Wall Street giants have revealed they are quietly plotting a “big” crypto move
Bitcoin (CRYPTO: BTC) around $62,000 is sitting directly on the 200-week moving average, a level that only broke during the FTX, Terra, and Three Arrows Capital collapses in 2022. ETF Outflows Finally Printed One Green Day After $5B Exit After four weeks of relentless selling that drained ETF net assets from $109 billion to $80.40 billion, June 4 printed a modest $3.05 million net inflow.
Zcash plummetted 40% as Shielded Labs revealed a major bug that went undetected for four years
Bitcoin Enters Fire-Sale Zone as LTH Losses Hit $2.4B
In recent weeks, bitcoin BTC$61,875.23 sentiment has been most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering May 21 through June 4.
Saylor outlines four Bitcoin ideologies as Strategy faces scrutiny after a rare BTC sale and Bitcoin's slide near $60K in a volatile week.
Bitcoin broke below $62k for the first time since February 6 and is now down over 14% on the week and over 50% since printing its all-time high in October last year. Short term holders, those who bought BTC over the past 155 days, are feeling the brunt of this decline.
Crypto is on course for its worst week since July 2024, with the ether price approaching a critical support as a zcash exploit and AI capital rotation pile on the pressure.
The surge in gray market peptide trade via crypto highlights growing health risks and regulatory challenges in the unregulated supplement market. Chainalysis reports surge in gray market peptide trade using bitcoin and stablecoins.
The crypto market's volatility highlights the need for strategic adaptability amid geopolitical tensions, impacting investor confidence and market trends. Bitcoin tumbles 50% amid geopolitical tensions; $STRC down 5%.
Bitcoin has experienced significant selling pressure following a 16% drop since Monday — a decline that has shaken the confidence built during the recovery from the April lows and forced participants to reassess where genuine structural support exists in the current market structure.
Bitcoin and Ethereum trading activity has fallen to multi-quarter lows on Hyperliquid, while volume in equity-linked and pre-IPO perpetual contracts has climbed sharply. According to a June 5 report from Block Scholes shared with crypto.