The Spent Output Profit Ratio (SOPR) remains above 1.

Investors continue to sell at a profit rather than capitulating and selling at a loss.

This indicates that investors are maintaining resilience despite market fluctuations (green color).

The Global In/Out of the Money (GIOM) metric classifies addresses based on whether they are making a profit (in the money), breaking even (at the money), or losing money (out of the money) on their positions at the current price. Significant buying is observed starting from $60,000.

After Goldman Sachs revised its forecast for the Fed rate cut to September, most bank analysts sided with the sellers, and other Fed forecast tables now believe that the first rate cut will occur in September, with the next most likely date for a rate cut being December.

Analyst: Realized capitalization of short-term holders, broken down by the temporal cohorts of coin holders.

Exceeding 80% will most likely indicate the end of the cycle.

The probability of reaching the target rate of the Federal Reserve on June 10th.

The number of undocumented immigrants by state based on estimates from the Pew Research Center for the year 2021, derived from calculations using data from the U.S. Census Bureau.

The inflow of funds into investment products for digital assets reached $2 billion, resulting in a total inflow of $4.3 billion over the last 5 weeks. ETF trading volumes for the week surged to $12.8 billion, a 55% increase compared to the previous week. It's unusual that fund inflows were observed across almost all providers, while outflows from leading companies slowed down.

Inflation in France under Macron

Households are overall cutting spending while the federal government is increasing debt.

Asset managers increased bearish bets on the U.S. dollar at an inopportune time - Bloomberg

Joe Biden trails Donald Trump in managing the U.S. economy - FT

You've probably heard that "India is expensive." Just how expensive? See below.

It trades at a significant premium compared to other peers, especially in EM and Asia Pac countries. Compared to China, it trades at a 130% premium to the MSCI China index (based on 12-month forward P/E).

Natural gas has surged again and is approaching its highest price in a year.

The volume of Indian stock options has surpassed the volume of S&P 500 options for the first time in history.

Norway's sovereign wealth fund, which owned about 0.98% of $TSLA shares worth $7.72 billion by the end of 2023, is voting against Tesla CEO Elon Musk's $56 billion compensation package.

Bullish bets on Brent crude oil have fallen to their lowest level in a decade.

#Ethereum and #Bitcoin : Calculated Leverage - All Exchanges

Altcoin Season Index 27

Morning News from CrypticNews Hub

1. Founder of ionet: resigned from the position of CEO;

2. Ripple plans to expand its #blockchain platform business in Georgia;

3. Loopring: Some smart wallets were attacked due to a security vulnerability;

4. Cyvers Alerts: Hackers exchanged all stolen Loopring assets for #Ethereum ;

5. A whale opened a large number of long positions on #Bitcoin on HTX at $69,000;

6. A user claimed that assets worth 5 million yuan were stolen from their account in OKX, and OKX responded that an investigation is underway;

7. zkSync will start pre-match events tomorrow;

8. The support rate for Trump’s victory in the Polymarket elections rose to 56%, while Biden’s support rate fell to 34%;

9. Cosine: There are risks in the ComfyUI plugin, and it is recommended to investigate and address them as soon as possible;

10. BeraChain announced the launch of the public testnet bArtio B2;

11. Banks like Citi, DBS, $BTC , and $ETH have strengthened control over wealthy clients following the largest money laundering case in Singapore;

12. CEO of LayerZero: The final list of witch addresses will be announced by the end of June;

13. The value of Trump’s cryptocurrency assets fell to approximately $18 million, which is more than 40% less in less than a week;

14. The reserve fund of Etene increased to $43.3 million;

15. Co-founder of DWF Labs: If the price of Bitcoin remains stable, altcoins may start a bull market in a few months.

Global Bitcoin ETFs as of 7/6/2024