👋 Welcome Back to Macro Point Daily, The smartest crypto take of the day — macro trends, market moves, daily charts, and a side of memes.

Every day we provide the 5 stories which matter most in crypto, and one just for the degens.

In Today’s Edition

• 📈 Bitcoin nears all‑time high on lower CPI

• 📉 US Consumer Price Index surprises to the downside

• 🛠 Bitcoin Core 30 OP_RETURN upgrade sparks debate

• 📊 ETH ETF approval odds rise again

• 📈 ZKsync governance continues brewing

• AURA memecoin rockets ~400% — then wobbles

Let’s dive in.👇

Today’s Edition

📌 Bitcoin hits $110K — ATH now just inches away

CPI drop, ETF flows, and macro tailwinds send BTC soaring

Bitcoin briefly touched $110,020 before cooling slightly, just shy of its $112K ATH. The move follows softer U.S. CPI numbers (2.4%) and ongoing institutional inflows via spot ETFs. Market optimism surged, pushing ETH, SOL, and AVAX higher in tandem. Eyes are now fixed on whether BTC can break its all-time high before the week ends.

• 🚀 BTC hit $110K intraday — near record

• 📉 CPI fuels risk-on sentiment

• 📊 Spot ETF flows remain strong

Source: https://www.barrons.com/articles/bitcoin-price-xrp-crypto-record-high-inflation-d3366c80

📉 May CPI surprises at 2.4% — Fed pivot back in play

Markets rally across the board on soft inflation data

U.S. CPI came in below expectations at 2.4% YoY, reigniting hopes for rate cuts. Stocks surged, bond yields dipped, and crypto joined the party. With inflation cooling faster than expected, Fed futures now price in a 70% chance of rate cuts starting in September. It's risk-on again — for now.

• 📉 CPI cools more than forecast

• 📆 Rate cuts priced back into H2

• 💹 Equities, crypto pop on dovish outlook

Source: https://www.bloomberg.com/news/articles/2025-06-11/us-cpi-inflation-slows-more-than-expected-in-may

📊 ETH ETF approval odds rise again — market gets jumpy

Odds on July ETH ETF approval creep toward 75%

Polymarket and Kalshi odds for ETH ETF approval in July climbed from ~60% to 75% following chatter from insiders and renewed SEC commentary. ETH jumped 3.8% and the ETH/BTC ratio is rebounding. Traders are watching July 15th closely. If approved, it could trigger major ETH flows — and altseason fireworks.

• 📈 Approval odds hit 75% on Polymarket

• 📊 ETH outperforms BTC on renewed optimism

• 📅 July 15th now key SEC date

Source: https://polymarket.com/event/ethereum-etf-approved-by-july-26

📈 ZKsync governance moves ahead of rumored airdrop

Community votes and on-chain whispers fuel anticipation

ZKsync has begun decentralized governance voting this week, with proposals to manage protocol upgrades. On-chain detectives have spotted large token movements suggesting a potential airdrop snapshot could be imminent. The zk wars are back, and with Starknet and Scroll already in the game, ZKsync wants to lead the next layer-2 narrative.

• 🗳 Governance proposals go live this week

• 🪂 Airdrop snapshot speculation gaining steam

• ⚔️ ZK layer-2 competition heating up

Source: https://decrypt.co/233982/zksync-decentralization-plan-community-vote-token-hints

🛠 Bitcoin Core 30 proposal ignites dev drama

OP_RETURN size expansion stirs debate over Bitcoin’s future

Bitcoin Core 30’s proposal to expand OP_RETURN data limit to 4MB is generating buzz — and backlash. Supporters say it opens up advanced use cases for Bitcoin data storage and apps; critics warn it invites spam and departs from Bitcoin’s minimalist ethos. The final upgrade isn't expected until October, but the conversation is heating up now.

• 🧰 Core 30 proposes 4MB OP_RETURN payloads

• 📛 Devs divided: innovation or bloat?

• 🗓 October release — drama starts today

Source: https://www.coindesk.com/tech/2025/06/10/bitcoin-core-30-to-increase-op_return-data-limit-after-developer-debate-concludes

Degen Domain

🐸 AURA memecoin pumps ~400% in 24 hours — rug risk rising

Solana-based token spikes before questions start flying

• 💸 AURA spiked from $0.001 → $0.005

• 🚨 Rug pull fears after contract flags

• 🔄 Solana memecoins still drawing wild volume

Source: https://crypto.news/solana-memecoin-rallies-nearly-5000-within-hours-despite-rug-pull-allegations/