Given the prolonged waning price action, the Bitcoin network is starting to feel this bearish pressure, leading to a sharp decline in activity across the network. After a period of downward performance, the level of activity and participation within the network has significantly dropped below levels seen in previous bull market cycles.
Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.
Today, June 2, Strive (ASST) reported to the SEC the acquisition of 2,500 BTC for 185.2 million dollars, at an average price of 74,092 dollars per unit. The Dallas-based treasury company thus surpasses 19,000 BTC and ranks among the top ten publicly traded companies holding bitcoin.
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
A market-stress gauge that has marked every bitcoin bottom for more than a decade is reading near 40%, a level reflecting meaningful pressure but stops short of the historical “maximum opportunity” zone.
As Bitcoin (BTC) price closed May with a bearish outlook, Finbold AI Agent – an advanced financial assistance tool – has predicted further correction in June 2026.
Schwab's crypto futures expansion and upcoming spot trading for advisors could significantly enhance digital asset accessibility and market engagement. Charles Schwab debuts 24/7 Bitcoin, Ether, Solana and Ripple futures, targets spot crypto for advisors next year.
Bitcoin fell 5.6% to $67,400 as a massive $80B AI capital raise backed by Berkshire Hathaway triggered an institutional capital rotation out of crypto.
Hive mined nearly 2,900 Bitcoin last year and is now racing to build what it calls Canada's largest private AI data center.
Bitcoin fell after a new massive movement linked to Mt. Gox. The transfer of 10,608 BTC, estimated at $953 million, awakened an old fear: that of a wave of sales coming from the creditors of the former Japanese platform.
Strive buys 2,500 BTC for $185.2M, raising its holdings to 19,000 BTC as it expands ASST and SATA funding plans.
The U.S. Commodity Futures Trading Commission (CFTC) approved on May 29, 2026, the first Bitcoin perpetual contract without an expiration date on a domestically registered exchange. KalshiEX launches the product under the ticker BTCPERP. On the same date, the CFTC authorizes Coinbase Financial Markets to route U.S.