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Bitcoin drops below $58,000, marking worst quarter since 2024 amid selling and Strategy Inc. concerns.

Market News
01 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

Bitcoin fell below $58,000 on June 30, closing its worst quarter in years with a 34% loss in 2026. The decline was driven by quarter-end selling, ongoing outflows from bitcoin ETFs, and investor worries after Strategy Inc., the largest corporate bitcoin holder, shifted its approach to managing its bitcoin holdings, including its first-ever sale of bitcoin. Additional pressure came from a large $950 million bitcoin move linked to the defunct Mt. Gox exchange. Broader economic factors like persistent inflation and a strong dollar also reduced demand for risk assets. The total crypto market value dropped to just over $2.1 trillion from a peak of $4.3 trillion in late 2025. The market now watches for signs of stabilized spot demand to determine bitcoin's direction in the third quarter.

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Frequency Synthesizer Market to reach $5.31B by 2035 driven by 5G, automotive radar, and defense tech growth

Frequency Synthesizer Market to reach $5.31B by 2035 driven by 5G, automotive radar, and defense tech growth

The global Frequency Synthesizer Market, valued at $2.42 billion in 2025, is projected to grow to $5.31 billion by 2035 at a CAGR of 7.23%. Growth is fueled by expanding 5G infrastructure, automotive radar deployment, and rising demand in aerospace, ...

Market News
Bullish
1 hour ago
Societe Generale launches new Senior Preferred bond issuance maturing in 2028 and 2031.

Societe Generale launches new Senior Preferred bond issuance maturing in 2028 and 2031.

Societe Generale has announced the launch of a new Senior Preferred bond issuance with two tranches maturing in July 2028 and July 2031. This issuance is part of the bank's 2026 long-term funding program, aiming to support its financial stability and...

Company Fundamentals
Neutral
2 hours ago
Sanofi publishes Q2 2026 financial memo ahead of July 30 earnings release

Sanofi publishes Q2 2026 financial memo ahead of July 30 earnings release

Sanofi has released its Q2 2026 aide-mémoire document on its investor website to assist financial modeling for the upcoming quarterly results. This memo includes details on non-comparable items, currency impacts, and share count. The full Q2 2026 ear...

Company Fundamentals
Neutral
3 hours ago
Abivax temporarily suspends trading on Euronext Paris amid US share offering process

Abivax temporarily suspends trading on Euronext Paris amid US share offering process

Abivax, a clinical-stage biotech company, has temporarily suspended trading of its ordinary shares on Euronext Paris starting July 1, 2026, at 9:00 CEST. This suspension is at Abivax's request to facilitate the confirmation of allocations and final t...

Market News
Neutral
3 hours ago
GoMining launches GoBTC Pay SDK to enable seamless, non-custodial Bitcoin payments for merchants and wallets.

GoMining launches GoBTC Pay SDK to enable seamless, non-custodial Bitcoin payments for merchants and wallets.

GoMining has introduced the GoBTC Pay Gen1 SDK and API, enabling merchants, wallet providers, and partners to integrate fast, non-custodial Bitcoin payments into real-world products. This launch transitions GoBTC Pay from a demo to an open infrastruc...

Protocol Fundamentals
Bullish
4 hours ago
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