Reserve Bank of India’s short dollar book hits record $107B in May

Rising M2 signals potential inflationary pressures, impacting investment strategies and highlighting growing institutional interest in crypto. The post US M2 money supply hits record $23.1T, surges $248B in May appeared first on Crypto Briefing.

The robust labor market complicates rate cut expectations, impacting investment strategies and maintaining inflationary pressures. The post US job openings hold steady at 7.6 million in May as payrolls blow past expectations appeared first on Crypto Briefing.

Polygon reportedly processed about $80 billion in stablecoin transfer volume in May, overtaking Solana and BNB Chain by that metric.

Polygon reportedly processed about $80 billion in stablecoin transfer volume in May, overtaking Solana and BNB Chain by that metric.

Bitcoin slipped below $59,000 after May PCE inflation came in at 4.1% year-over-year, with market data pointing to liquidations and ETF-flow pressure.

Bitcoin fell to around $59,400 as $691 million fled spot ETFs, the most since May, ahead of Friday's $10.6 billion options expiry.

Fed hike odds near 70–77% and weak SGE withdrawals contrast with strong April imports as gold ETFs see May outflows. The debasement hedge is being repriced.

The unexpected income surge may prompt the Fed to maintain higher rates, impacting inflation control and investment strategies. The post US personal income for May nearly doubles expectations at 0.7% growth appeared first on Crypto Briefing.