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On June 4, according to Bitget market data, U.S. cryptocurrency concept stocks continued to decline in pre-market trading. Specifically, MSTR fell by 1.19%; an exchange dropped by 1.38%; CRCL decreased by 0.80%; SBET fell by 2.53%; BMNR declined by 2.31%; HOOD dropped by 2.75%; and PURR saw a significant decline of 8.29%.

According to Odaily, Arkham monitoring shows that this morning, a wallet suspected to be associated with Arca lost $100,000 on Polymarket. This Polymarket wallet had previously received deposits from an Arca wallet and was signed by the Arca wallet. It spent $100,000 to purchase "YES" in the "Will Microstrategy sell BTC before May 31" market at an average price of $0.005 per share, but the market settled at zero.

According to trade sources, the price of Iranian crude oil has turned to a discount against Brent crude oil for the first time since April. At the same time, the premium of Russian ESPO crude for June narrowed to about $3-4 over Brent, compared to $4-5 last month, indicating that traders are lowering prices to attract buyers amid weak demand.Data from Kpler shows that Russian crude oil imports have fallen to 1.04 million barrels per day, the lowest level since August. This further confirms the downward pressure on global crude oil demand. Coupled with market concerns triggered by Trump’s tariff rhetoric, energy trade flows are experiencing a substantial slowdown.When prompt discounts and import volumes simultaneously decline, the market usually tends to turn defensive. The short-term fluctuation center of oil prices may move lower, and it will be important going forward to monitor changes in inventories in major consumer countries and whether there are new disruptions on the supply side due to geopolitics.