Bitcoin
Affairs
 
No. 011  ·  6 Jun 2026
 
MARKET SNAPSHOT
BTC / USD
$60,712 		  24H CHANGE
-0.04%
 
ALL-TIME HIGH
$124,749 		  FROM ATH
-51.3%
◎
 NEWS
6 STORIES TODAY
US strikes Iranian coastal radar sites after drone threat near Hormuz chokepoint
U.S. forces said they struck Iranian coastal radar sites after shooting down drones launched toward the Strait of Hormuz. The flare-up raises immediate tail risk for oil, shipping, inflation expectations and broad risk sentiment, all of which matter for Bitcoin’s macro backdrop.
Geopolitics  Macro
US spot bitcoin ETFs swing back to heavy outflows after one-day pause
U.S. spot bitcoin ETFs recorded a net $325.7 million outflow for June 5, reversing the small inflow that had just ended a 13-session redemption streak. BlackRock’s IBIT led the bleed at $213.7 million, a sign that institutional demand remains too weak to stabilize Bitcoin on its own.
ETF
Dangerously low oil inventories leave markets exposed to another inflation shock
Reuters reported that global oil inventories are running unusually low, leaving markets vulnerable to another sharp move higher if Middle East disruptions persist. A renewed oil spike would likely feed back into bond yields, inflation fears and risk-asset volatility, including crypto.
Macro  Geopolitics
ECB braces for rate hike as war-driven energy inflation grips euro zone
Markets now expect the ECB to raise rates next week, which would make it the first major central bank to tighten since the Iran war reignited an energy shock in Europe. That keeps global liquidity conditions restrictive and reinforces the higher-for-longer rates environment that has weighed on Bitcoin.
Rates  Macro
Bitcoin heads for decade-worst start as AI boom pulls capital elsewhere
Reuters said Bitcoin is on track for its worst performance at this point in the year since at least 2015, with booming AI equities and marquee IPO anticipation drawing capital away. The piece helps explain why Bitcoin has struggled even before accounting for ETF redemptions and broader macro pressure.
Macro
Bitzero wins Nasdaq listing as bitcoin-mining and AI hybrid pipeline expands
Bitzero said Nasdaq approved its shares for listing under ticker AIBZ, with trading expected to begin on June 9. The move gives another mining-and-AI infrastructure operator access to U.S. capital markets and reinforces the sector’s continuing pivot away from pure Bitcoin mining narratives.
Mining
≡
 COMMENTARY
VOICE FROM THE NETWORK
Barchart
@Barchart
 
BREAKING 🚨: Bitcoin bitcoin:native falls below $60,000 📉 Timberrrrrrrrrrrrrrrrrrrr
 
 
 
 
100 reposts    56 replies    855 likes
 
Bitcoin Magazine
@BitcoinMagazine
 
JUST IN: $199 billion VanEck's Matthew Siegel on Bitcoin: "We think this will become a mainstream asset that will compete with other reserve settlement currencies" 🚀 https://t.co/csC2v8tGB4
 
 
 
 
 
217 reposts    86 replies    1.5K likes
 
Joe Consorti
@JoeConsorti
 
Bitcoin isn't crashing below $60k because Saylor sold 32 BTC. It's crashing because $19 trillion of new AI market cap got created in 12 months... 13x the size of Bitcoin. The most liquid risk asset on earth is being drained to fund the biggest IPO cycle since 2000. https://t.co/JFPEB2drnz
 
 
 
 
 
239 reposts    182 replies    2.6K likes
 
Cointelegraph
@Cointelegraph
 
🇺🇸 UPDATE: Congressman Nick Begich's Strategic Bitcoin Reserve bill has officially been published online. https://t.co/rFXxymlGkw
 
 
 
 
 
230 reposts    57 replies    1.3K likes
 
Watcher.Guru
@WatcherGuru
 
JUST IN: 🇺🇸 $1.75 trillion wiped out from the US stock market today. $130,000,000,000 wiped out from the crypto market cap. https://t.co/Mm58aMlAnv
 
 
 
 
 
1.5K reposts    872 replies    9.0K likes
 
Steak 'n Shake
@SteaknShake
 
News Alert: Steak n Shake's domestic same-store sales increased by over 12% in May, outpacing ALL other fast-food chains! Thank you, Bitcoiners! Thank you, MAHA! We will keep reinvesting in food quality to make Steak n Shake the great differentiator in the fast-food industry! Where else can you get 100% grass-fed, grass-finished Steakburgers with 100% beef tallow fries and a Patriot shake—paid with Bitcoin?! Thank you for boosting our SBR🧡
 
 
 
931 reposts    326 replies    10.6K likes

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