Japan’s Kihara: Specific monetary policy means are up to the BoJ to decide

The primary drivers of this sharp decline include the U.S.-Iran conflict fueling inflation and suppressing rate-cut expectations, MicroStrategy’s first-ever coin sale, and collective sell-offs by spot ETFs and whales. However, mining rigs are currently approaching shutdown levels, while the RSI and sentiment index have entered extreme oversold and panic territory, suggesting the market has hit production costs. The 60,000 level is expected to provide strong support.

TradingKey - The latest conflict between the United States and Iran pushed up oil prices, ending a winning streak in the stock market. The Dow Jones Industrial Average fell 1.21%; the Nasdaq Composite Index fell 0.89%; and the S&P 500 Index fell 0.73%. The three major indexes had previously hit reco

TradingKey - On June 3 (ET), Broadcom (AVGO) shares fell more than 8% in after-hours trading following the release of its fiscal 2026 second-quarter earnings report. As of publication, the stock remained down 5.33% at $453.70. During the period, Broadcom’s revenue rose 48% year-over-year to a record high of $22.187 billion, though it missed the market expectation of $22.27 billion.

Bitcoin's decline has weighed on XRP, but the token holds two trump cards and is poised for a counterattack against short sellers at any time.

TradingKey — On June 2, Eastern Time, the cryptocurrency market suffered its most severe mass liquidation year-to-date. Bitcoin (BTC) breached the $70,000 psychological threshold for the first time since April 2026, plunging through the $69,000, $68,000, $67,000, and $66,000 marks to hit an intraday low of $65,978. This represents a decline of more than 14% from the high of $77,799 reached just two trading days ago.