Hey there! 👋

The market continues to decline as fresh drama around trade wars unfolds. Let’s break down what triggered the correction and what might help restore a positive narrative 👇

📉 Trade War Updates

🔸 On Friday, Donald Trump posted on Truth Social, claiming that China is violating the U.S. trade agreement, spooking the markets amid fears of a new wave of tariffs.
🔸 China quickly responded, stating that it’s the U.S., not China, violating the agreement, signaling it’s prepared for a potential tariff battle.
🔸 What’s more, the EU is also preparing to counter Trump’s newly imposed tariffs on European steel.

🌍 Key Economic Events

🔸 This week, both the BoC and the ECB will announce interest rate decisions.
🔸 Meanwhile, the U.K. and U.S. are set to release their unemployment data.

🔓 Altcoin Unlocks

🔸 On June 7, 2025, Jito Labs will unlock 3.36% of the $JTO market cap.