal Reserve's strategies, policies, and operations." Additionally, according to a source familiar with the new chairman's initial personnel appointments, Walsh has appointed two conservative analysts to provide advice during his transition from former chairman and current governor Powell. These appointments are reportedly temporary contract positions aimed at assisting Walsh in planning his initial priorities after taking office. (Sina Finance) -
BTC Falls Below $67,000
Market data shows that BTC has fallen below $67,000, currently priced at $66,980, with a 24-hour decline of 6.31%. The market is highly volatile, so please ensure proper risk management. -
ETH Falls Below $1900
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US Begins Stockpiling Copper as Refined Copper Floods In
On June 2, according to CCTV Finance, as June begins, copper futures in New York and London continue their upward trend. According to Reuters, due to the possibility that the US may decide by the end of June whether to impose import tariffs on refined copper, market tensions have risen, prompting US traders to start stockpiling in advance. Coupled with a resurgence in market arbitrage activities, this has pushed the global copper market into a high-stakes phase. Today (June 2), international copper prices continued to rise. Data shows that as of the market close on June 1, the price of the main copper futures contract on the New York Mercantile Exchange had increased by 10% over the past month, while the three-month copper futures price on the London Metal Exchange rose by 6.5% during the same period. It is understood that the US plans to gradually impose import tariffs on refined copper starting in 2027, with an initial rate of 15%, increasing to 30% in 2028. The market anticipates that ahead of the implementation of these tariffs, traders will concentrate on shipping refined copper to the US to avoid subsequent tariff costs. Bloomberg estimates that by 2045, the demand for copper in the global energy transition process could triple from current levels, with a global supply-demand gap in the copper market expected to emerge as early as this year. -
U.S. Secretary of State: Iran Agreement May Be Reached Today, Tomorrow, or Next Week
On June 2, U.S. Secretary of State Rubio stated that we are negotiating with Iran. Iran may have agreed to discuss some aspects of its nuclear program that it previously refused to mention in negotiations. The Iran agreement may be reached today, tomorrow, or next week.
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