According to Fox News, JPMorgan CEO Jamie Dimon publicly stated that the United States should prioritize stockpiling bullets and rare earth elements over investing in bitcoin, arguing that these resources hold greater strategic value in times of crisis (Fox News, May 30, 2025). For traders, Dimon's position signals continued skepticism from major traditional financial institutions toward cryptocurrency as a national reserve asset, which may contribute to short-term negative sentiment in the bitcoin market and could impact institutional adoption trends.

According to The Kobeissi Letter, Ukraine has reached a minerals deal with the US, potentially leading to a peace agreement with Russia. This development could significantly impact the commodity markets, particularly the supply and trading of rare earth elements, as the US seeks $500 billion worth of rare earths from Ukraine. Such a deal may alter global supply chains and affect market prices, creating new trading opportunities and risks.