About this Market

Bitcoin has consolidated near $68,000–$70,500 this week on mixed ETF flows and fading post-halving momentum. Softer U.S. PCE data and renewed rate-cut odds lifted risk assets, while Mt. Gox repayment fears and German government selling capped upside. Political tailwinds from pro-crypto comments by Trump allies added support, keeping the market biased toward a modest rebound into the June 1 noon print.