Tonight's CPI Could Hit 3-Year High, Bitcoin May Revisit $60K "Support Level"
June 10 — Multiple leading economic institutions have stated that tonight’s U.S. Consumer Price Index (CPI) data will directly shape the Federal Reserve’s (Fed) interest rate hike trajectory. Market analysts broadly project overall inflation will rise 0.5% month-over-month, a slight dip from April’s 0.6% jump. The annual CPI, meanwhile, is forecast to climb from 3.8% to 4.2% — marking a nearly three-year high.
Some market analysts note that if the just-released CPI comes in above 4.0%, Bitcoin has a significant chance of dropping below $60,000. That said, every pullback moves the market closer to its eventual bottom. A break below $60,000 won’t necessarily signal an immediate bottom; instead, it’s more of a gradual bottoming phase.
On the flip side, the Ahr999 Index is currently sitting at 0.3039. If Bitcoin falls below $60,000, the index’s “Iron Bottom” signal (triggered when the index hits the 0.3 threshold) will definitely activate.
2 minutes ago
TSMC CFO: Not Ruling Out Chip Price Increase, But Will Not Spike Suddenly by Four or Five Times
June 10 — TSMC Chief Financial Officer Wendell Huang stated in a recent interview that inflation is driving up the company’s operating costs, and he did not rule out the possibility of raising chip prices. Huang also clarified that TSMC will not implement sudden price increases of “four or five times.”
In an announcement made today, TSMC revealed that its May revenue amounted to NT$416.98 billion, with a 30.1% year-over-year gain and a 1.5% month-over-month rise. The company’s sales for the first five months of this year reached NT$1.96 trillion, marking a 30% year-over-year growth.
2 minutes ago
HYPE Price Dips Below $55, With Over 10% Drop in 24 Hours
On June 10th, likely hit by the downturn in the U.S. stock market, HYPE fell to above $55. Data from HTX shows HYPE is currently trading at $55.61, representing a 10.41% drop over the past 24 hours.
2 minutes ago
James Wynn was liquidated 4 times this morning, and later re-entered a 40x short position on BTC
June 10 – Per monitoring from HyperInsight (t.me/HyperInsight), the crypto address linked to James Wynn (0x507…) experienced 4 Bitcoin (BTC) short liquidations on the Hyperliquid exchange today, totaling approximately $210,000.
Following the liquidations, Wynn deployed his remaining funds to re-short BTC with 40x leverage. The new short position is valued at around $85,000, with a liquidation price set at $62,315.
This address is regularly used by Wynn to open small "Ant Positions" on Hyperliquid, and his trading actions often align with remarks he posts on X (formerly Twitter).
Full address: 0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6
2 minutes ago
zerohedge: Yesterday's 3x Inverse Semiconductor ETF Volume Hits Third Highest on Record
June 10. U.S. financial blog ZeroHedge reports that the 3x Inverse Semiconductor ETF (SOXS) traded over 1.3 billion shares on June 9, 2026 — marking the third-highest single-day trading volume for a U.S.-listed ETF in the past 20 years.
Analysts note this points to a market shift where options and leveraged ETFs now dominate trading, while traditional stock volumes remain relatively muted. The notional trading volume of leveraged and inverse ETFs has surged in recent years to nearly $90 billion. This trend reflects investors’ growing preference for highly leveraged derivative products, which could exacerbate short-term volatility in sectors like semiconductors and alter the broader price discovery mechanism.
2 minutes ago
TSMC's May Revenue Increases by 30.1% Year-on-Year
On June 10, Taiwan Semiconductor Manufacturing Co. (TSMC) reported May revenue of 416.98 billion New Taiwan dollars, up 30.1% year-over-year and 1.5% month-over-month. Cumulative revenue for the first five months of this year hit 1.96 trillion New Taiwan dollars, a 30% year-over-year increase.
2 minutes ago