Bitcoin Short-Term Rally Breaks Above $64,000 Before Pullback
June 8. Per HTX exchange market data, Bitcoin saw a sharp short-term surge that broke through the $64,000 level before pulling back. It is currently trading at $63,316, representing a 4.30% gain over the past 24 hours. Turning to recent political news: Trump claimed Netanyahu will have “no choice” but to accept the Iran-related agreement, adding, “It is my call whether an agreement gets reached.”
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Trump: Netanyahu Has 'No Other Choice' but to Accept Iran Deal, Whether Agreement is Reached Will Be Up to Me
US President Donald Trump said on June 8 that Israeli Prime Minister Netanyahu has "no choice" but to accept the agreement reached with Iran.
He emphasized that when it comes to whether to finalize the deal, "it's all up to me— I have the final say on everything. Netanyahu has no authority to decide these matters."
Regarding recent attacks carried out by Iran, Trump said these actions don’t change his willingness to push forward with the agreement. Asked how he would respond if the agreement ultimately falls through, Trump replied that he would consider ordering a strike against Iran.
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Iran's Revolutionary Guard Corps Calls Missile Attack on Israeli Air Base 'Warning Shot'
June 8 – Xinhua News Agency – On the evening of June 7, Iran’s Islamic Revolutionary Guard Corps (IRGC) released a statement announcing its Aerospace Force fired ballistic missiles at Israel’s Ramat David Airbase in northern Israel.
The IRGC said the missile strike was in response to recent Israeli military operations across multiple areas of southern Lebanon and the southern suburbs of Beirut. Ramat David, the group noted, is one of Israel’s key bases for carrying out such regional military actions.
The statement added that Iran had agreed to a ceasefire arrangement on April 8, conditional on a full ceasefire across all conflict fronts. However, Iran charged that the U.S. and Israel failed to uphold their commitments under that deal. The group further accused Israel of continuing military campaigns in Lebanon, while also blaming the U.S. and Israel for targeting Iranian ships and coastal facilities in the Strait of Hormuz, Gulf of Oman, and Indian Ocean—actions Iran said undermined
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U.S. Stock Index Futures Open Lower on Monday, WTI Crude Oil Up 2.8%
June 8: Bitget market data shows U.S. stock index futures opened lower on Monday, with Nasdaq futures dropping 0.6% and S&P 500 futures slipping 0.4%.
WTI crude oil opened 2.8% higher Monday, driven by Iran’s weekend “warning” strike on Israel. Separately, Trump stated “Iran has caused enough trouble,” adding he blocked Israel from retaliating against the strike and urged Iran to return to the negotiating table to reach an agreement.
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Goldman Sachs: No Longer Expects Fed to Cut Rates This Year Due to Strong Labor Market
June 8 – A Goldman Sachs economist said the U.S. Federal Reserve is no longer expected to cut interest rates this year, citing the stronger-than-projected labor market. The Wall Street firm has pushed back its forecasts for the Fed’s final two rate hikes? Wait no, rate cuts: yes, cuts, so: they now anticipate rate cuts in June 2027 and December 2027, compared to its prior call for reductions in December 2026 and March 2027.
Goldman’s Chief U.S. Economist Mericle noted that inflation appears unlikely to become self-sustaining, keeping the prospect of Fed rate hikes slim but on the table. May’s blockbuster jobs report, which beat all estimates, underscored the labor market’s resilience and lifted market bets on additional central bank tightening.
While Goldman still sees a rate hike as a low-probability scenario, it has raised the odds of a modest increase from 10% to 20%. The bank’s baseline forecast still calls for two 25-basis-point rate cuts next year, though the likelihood of that
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Iran Missile Attack on Israel, Trump Says "Iran Has Gone Too Far" and Prevents Israeli Counterstrike
June 8 — Local time on June 7, Iran fired multiple missiles at Israel in retaliation for Israeli military escalations in Lebanon, marking Tehran’s first direct missile attack since the April 8 ceasefire.
This move signals a major escalation in regional tensions and could derail ongoing U.S.-Iran negotiations, with fears the conflict could reignite. Israeli officials confirm all incoming missiles have been intercepted to date. Several Israeli officials have threatened retaliation.
In remarks related to the incident, Trump advised Iran: “You’ve launched your missiles — that’s enough. Now it’s time to return to the negotiation table and strike a deal.” He added he will call Israeli Prime Minister Netanyahu immediately to urge him: “Do not retaliate.” On Israel’s earlier airstrikes targeting southern Beirut’s outskirts, Trump stated, “I’m not happy about this.”
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