US stocks rebounded across the board, Bitcoin ETFs continued to buy, IBIT has bought more than 3% of BTC

Boosted by the rebound of U.S. consumer confidence, accelerated trade negotiations, and a surge in the global bond market, U.S. stocks rose across the board. Bit continues to hover in the 108K~110K range. According to SoSoValue's data, U.S. Bit ETFs have shown net inflows for 8 consecutive days, with BlackRock's IBIT net assets reaching $71.4 billion, accounting for 3.32% of the total Bit market value. Japanese authorities earlier stated that they are considering adjusting their debt plan after experiencing selling pressure that pushed the country's long-term borrowing costs to decades-high levels. Concerns about the government's ability to cover massive budget deficits have recently put pressure on developed market bonds, causing U.S. long-term bond yields to fall to levels not seen since 2007. Due to news of potential adjustments to Japan's debt sales, Japanese long-bond yields declined first, subsequently causing the U.S. 30-year Treasury yield to experience its largest single-day drop since late March. U.S. President Trump said he was encouraged by the EU's acceleration of trade negotiations, having previously stated that the EU would face 50% tariffs if unable to reach an agreement with the U.S. After speaking with European Commission President Ursula von der Leyen, Trump extended the deadline for these tax implementations to July 9. Due to the tariff truce leading to improved economic and labor market prospects, the U.S. consumer confidence index for May rebounded significantly from a five-year low. Analysts suggest that tariffs may take months to impact the economy, and so far, consumers have not been significantly affected as retailers have absorbed most of the cost increases. Bit continues to hover in the 108K~110K range. According to SoSoValue's data, U.S. Bit ETFs have shown net inflows for 8 consecutive days, with BlackRock's IBIT net assets reaching $71.4 billion, accounting for 3.32% of the total Bit market value. Risk Warning: Crypto investments carry high risk with potentially significant price volatility. You may lose your entire principal. Please carefully assess the risks.