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Bitcoin plunges 15% to $66K amid geopolitical tension fears while Nasdaq soars to all-time highs. Analysis of macroeconomic drivers, ETF flows, retail vs. whale behavior, and the hidden correlation between crypto and stocks.
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Overview of Important Market Events on June 2nd
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As stablecoins and RWAs accelerate on-chain, Ethereum's role as a global value settlement layer has only just begun, and the market will eventually reprice ETH.
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The leak of the CLARITY bill draft has triggered a plunge in Circle and Coinbase, directly hitting the core provision of the stablecoin "ban on interest," revealing the deep political and economic game in Washington's strict prevention of stablecoins evolving into on-chain savings accounts and the c...
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