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Thursday, June 4, 2026

Asia Market Movers: The Bitcoin puke continues. Back near $62K

Thursday, 04 Jun, 2026

Cryptocurrency

The Bitcoin puke continues. Back near $62K

Imma never gonna sell man .... did, LOL: ICYMI! Strategy sells Bitcoin for first time since 2022, breaking "never sell" pledge Lose the bid!!! Bitcoin has lost its cool Bitcoin Futures Analysis Today:

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Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.7770 – Reuters estimate

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exch

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Commodities

Trump told aides he would end Iran ceasefire if Tehran kills US troops, WSJ cite officials

Trump has privately told aides he would only end the Iran ceasefire if US troops are killed, and acknowledged the blockade could last until Labor Day, the Wall Street Journal reported. Summary: Trump

News

Trump official says US food supply, safety, not in danger from 'fully contained' screwworm

Trump and his officials have undermined their own credibility time and time again on so many issues, so just a heads up here. Rollins says additional USDA personnel deployed to South Texas Urges lives

Commodities

Oil update, price a little lower. New Israel-Lebanon ceasefire hopes.

The news: Here we go again. Israel, Lebanon agree ceasefire framework, but Hezbollah holds the key.

Commodities

Here we go again. Israel, Lebanon agree ceasefire framework, but Hezbollah holds the key.

Israel and Lebanon have agreed a ceasefire framework under US guidance, contingent on full Hezbollah withdrawal from southern Lebanon, with comprehensive talks to resume the week of June 22. Summary:

Commodities

IEA stockpile warning and deeper crude draw add fuel to Wednesday's oil rally

Brent settled up 1.9% at $97.81 and WTI gained 2.4% to $96.02 as Iran struck Kuwait and Bahrain, US-Iran talks stalled, and crude inventories fell twice the expected amount. Earlier: JPMorgan sees Str

Central Banks

ICYMI - Fed dissenter Logan raises alarm on inflation ahead of Warsh's first meeting

Dallas Fed's Logan says monetary policy is not restraining the economy and warns higher rates may be needed later this year to return inflation to the 2% target. Summary: Logan says monetary policy is

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News

US House of Representatives votes against Trump's war. The vote means nothing.

ABC news in the US: The House adopted a resolution to rein in President Donald Trump's Iran war powers for the first time vote of 215-208 the resolution is symbolic in nature

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