BlockBeats News: On June 8th, according to crypto journalist Eleanor Terrett, the House Financial Services Committee led by Maxine Waters will hold a Minority Day hearing at 9:00 AM Eastern Time to further examine what they call President Trump's "crypto crimes" and assess the broader risks posed by the CLARITY Act.
The key topics include the "Preventing Trump's Participation in Cryptocurrency Act" (HR 3573) and regulatory issues surrounding the "CLARITY Act" (HR 3633).
According to BlockBeats, on June 8th, CryptoQuant analyst Oro stated that Bitcoin's "realized market value" continues to set records, reaching a new historical high of $934.88 billion as of today, undoubtedly strengthening the market's long-term confidence.
The key indicator "Realized Cap" operates on the logic that when BTC is transferred to a wallet, it is considered a "buy" and when it is transferred out, it is considered a "sell". By calculating the average cost base of each wallet multiplied by the position, the "Realized Cap" of the entire network can be obtained. This indicator reflects the total capital entering the Bitcoin market through real on chain activities.
According to BlockBeats, on June 8th, according to data from CME's "Federal Reserve Watch", with 10 days left until the next FOMC meeting, the probability of a 25 basis point rate cut in June is 2.6%, and the probability of keeping interest rates unchanged is 97.4%.
The probability of the Federal Reserve keeping interest rates unchanged until July is 83.3%, the probability of a cumulative 25 basis point rate cut is 16.3%, and the probability of a cumulative 50 basis point rate cut is 0.4%.
BlockBeats news, on June 8th, according to Alternative data, the cryptocurrency panic and greed index was 62 today and 52 yesterday, with market sentiment rising from "neutral" to "greedy".
Note: The threshold for the panic index is 0-100, including indicators such as volatility (25%)+market trading volume (25%)+social media popularity (15%)+market research (15%)+Bitcoin's proportion in the entire market (10%)+Google keyword analysis (10%).
