The Coin Bureau Weekly Market Recap (June 7th – June 13th, 2026) ⚡️ 🔴 This week was a volatile one. The Dow swung 900 points in a single session as Trump threatened to resume strikes on Iran and then called them off 48 hours later. We also saw the CPI hit 4.2% and the largest IPO in history debut on Friday. 🔴 At the same time, if you only looked at the closing numbers, you'd think nothing happened. The S&P 500 finished Friday at 7,431.46, the Dow at 51,202.26, and the Nasdaq at 25,888.84 — all up roughly 0.6–0.7% on the week. The fact that markets ended roughly where they started is either a sign of remarkable resilience or a market that has no idea where to go next 🔴 On the geopolitical front, Trump teased the resumption of kinetic strikes on Tuesday after Iran reportedly targeted a U.S. helicopter. On Wednesday, the Dow dipped 900 points as the Pentagon signalled more strikes were being planned. Then on Thursday afternoon, oil fell about 4% in 15 minutes after Trump called off the attacks, saying a deal was close and that "the time and place of the signing" would be announced shortly. Markets rallied into the close. By Friday, Iranian state media reported a draft 14-point memorandum of understanding that includes a U.S. commitment to lift oil sanctions and an Iranian commitment to reopen the Strait of Hormuz. As of the time of writing, the peace deal is expected to be signed on Sunday (tomorrow). Though, Trump has also claimed to hold a “final alternative” if it fails. 🔴 On that note, oil has had its best week in months or worst, depending on your perspective. WTI closed Friday at $84.88, down 3.2% on the day. Brent settled at $87.33, down 3.1%. Both are now at their lowest levels since early April. The peace narrative is pulling crude down sharply. If the MOU gets signed and the Strait genuinely reopens, oil has significantly further to fall. If it doesn't, we've seen how quickly these reversals snap back. 🔴 As for economic data, this week’s CPI report confirmed what everyone feared: headline inflation has broken above 4%. The May reading came in at 4.2% year-over-year. This is the highest since April 2023; with a 0.5% monthly gain driven by a 3.9% surge in energy prices. All signs point to a rate hike. The markets will be watching Warsh’s guidance next week in his first FOMC meeting. There's also some speculation that Warsh may scrap the dot plot entirely at this meeting. This would be a symbolic break from the Powell era, removing one of the market's most-watched forward guidance tools. 🔴 Finally, SpaceX went public on Friday. The shares were priced at $135, opened at $150, touched an intraday high of $176.52, and closed at $161.11. The company raised $75 billion, making it the largest IPO in history. At $161, SpaceX enters the $2 trillion market cap club on day one, joining Nvidia, Alphabet, Apple, Microsoft, and Amazon as the sixth U.S. company above that threshold. MSCI said it will add SPCX to its Large-Cap and Standard indexes, effective June 29. 🔴 As for crypto, BTC continues to bleed. Bitcoin currently trades at ~$64K. This is up from the $62K lows earlier in the week but still well below the $73,500 it held at the end of May. ETH has dropped to $1,675. The broader crypto complex is caught between the structural tailwind of the CLARITY Act and the macro headwind of 4.2% inflation, $85 oil, and a hawkish new Fed chair. 🔴 Looking ahead, the market will be watching Warsh's first FOMC meeting alongside the outcome of the Iran peace deal. This FOMC meeting will define the monetary policy outlook for the rest of the year. If he signals openness to a hike should inflation persist, long-duration assets take another leg down. If he adopts a "wait and see" posture, markets breathe and the peace rally extends. Stay tuned lads.

While everyone is exuberant on the SpaceX IPO 🚀 THE BIGGEST IPOs OF THE LAST 15 YEARS HAVE ONE THING IN COMMON: THEY CRUSHED THE PEOPLE WHO BOUGHT THE HYPE. 🇺🇸 Robinhood-90%. Rivian -88%. Lyft -79%. Coinbase -57%. Facebook -54%. Median max drawdown: -54% in year one. Big brands. Big narratives. Big backing. Still brutal entries.

Today in crypto: ✅ 🇺🇸 US Senator Angela Alsobrooks: "we have resolved the yield issue", holding back the Bitcoin & crypto market structure legislation from passing ✅ 🇺🇸 JPMorgan reports that Michael Saylor's Strategy might buy $30 BILLION worth of bitcoin this year ✅ 🇺🇸 Morgan Stanley's E*Trade published a report showing "Bitcoin has risen much faster than other assets over the past 10 years" ✅ 🇺🇸 Wall Street firms are now hiring for dozens of Bitcoin and crypto jobs ✅ 🇺🇸 $14 trillion BlackRock publishes report stating that adding bitcoin to your portfolio produces "compelling" results.

🗞️ Here's our top 10 from crypto today: 🔸 President Trump dismisses the need for restrictions on US oil and jet fuel exports despite global shortages stemming from the war with Iran. 🔹 The IMF warns that new AI models are amplifying cyberattacks on financial systems, raising risks of funding strains, solvency concerns, and broader market disruptions. 🔸 The Senate Banking Committee is set to notice a markup for the Clarity Act as early as tomorrow, with a potential Thursday vote, Eleanor Terrett reports. 🔹 Coinbase posts nearly $400M in losses as Q1 revenue drops 31% to $1.41B amid a prolonged crypto bear market, per Bloomberg. 🔸 Wall Street firms are posting dozens of crypto jobs. 🔹 AWS just launched AI agent payments with Coinbase and Stripe, allowing agents to autonomously buy data, APIs, content, and services using stablecoins. 🔸 Japan is moving government bonds on-chain with 24/7 trading and stablecoin settlement coming as early as this year. 🔹 DOJ and CFTC are probing “suspiciously timed” oil trades placed ahead of Trump and Iran war announcements. 🔸 Kraken acquires Asia-based stablecoin infrastructure company Reap in a $600M deal. 🔹 OKX to launch pre-IPO perpetual futures tied to OpenAI, SpaceX, and Anthropic valuations.

How I trade the markets now

Today in Crypto: ✅ 🇺🇸 Congressman Thomas Massie: Bitcoin "is closer to real money than Federal Reserve notes."️ ✅ VanEck's Matthew Sigel predicts $1,000,000 Bitcoin "over the next several years".️ ✅ LinkedIn cofounder Reid Hoffman said he bought his first bitcoin in 2014 and hasn't sold since️ ✅ 🇨🇴 Colombian President Gustavo Petro: Bitcoin mining is "an immense boost to the development of the Caribbean." ✅ 🇺🇸 Morgan Stanley is launching Bitcoin trading on E*Trade to its 8.6 million clients. ✅ 🇺🇸 Senator Bernie Moreno says they're going to mark up the Bitcoin and crypto market structure legislation "next week."

What happens if clarity act passes ? Basic summary: Yes → CLARITY Act is one of the most bullish catalysts this cycle No → it does not guarantee $60K is the bottom Yes → it increases probability that bottom is already in BTC upside → $120K–$180K base, $200K in mania Alts → massive outperformers (3–10x depending on quality) How do we trade it ? Check out my subscriptions to get a step by step guide

🚨 Here we go. WSJ reporting Gamestop $GME has built a ~ 5% stake in eBay and is offering $125 a share in cash and stock. (20% premium to Friday close price). That’s a $56 Billion takeover bid @ryancohen thinks Ebay can become a much larger competitor to Amazon.

🧠 YOUR WEEKLY CRYPTO CHECKLIST ⏰ When to run it: Once a week (Sunday evening) 📊 1. MARKET STRUCTURE (Top Priority) Track: Bitcoin Price Ask: Is BTC making higher highs / higher lows? → Bullish Is BTC ranging? → Accumulation Is BTC breaking down? → Risk Key Levels to Watch: $60K → must hold for bullish structure $55K → warning zone $50K → strong buy zone 🧠 Decision: Above $60K → continue accumulation Below $55K → prepare to deploy cash Panic drop → go aggressive 📉 2. BTC DOMINANCE (THE MOST IMPORTANT SIGNAL) Track: BTC Dominance (BTC.D) Interpretation: Rising BTC.D → Stay BTC-heavy Flat BTC.D → Neutral Falling BTC.D → Altseason coming Key Levels: >60% → BTC phase 55–60% → transition <55% → altseason starting <50% → full altseason 🧠 Decision: Above 60% → don’t overbuy alts Below 55% → rotate into alts Below 50% → start planning exits ⚖️ 3. ETH/BTC (EARLY ALT SIGNAL) Track: Ethereum / BTC pair Interpretation: Falling → BTC stronger → wait Bottoming → early rotation Rising → altseason starting 🧠 Decision: If ETH/BTC turns up → increase alt exposure If still falling → be patient 🌊 4. LIQUIDITY (HIDDEN DRIVER) Track: Global M2 trend US Fed stance (loosening vs tightening) Interpretation: Liquidity increasing → bullish Liquidity tightening → risk 🧠 Decision: Rising liquidity → hold / add risk Tightening → reduce aggression 🔥 5. ALT STRENGTH CHECK Track your core coins: Solana Sui Render Ask: Are they outperforming BTC? Are they holding support? Are dips getting bought quickly? 🧠 Decision: Strong relative strength → add Weak vs BTC → wait 💥 6. SENTIMENT CHECK (THIS TIMES TOPS/BOTTOMS) Track: Fear & Greed Index Twitter / retail chatter Google trends Interpretation: Extreme fear → buy Neutral → accumulate Extreme greed → prepare exit 🧠 Decision: Fear → deploy capital Euphoria → trim 🚨 7. FINAL TRIGGER SIGNALS (ACTION CHECK) 🟢 BUY SIGNALS (Go aggressive) BTC near $50K–$55K Fear high Alts down 20–30% Liquidity stable 👉 ACTION: Deploy cash heavily 🔵 ADD SIGNALS BTC stable above $60K ETH/BTC turning up BTC.D starting to fall 👉 ACTION: Increase alt exposure 🔴 SELL SIGNALS (VERY IMPORTANT) BTC dominance <50% Alts going parabolic Retail mania everywhere You feel “this will never go down” 👉 ACTION: Sell 50–80% 🧠 SIMPLE WEEKLY SCORECARD At the end of your check, rate: BTC structure → Bullish / Neutral / Bearish BTC.D → Rising / Falling ETH/BTC → Up / Down Sentiment → Fear / Neutral / Greed 🚀 FINAL TAKEAWAY This checklist does 3 things: Stops you from buying tops Forces you to buy fear Helps you exit before the crash My blunt advice: Run this every week and don’t override it emotionally. That alone puts you ahead of 90% of investors.

📈 MORGAN STANLEY’S BITCOIN ETF IS ON A PERFECT INFLOW STREAK Morgan Stanley's spot Bitcoin ETF, $MSBT, has now seen $184 MILLION in total inflows. Since its launch, the ETF has not had a single day of outflows. Demand for $BTC exposure is surging.

🗞️ Here's our top 10 in crypto today: 🔸 Senator Thom Tillis warns he will vote against the Senate crypto bill unless it includes ethics language restricting officials' use of digital assets. 🔹 White House crypto advisor Patrick Witt says a “big announcement” on Trump’s Bitcoin reserve is coming within weeks. 🔸 The US stock market has added nearly $8 trillion in market cap over the past month. 🔹 U.S. Attorney General Todd Blanche said developers under investigation, including in cases like Tornado Cash and Samourai Wallet, should have lawyers who feel “very comfortable” communicating with the FBI. 🔸 Mike Selig adds that the prior administration “weaponized” the SEC against the crypto industry. 🔹 Kash Patel said the community sees Donald Trump as having embraced crypto more than any previous president. 🔸 Cynthia Lummis said “we are going to mark up the Clarity Act in May” and push it “to the finish line”. 🔹 Arthur Hayes said he is long Bitcoin, adding “we’ve had a bit of chop… now it’s time to break out,” with a $125,000 year-end target. 🔸 Microsoft’s license to OpenAI technology is now non-exclusive. 🔹 Bitmine added 101,627 $ETH last week, bringing its total holdings to 4.98M ETH, or about 4.12% of the total supply.