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Bitcoin crashes below $66K, relief bounce starts amid bearish market sentiment

Market News
03 Jun 2026
Crypto Daily
View Source
Bearish
pluang ai news

Bitcoin's price dropped sharply below the $66,000 support level after breaking down from a 4-month bear flag, falling about 20.6% or $17,000 in value. A relief bounce has begun, but strong bearish sentiment and resistance levels suggest the price may continue to trend downward or move sideways. The 200-week simple moving average (SMA) near the current price could act as a key support, with a potential bottom forming around the low $40,000 range if the price follows past bear market patterns. Overall, Bitcoin remains in a bear market until a clear bottom and capitulation occur.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
3 hours ago
Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

NVIDIA and Noetra Corp. are partnering to build Japan's first national AI infrastructure, the NVIDIA Vera Rubin AI factory, featuring 13,750 Vera CPUs and 27,500 Rubin GPUs. Supported by Japan's Ministry of Economy, Trade and Industry, this 140-megaw...

Market News
Bullish
4 hours ago
UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...

Market News
Bullish
4 hours ago
Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...

Technical Signals
Bullish
4 hours ago
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