SPY Market Brief
On June 09, 2026, the S&P 500 (SPY) experienced a -0.2936% decline, primarily driven by a sell-off in technology stocks, including Apple (-3.6446%) and AMD
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Opinion
172,000 Jobs Broke the Rate-Cut Story Markets Had Spent Months Building
The Bureau of Labor Statistics reported 172,000 new jobs in May, more than double the 80,000 analyst consensus, collapsing the rate-cut narrative that had
Crypto
Bitcoin hits $61,614 as RSI touches 23.99 and ETF outflows top $3.5B
Bitcoin is priced at $61,614.21 as of June 09, 2026, down 3.96% in 24 hours, with a 14-period RSI of 23.99, its most oversold reading in months.
Macro
Fed hike odds hit 63% as May jobs data and 4.2% CPI forecast upend 2026 rate-cut bets
CME FedWatch Tool shows 63% probability of a 25 basis-point Fed rate hike by October 2026 as of June 9, 2026.
Crypto
AI Micropayments Are Making Crypto Rails Feel Practical Again
AI agents settled $73M on-chain in a year. Why stablecoin micropayments finally make sense as infrastructure, not just a slogan.
Opinion
172,000 Jobs Crushed Rate-Cut Hopes and Sent Markets Reeling
The US May Non-Farm Payrolls report released on June 5, 2026, showed 172,000 jobs added, nearly double the consensus estimate, plus upward revisions to prior
Crypto
Bitcoin's RSI hits 25 as $5B in ETF outflows meet a jobs shock
Bitcoin's 14-period RSI stands at 25.32 as of June 09, 2026, the most deeply oversold reading in this cycle, with spot price at $62,601 and the nearest support
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Macro
Fed Funds 'Hold' at 99% Probability as April Inflation Hits 3.8%, Reshaping Rate Path
Market expectations for the Federal Reserve's fed funds rate have solidified around a 'hold' at the upcoming June 16-17, 2026, FOMC meeting, with prediction
Crypto
DOGE Bounces Off a Multi-Year Low, But One Weekly Close Could Erase the Relief
Dogecoin recovered to $0.0859 on June 9, 2026, after touching $0.077 over the weekend, but an RSI of 30.95 and a resistance level just $0.00011 above spot
Stocks
Intel surges 11% on an Alphabet AI-chip order as chip stocks pull SPY higher
Intel (INTC) surged 11.2% on June 9, 2026, after reports of a large AI-chip order from Alphabet, leading chip stocks and the XLK technology ETF to a 2.15% gain.
Crypto
SAHARA Crashes 55% With $22M Liquidated on June 09, 2026
SAHARA token fell approximately 55-60% to $0.01720 on June 09, 2026, as $22.25 million in long positions were liquidated and a misread 600M-token transfer
Opinion
Strong May Jobs Report Triggers Nasdaq's Near-5% Tumble, S&P 500 Ends Nine-Week Rally
The US May Employment Situation report, released on Friday, June 5, 2026, revealed a stronger-than-expected surge of 172,000 nonfarm payrolls, significantly