Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
BTC Faces Stress Test Week of Hot US CPI Iran Israel Conflict and SpaceX Mega IPO
  • BTC0%
  • ETH0%
  • XAUT0%
  • CL0%

CoinEx News: Crypto enters the week of June 8 caught between a tightening scare and a record wave of competing equity supply. Renewed Iran-Israel hostilities are lifting oil and a risk premium, while a far-stronger-than-expected June 5 US payrolls report has markets pricing Fed rate hikes. Consensus sees June CPI on June 10 accelerating toward 4.2% year-over-year — the highest since June 2023 — with PPI on June 11. On June 12, SpaceX is set to list on the Nasdaq under SPCX at $135, with reported subscriptions near $150 billion. BTC and ETH are pressured on two sides: a hot CPI is the clearest trigger for a cross-asset risk-off leg and renewed US spot ETF outflows, while an IPO of this scale tests whether crypto ETF demand can absorb the capital rotation without a volatility reset.

Source: CoinEx

Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change