Bitcoin leads risk-off move as Bitwise links BTC weakness to tightening liquidity and higher US yields across markets.
Arthur Hayes believes AI infrastructure spending has absorbed a significant share of global liquidity, limiting the amount of capital flowing into Bitcoin despite ongoing monetary expansion. AI companies have raised roughly $1.5 trillion in financing since late 2022, according to Hayes, creating strong competition for investment capital that could have entered crypto markets.
Bitcoin nears historically attractive levels, yet fading demand and liquidity continue delaying a market recovery.
Bitcoin trades near $61,100 as ETF outflows extend and whales reduce holdings, while CZ urges calm during the market pullback.
Bitcoin traders have positioned for a Federal Reserve pause next week, with CME FedWatch data showing a 98.2% probability that policymakers will leave interest rates unchanged at the June 16-17 meeting.
The integration of crypto by traditional finance could amplify systemic risks, challenging existing crypto firms to adapt or collaborate. Kraken co-CEO David Ripley: traditional firms will offer Bitcoin services.
The tech sell-off and Bitcoin's dip highlight market volatility, reshaping investor expectations on interest rates and risk asset valuations. NASDAQ sinks 3% as tech sell-off reignites, dragging Bitcoin below $60K.
Despite a brief bounce, Bitcoin is still struggling with heightened volatility, capping every upward attempt and keeping its price below the $65,000 mark. In this unfavorable market environment, the flagship asset may be entering a crucial phase as leverage steadily dries up across the market.
Technical analysis of Bitcoin's price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of writing, Bitcoin is trading around $62,950, and bulls are trying to stabilize above $60,000 after a recent few days of heavy selling pressure.
The fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins.
The tech-driven market downturn highlights vulnerabilities in growth-dependent sectors, impacting both traditional and digital asset valuations. S&P, Nasdaq fall as tech shares drag markets lower and Bitcoin follows suit.
On June 8, 2026, Blockstream CEO Adam Back publicly dismissed the technical proposal identified as BIP-110. The controversial initiative seeks to restrict non-monetary data in transactions through a user-activated soft fork (UASF). The current support level of network nodes for the implementation of this protocol stands at low single digits.