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Bitcoin ETFs lose $1.7B in a week amid fears of Fed rate hikes and weak crypto market.

Market News
06 Jun 2026
Crypto Briefing
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Bearish
pluang ai news

Investors withdrew $4.7 billion from US spot Bitcoin ETFs since mid-May, driven by a falling Bitcoin price and concerns over Federal Reserve rate hikes. Bitcoin dropped from above $79,000 to below $60,000, with $1.7 billion in ETF outflows in the past week alone, led by BlackRock's IBIT. The selloff followed strong US jobs data that reduced expectations for near-term Fed rate cuts, as new Fed Chair Kevin Warsh signals a possible hawkish stance on inflation. Traders now expect at least one rate hike by year-end, adding pressure on the digital asset market.

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Military drone market to grow to $109B by 2031, driven by AI, defense budgets, and geopolitical tensions

Military drone market to grow to $109B by 2031, driven by AI, defense budgets, and geopolitical tensions

The global military drone market is projected to expand from $34.85 billion in 2026 to $109.22 billion by 2031, growing at a CAGR of 25.7%. Growth is fueled by rising defense budgets, demand for intelligence, surveillance, reconnaissance (ISR), preci...

Market News
Bullish
25 minutes ago
Noelle Hipke's Earth Games wins Silver at 2026 COVR Visionary Awards, boosting her Ascension Series' profile.

Noelle Hipke's Earth Games wins Silver at 2026 COVR Visionary Awards, boosting her Ascension Series' profile.

Independent author Noelle Hipke's book Earth Games: Playbook Rules & Regulations won the Silver award in the Visionary Non-Fiction category at the 2026 COVR Visionary Awards. This recognition highlights Hipke's growing influence in the Mind, Body, Sp...

Others
Neutral
25 minutes ago
Global financial analytics market to triple to $36.1B by 2035 driven by AI, cloud, and predictive tech.

Global financial analytics market to triple to $36.1B by 2035 driven by AI, cloud, and predictive tech.

The global financial analytics market, valued at $12.15 billion in 2025, is projected to grow to $36.10 billion by 2035 at a CAGR of 11.5%. Growth is fueled by increasing adoption of AI, machine learning, cloud computing, and predictive analytics acr...

Market News
Bullish
55 minutes ago
Analyst raises TSMC target to $500 on strong AI-driven growth and expansion plans.

Analyst raises TSMC target to $500 on strong AI-driven growth and expansion plans.

An analyst from D.A. Davidson raised the price target for Taiwan Semiconductor Manufacturing Company (TSMC) to $500, indicating a 22% potential upside from its current price of $409.74. This upgrade is driven by strong demand in artificial intelligen...

Analyst Insights
Bullish
1 hour ago
Intuitive Surgical beats Q2 earnings but shares fall 12% on weaker growth outlook

Intuitive Surgical beats Q2 earnings but shares fall 12% on weaker growth outlook

Intuitive Surgical reported strong Q2 earnings with adjusted EPS of $2.80, surpassing analyst expectations due to high demand for its da Vinci robotic surgical systems. Despite the positive results, the stock dropped 12% in premarket trading after th...

Company Fundamentals
Bearish
1 hour ago
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