Bitcoin
Affairs
 
No. 007  ·  2 Jun 2026
 
MARKET SNAPSHOT
BTC / USD
$68,908 		  24H CHANGE
-3.89%
 
ALL-TIME HIGH
$124,749 		  FROM ATH
-44.9%
◎
 NEWS
5 STORIES TODAY
Record bitcoin ETF exodus deepens as institutions pull $3.45 billion in 11 sessions
U.S. spot bitcoin ETFs extended their redemption streak to 11 straight sessions through Monday, with cumulative outflows of about $3.45 billion and another $484 million leaving in the latest session. The selling is unfolding alongside continued capital rotation into AI-linked equities, weakening one of bitcoin’s main institutional demand channels.
ETF  Macro
Trump revises metals tariffs, adding fresh trade and inflation risk to markets
The White House issued a June 1 proclamation adjusting Section 232 tariffs on aluminum, steel and copper-related imports effective June 8, with listed aluminum and steel articles generally at 25%, lower treatment for some partners, and a 10% rate for products meeting high U.S.-content thresholds. For bitcoin markets, that likely adds to the trade-driven inflation and growth uncertainty already shaping rate expectations.
Macro  Rates  Geopolitics
Japan ruling party backs crypto ETFs and yen stablecoins in policy proposal
Japan’s ruling Liberal Democratic Party submitted a proposal urging the government to create a legal framework for cryptocurrency ETFs and to promote yen-based stablecoins. If adopted, Japan would join major markets using ETFs as a regulated access point for crypto exposure while also pushing back against dollar-stablecoin dominance.
ETF  Regulation
Strive adds 2,500 BTC, showing treasury buyers still step into weakness
Strive disclosed it bought 2,500 BTC for about $185.2 million between May 23 and June 1, lifting total holdings to 19,000 BTC. The purchase shows some corporate treasury buyers are still adding on weakness even as broader ETF and treasury demand has cooled.
Macro
MoneyGram launches its own dollar stablecoin, expanding mainstream crypto payments rails
MoneyGram launched MGUSD on Stellar for U.S. users, with plans to extend the product across its global network of more than 60 million customers. The move underscores how major payments firms are building around dollar stablecoins, broadening crypto-dollar adoption beyond trading venues.
Macro
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 COMMENTARY
VOICE FROM THE NETWORK
Crypto Tice
@CryptoTice_
 
HIGH VOLUME MARKED EVERY BITCOIN BOTTOM. This time? Dead silence. 2015: Volume exploded. Then 10x. 2018: Volume exploded. Then 20x. 2022: Volume exploded. Then 8x. 2026: No volume. No capitulation. No bottom. Real bottoms don't form in silence. They form in panic. In volume. In fear. We haven't seen that yet. The real bottom is still ahead. I've seen this movie before. And I know exactly how it ends.
 
 
 
 
 
36 reposts    28 replies    251 likes
 
Bitcoin Magazine
@BitcoinMagazine
 
JUST IN: 🇺🇸 Coinbase Chief Policy Officer says The Clarity Act is "very close to getting done." "I know JPMorgan want to get into it. Every other big bank wants to get into the crypto sector." 👀 https://t.co/O3G3XaLo82
 
 
 
 
 
504 reposts    137 replies    3.7K likes
 
CoinGecko
@coingecko
 
NOW: Bitcoin falls below $70,000. https://t.co/xQVcCwnuxX
 
 
 
 
135 reposts    194 replies    682 likes
 
Crypto Rover
@cryptorover
 
🩸 WARNING: June is statistically the 2ND WORST month in $BTC history. Average return: -0.38%. Median return: -0.49%. Only September is worse. And June 2026 just opened with -3.56% in a single day... https://t.co/Xq09PKoVLI
 
 
 
 
 
51 reposts    85 replies    355 likes
 
CoinDesk
@CoinDesk
 
LATEST: Michael @Saylor's @Strategy makes its first bitcoin:native sale since 2022, selling 32 Bitcoin for $2.5M at $77,135 per bitcoin:native to fund preferred stock distributions. https://t.co/AwP8KyqT9h
 
 
 
 
 
65 reposts    72 replies    339 likes
 
Polymarket
@Polymarket
 
JUST IN: Bitcoin projected to crash below $55,000 this year. 62% chance. https://t.co/YTvlpcPIjX
 
 
 
54 reposts    118 replies    424 likes

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