📢 Market Update – June 2, 2025 📢
Another big week in crypto is starting! Here’s your quick market roundup, curated for the BSClaunch community.
📈 Market Recap – May 2025
Bitcoin and Ethereum wrapped up May on a high note, completely defying the old “Sell in May” narrative:
BTC: +11%
ETH: +41%
🌐 Global Headlines
🇺🇸 U.S. affirms countervailing tariffs will remain despite legal hurdles. Trump–Xi may speak on trade soon.
🇸🇻 El Salvador adds 8 $BTC, now holding 6,194 $BTC (~$644M)
🧠 Saylor teases more $BTC buys. MicroStrategy now holds 580,250 $BTC (~$61B)
🦾 CZ suggests DEXs build dark pools to combat MEV and protect users
❗️TON Network suffered a 1-hour outage, now resolved – 2nd major disruption this year
🗓 Upcoming Events
🍀 Monday, June 2
Speech by Fed Chair Jerome Powell
Speech by Dallas Fed President Lorie Logan
Speech by Chicago Fed President Austan Goolsbee
🍀 Tuesday, June 3
Continued remarks from Austan Goolsbee
Speech by Fed Governor Lisa Cook
Opening speech by Lorie Logan at a public event
🍀 Wednesday, June 4
U.S. ADP Employment Report
Forecast: 112,000 | Previous: 62,000
Fed Beige Book release – Summary of regional economic data
🔥 Bank of Canada 🇨🇦 interest rate decision
🍀 Thursday, June 5
U.S. weekly jobless claims
Speech by Fed Governor Adriana Kugler
Speech by Philadelphia Fed President Patrick Harker
🔥 European Central Bank 🇪🇺 interest rate decision
Forecast: 2.15% (previous: 2.4%)
🍀 Friday, June 6
🔥 U.S. Non-Farm Payrolls Report
Forecast: 125,000 | Previous: 177,000
🔥 U.S. Unemployment Rate
Forecast: 4.2% | Previous: 4.2%
Jobs Added: Forecast 130K (previous: 177K)