In the past 24 hours, there have been liquidations totaling $968 million across the entire network, with over 225,000 people being liquidated.

On June 7th. Errol Musk, Elon Musk's father, said that the intense online dispute between his son and the U.S. President Trump will "subside in a few days." He believes that this dispute is just a confrontation between "alpha males." (Golden Ten)

On June 7th: Citigroup has adjusted its expectations regarding the Fed rate cut from July to September.

On June 7th: The Assistant to the President of Ukraine mentioned that there is a possibility for Ukrainian President Zelensky and U.S. President Trump to meet during the G7 summit. (FXStreet)

On June 6th, according to Coinglass data, the total liquidation within the past 24 hours reached $950 million. The long liquidations amounted to $807 million, while the short liquidations totaled $143 million.

June 6th: Following Musk's public feud with Trump, a senior Russian lawmaker playfully remarked earlier today that Russia might offer political asylum to Musk. "If he truly [requires asylum], naturally, Russia could offer it," stated Dmitry Novikov, the First Deputy Chairman of the State Duma Committee on International Affairs. Earlier, Kremlin spokesperson Peskov said in a call with reporters that this dispute is an internal affair of the United States, and the Kremlin believes that Trump "will handle this situation by himself." (Golden Finance)

On June 6th, the stock price of Circle broke through $118 and reached a high of $118.72 at one point. It opened with a surge of more than 42%, pushing its total market value to $27.976 billion.