Power Hour

The final closing power hour is exhibiting intense selling pressure, pushing both major equity indexes and digital assets to their lowest levels of the day. A toxic combination of Fed Governor Waller’s hawkish rate-hike warnings, a wider-than-expected $120B federal deficit, and escalating Middle East geopolitical tensions has triggered an aggressive, institutional de-risking phase ahead of tomorrow's critical June CPI inflation report.

Your monitored assets—Bitcoin and Strive, Inc. (ASST)—are cascading lower as capital accelerates into defensive cash positions.

🚨 Watchlist Closing Breakdown & Stop-Loss Proximity

🪙 Bitcoin (BTC/USD)

• Power Hour Price: Bitcoin has broken down completely, plunging 3.4% to trade at $61,640.50.
• Technical Status: The defense of $62,000 has collapsed. High-volume selling is dominating the closing cross as traders price in the reality of the Fed resuming rate hikes if tomorrow’s CPI prints hot.
• Alert Tracking: Bitcoin is now less than 5.5% away from your primary $58,260 trailing stop-loss trigger. The macro landscape has shifted firmly bearish for the afternoon session.

📊 Strive, Inc. (ASST)

• Power Hour Price: ASST has capitulated alongside spot BTC, down 6.45% to $11.56 per share.
• Technical Status: The stock has broken below its prior midday support and is currently hitting fresh session lows. Institutional support is absent despite the company's expanding 19,900 BTC treasury book, as the market aggressively flushes high-beta equities.
• Alert Tracking: ASST is rapidly descending toward your critical $10.32 local swing low stop-loss trigger.

🏛️ Wall Street Closing Summary

• Nasdaq & S&P 500: Institutional distribution is picking up into the 4:00 PM EST bell. The Nasdaq is leading the carnage, down 1.4%, as the semiconductor slump and tariff-refund fiscal deficit drag down heavily weighted mega-caps.
• Bond Yields Surging: The 10-year U.S. Treasury yield is jumping in late trading, reflecting Wall Street's fear that the combination of fiscal deficits and sticky core inflation will force the Fed's hand.