June Selloff

Platinum futures have moved back into a short-term consolidation area, keeping the recovery scenario alive after an earlier downside probe failed to gain traction. Technical traders are now watching 1662 as the level that could confirm a breakout and set the tone for the next leg higher.

Ark Invest added more than $75 million in crypto-linked stocks in June as the sector sold off, reinforcing its buy-the-dip strategy. Coinbase, Circle and Bullish were the main beneficiaries even as Circle suffered a steep monthly decline.