According to @FarsideUK, major institutional adoption signals are fueling Bitcoin's (BTC) momentum, highlighted by the US Federal Housing Finance Agency ordering Fannie Mae and Freddie Mac to consider cryptocurrency holdings for mortgages, as stated by Director Bill Pulte. This bullish development helped push BTC price past $108,000, though it faces a significant resistance zone between $3.40–$3.55 trillion in total crypto market capitalization, a level that has previously activated sellers, according to FxPro analyst Alex Kuptsikevich. Strong market underpinnings are evident, with spot BTC ETFs recording 12 consecutive days of net inflows, adding $548 million on the last reported day, according to Farside Investors. Derivatives data presents a mixed picture, as a rise in perpetual futures open interest suggests hedging, and a flat basis on CME futures weakens the bullish case. In altcoins, SEI token has surged over 50% in a week, driven by its selection for Wyoming's state-backed stablecoin pilot and strong on-chain data indicating spot-led buying.

According to @DeepLearningAI, two significant U.S. regulatory developments could impact the crypto and AI trading landscape. Senator Cynthia Lummis has introduced the RISE Act, which would require AI developers to disclose technical details and known limitations to gain partial liability protection, a move that could increase transparency for AI-driven financial and trading tools without forcing them to be open source. Concurrently, the Federal Housing Finance Agency (FHFA), under Director Bill Pulte, is officially studying whether cryptocurrencies like Bitcoin (BTC) and Solana (SOL) can be counted as assets for U.S. mortgage applications. This potential policy change, a significant departure from the current rule requiring conversion to USD, could mark a major step towards mainstream crypto adoption, potentially increasing long-term demand and value for assets like BTC and SOL. The report notes that Director Pulte personally holds up to $1 million in both Bitcoin and Solana (SOL).

According to FHFA Director William Pulte, Fannie Mae and Freddie Mac have been ordered to prepare for accepting cryptocurrencies in mortgage applications, driving Bitcoin (BTC) above $107,000 with a 2.2% gain in the last 24 hours. Matt Cole, CEO of Strive, emphasized that this allows BTC holders to buy homes without liquidating assets and shifts risk to the US government. Bitcoin Cash (BCH) outperformed with a 7.4% surge, while Charlie Morris, founder of ByteTree, linked part of the rise to reduced geopolitical tensions following a Middle East ceasefire.

According to Michael Saylor on Twitter, the concept of using Bitcoin to finance home purchases is gaining traction, reflecting a growing trend in crypto-backed real estate transactions (source: Michael Saylor, Twitter, June 7, 2025). This development is significant for traders as it signals increasing mainstream adoption of Bitcoin and could drive liquidity and demand in the crypto market. Investors should monitor this trend, as rising use cases for Bitcoin in real-world assets may positively influence BTC price action and trading volumes.