The Week That Was

Executive SummaryBetween June 7 and June 13, 2026, the Bitcoin market navigated a period of intense volatility, transitioning from a state of retail capitulation and liquidity extraction to one of institutional stabilization. The reporting window was defined by a “liquidity vacuum” created by the historic SpaceX Initial Public Offering (IPO), which sequestered over $150 billion in capital, and a stagflationary macroeconomic environment driven by military escalation in the Middle East. Despite a 30% year-to-date depreciation and extreme fear among retail investors (Fear and Greed Index as low as 10), institutional infrastructure continued to expand. Key developments included the launch of regulated perpetual futures in the U.S., the debut of tokenized equity trading on crypto exchanges, and the confirmation of SpaceX as the world’s eighth-largest corporate Bitcoin holder. By June 13, spot ETF flows turned positive, signaling a potential local market bottom. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitcoinnewsdigest.substack.com