Hey traders! 👋

After a gloomy weekend, it looks like the market has bounced back stronger than before, but how long can it stay this way? Let’s take a look at what could influence the market this week:

🔥 Weekend Highlights

🔸 First off, the global economic outlook downgraded its forecast for global growth from 3.1% and 3% in 2025 and 2026 to 2.9% for both years.
🔸 Then, a heated exchange between Trump and Musk broke out over the weekend, briefly pushing Bitcoin to the 101K level.
🔸 Finally, the BBC reports another China-U.S. meeting on tariffs. But given the lack of progress in last meetings, it’s uncertain whether this news will have any impact.

🌍 Economic Events

🔸 Throughout the week, China and the U.S., are set to release inflation rate data.
🔸 U.K. will publish its unemployment rate report on Tuesday.

🔓 Altcoin Unlocks

🔸 June 10th: Cheelee will release 4.71% of $CHEEL’s MC into circulation.
🔸 June 11th: Moca and Delysium will unlock 6.71% and 3.88% of their respective MCs, $MOCA and $AGI.