Market Overview
Summer is here. The deal is almost signed. And Bitcoin is clinging to a floor that the bears have been trying to break for weeks.
June has been defined by three things running simultaneously. A peace deal between the US and Iran that has been on, off, on, and off again so many times the market has essentially started pricing the noise rather than the news. A CPI print that confirmed what everyone already feared. And a SpaceX IPO that reminded
the world just how much capital is sitting on the sidelines waiting for something genuinely worth buying.
Start with Iran. The war that began on February 28 when US and Israeli forces struck Iranian military infrastructure is now approaching its fourth month. Pakistan brokered a conditional ceasefire back on April 8. That ceasefire has been extended, violated, re-extended, and violated again. Israeli strikes on Beirut’s
suburbs nearly collapsed the entire framework in mid-June. Trump went on Truth Social to condemn them. The deal wobbled. Then on June 11, Pakistan’s Prime Minister Shehbaz Sharif announced that a permanent peace agreement between the US and Iran had been reached. Trump confirmed it within the hour. The terms include a 60-day ceasefire extension, a memorandum of understanding between Washington and Tehran, and critically, the immediate reopening of the Strait of Hormuz to international shipping.
Oil dropped more than 4% on the announcement. The S&P 500 futures jumped. Then Israel fired on Lebanon again and WTI clawed back most of those gains within 48 hours. This is the market we are living in. Deal on. Oil down. Deal wobbles. Oil back up. Repeat. The market has learned to read the rhythm but not
fully price the resolution, and that is probably the right call until ink is dry and tankers are actually moving.
The IEA, the world’s leading authority on global energy data, has described this conflict as the greatest global energy security challenge in history. Nearly 600 million barrels of oil were blocked from reaching markets between March and June. That number tells the whole inflation story on its own.
Also in our June report:
We look into Mays CPI numbers
Elon Musk launched the Biggest IPO in history, the SpaceX IPO, we do a full review on this
We are coming to the end of Q2, we look at Bitcoins performance as well as the Bitcoin ETF flow
The RWA sector continues to attract attention, but what projects are seeing the best growth in this sector.
Prediction Markets continue to be the hot narrative of 2026, we compare the leaders in this sector
The Robotics Industry continues to gain momentum, we look at 3 x funds worth following
Our project research for this month takes a look at GRVT