Alright, folks, buckle up. We’ve got a “big week” coming — and by big, I mean enough reports and speeches to make your head spin. Labor markets are throwing a fit with four reports, plus a fed big shot’s speech — because why not? Meanwhile, U.S. and China are playing the world’s most boring tug-of-war. Beijing’s basically saying, “If you keep messing around, we’ll go full Godzilla on you.” And Bessent, the Treasury guy, is over here saying China’s holding back some stuff they said they’d send. Great, just what we needed, more drama.
Crypto markets? Losing a $130 billion overnight — because that’s what they do — and they say volatility’s just a fancy word for “your money disappearing.” Bitcoin’s trying to get back above $105,800, but apparently resistance is the new black, so it’s just hanging there like a bad date. Ethereum’s also stuck trying to stay above $2,500, but it’s easier to get into a secret society than to get a clear trend from these coins lately. The altcoins? Some are up, some are down — basically a confused teenager with a “what do I do now” face. 🤷♂️
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2025-06-02 09:02