🇺🇸 JUST IN: Fed Chair Kevin Warsh says inflation remains well above the Fed’s 2% target, while emphasizing that policymakers are focused on getting monetary policy right.
SPACEX JUST HIT A NEW ALL TIME HIGH 🚀
$SPCX is now trading at $179 per share, pushing SpaceX’s valuation to $2.344 TRILLION.
It is already up +11.27% today alone.
🔥 INSIGHT: Anthony Pompliano argues Bitcoin may be nearing a market bottom, citing historical cycle patterns and on-chain data showing more $BTC holders are now underwater than in profit.
🚨 ALERT: Bitcoin fell to $59,000, just 9% above its realized price of $53,600, but analysts say the bottom is not yet confirmed as demand dropped by 652,000 $BTC and ETF flows continue to weaken.
🚨 THE ENTIRE US STOCK MARKET IS NOW JUST AN AI TRADE.
Almost all of the S&P 500 gains in April and May came from a tiny group of AI and tech stocks.
Alphabet, Nvidia, Apple, Broadcom, Amazon, Microsoft and AMD carried the entire market while most other stocks barely moved.
This is becoming one of the most concentrated rallies in modern market history.
If you invested $10,000 in PayPal 5 years ago, you would have just $1,500 left today.
$PYPL has wiped out roughly $320 billion in market value in 5 years.
MARKETS: $NEAR jumps 15% to $2.75, nearly doubling in a month.
The catalyst: NEAR Intents, the cross-chain system that's processed $19B in volume and generated $32M in fees.