According to BlockBeats citing Bitunix analysts, on June 8, U.S. May non-farm employment data significantly beat expectations, reshaping market pricing away from rate-cut expectations toward potential rate hikes later this year. Simultaneously, escalating Iran-Israel tensions and energy price pressures are fueling inflation concerns, while surging U.S. Treasury yields weigh on both gold and equities as markets reassess global liquidity dynamics.
Cryptocurrencies face renewed pressure as markets increasingly price in persistent high rates and tightening liquidity. Coming catalysts include this week's U.S. CPI data, China's inflation figures, ECB decisions, and SpaceX IPO developments, which could drive shifts in risk sentiment amid heightened market volatility.