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BlockBeats News, June 23rd, Serenity stated, "For me personally, this pullback appears to be a clear buying opportunity, with targets including Micron Technology (MU), Intel (INTC), and TSMC (TSM)." This decline is mainly due to some shaky narratives, such as the market's speculation about the Fed's expected 3 rate hikes this year, but in reality, there is no new macroeconomic data supporting this claim (the actual data will not be released until Thursday). If institutions truly believed in the bearish logic of 3 rate hikes proposed by Bank of America (BofA), then they should have arbitrated through the CME futures market or prediction markets. However, the reality is that these markets still indicate a probability of no rate hike in July of about 74%, without reflecting the so-called aggressive rate hike expectations."

BlockBeats News, June 23rd - According to Bloomberg, known for his strong criticism of cryptocurrency, "Dr. Doom" Nouriel Roubini is tokenizing one of his investment products. Roubini is launching a digital token called USAFi, which will be backed by his managed Atlas America Fund. The fund has an estimated size of $17 million and is an ETF traded on Nasdaq under the ticker USAF. This ETF mainly invests in various assets, including U.S. Treasuries, gold, and Real Estate Investment Trusts (REITs).

On June 23, according to Bitget market data, U.S. stocks opened with the Dow Jones down 0.66%, the S&P 500 down 1.6%, and the Nasdaq down 2.3%. Storage concept stocks fell sharply, with SanDisk (SNDK.O) opening down 11.3% and Micron Technology (MU.O) down 11.8%. SpaceX (SPCX.O) opened down 2.8%, marking its fourth consecutive trading day of decline, with its market value falling below $2 trillion.