Israel bombed Iran, Trump called for the Fed to cut interest rates quickly, BTC 103K Ether fell nearly 10%.

U.S. stocks closed slightly higher last night, as the market focused on inflation and unemployment data while digesting Trump's latest remarks regarding the Federal Reserve (FED) (, tariffs, and the situation in the Middle East. At the same time, the conflict in Iraq reignited, and Boeing faced another major air disaster, with stock prices dropping nearly 5%. Overall, the three major U.S. stock indices closed up, with the market betting again that the FED will start cutting interest rates this year. Bitcoin )BTC( fell from the 108K range to around 103K, a decline of nearly 4.8%. Ether )ETH( dropped to $2,498, a decline of nearly 10%.

Trump calls on trade allies to accept tariff conditions and demands the Fed to lower interest rates quickly.

On Wednesday, Taiwan time, Trump once again called for trade allies to accept the U.S. unilateral tariff rates, stating, "If you don't accept, then forget it."

Trump once again publicly called for the Federal Reserve (FED) to cut interest rates on Thursday ) 6/12(, and directly referred to Fed Chairman Jerome Powell as a "moron," adding that he would not roast him alive.

)Do not dismiss Fed Powell! Trump emphasized that egg and oil prices have stabilized, and tariffs on China will not be raised to 145%(

Inflation and unemployment data have been released, and the market expects an increased probability of interest rate cuts.

The U.S. Producer Price Index in May showed a year-on-year increase of 2.6% and a month-on-month increase of 0.1%, both lower than market expectations, indicating that inflationary pressures continue to ease. However, the U.S. labor market is showing signs of fatigue:

The number of initial unemployment claims reported is 248,000: higher than expected.

The number of people continuing to receive unemployment benefits is 1.956 million: higher than the previous value.

This has also led the market to further anticipate the possibility of the Federal Reserve (FED) lowering interest rates twice, boosting demand in the bond market, causing U.S. Treasury yields to decline, and increasing demand for the auction of 30-year U.S. government bonds.

Boeing experiences another major air disaster amid the outbreak of the Iran conflict.

Boeing has experienced two fatal accidents and one door detachment incident in the past five years. Now, its Boeing 787 took off from Sardar Vallabhbhai Patel International Airport at 1:38 PM local time in India and soon crashed, resulting in over 290 fatalities, with only one survivor. After the news broke, Boeing's stock price dropped by 4.79%, closing at $203.74 per share.

US President Donald Trump ) warned at a press conference on June 11 Taiwan time that personnel and military families stationed in the Middle East are currently evacuating from Israel. He stated, "It is very dangerous over there, just wait and see." Subsequently, Israel launched airstrikes against Iran early Friday morning local time, targeting Iranian nuclear program facilities.

( Israel launched an attack on Iranian nuclear facilities, declaring a "special emergency state" across the country )

BTC falls to the 103K range, ETH declines by nearly 10%.

Bitcoin (BTC) dropped from yesterday's high of $108,813 to $102,664, and then pulled back to the $103K range, with a decline of nearly 4.8%. Ether (ETH), on the other hand, fell from yesterday's peak of $2,783 to as low as $2,450, with a decline of nearly 10%.

The highly anticipated U.S. stablecoin bill, the "GENIUS Act," passed a procedural vote in the Senate on 6/11 Eastern Time (Procedural vote), and is set to enter the deliberation stage. Once passed, it is expected to bring positive news to the crypto market.

( The 《GENIUS Act》 enters substantive review! The US Treasury Secretary praises: the stablecoin market will exceed 2 trillion in three years )

This article discusses Israel bombing Iran, Trump calling on the Fed to lower interest rates quickly, BTC at 103K, and Ether's drop of nearly 10%, first appearing in Chain News ABMedia.