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Bitcoin price may crash below $60,000 in June amid whale sell-off and retail buying.

Market News
03 Jun 2026
Finbold
View Source
Bearish
Bitcoin price may crash below $60,000 in June amid whale sell-off and retail buying.

Bitcoin price is forecasted to potentially drop below $60,000 in June 2026 due to increased selling pressure after multiple rejections at $82,000 last month. Data shows whales holding large amounts of Bitcoin have sold over 24,000 coins recently, while small retail investors continue to buy. This divergent behavior historically signals bearish trends, increasing the risk of a price crash. However, there remains a strong chance Bitcoin could find support around $65,000 or rebound to $70,000 depending on market dynamics.

More News

Borrowing USDe to stake sUSDe now costs more than the yield, ending profitable leverage loops on Aave.

Borrowing USDe to stake sUSDe now costs more than the yield, ending profitable leverage loops on Aave.

Since September 9, 2026, borrowing USDe to convert into sUSDe and stake it on Aave has become unprofitable, as borrow rates (6.02%-6.39%) now exceed the staking yield (5.01%). This change followed a governance recommendation that raised the USDe base...

Market News
Bearish
4 hours ago
Bank of Hawaii's earnings jump nearly 40% on stronger interest margins and solid real estate-backed loans.

Bank of Hawaii's earnings jump nearly 40% on stronger interest margins and solid real estate-backed loans.

Bank of Hawaii has boosted its earnings by nearly 40% this year, driven by improved net interest margins and a strong portfolio of legacy fixed-rate assets. The bank's loan book is mostly secured by real estate with low loan-to-value ratios, reducing...

Company Fundamentals
Bullish
4 hours ago
Circle to end legacy USDC transfer bridge by Dec 1, 2026; action needed if holding USDC on Noble or using old wallets.

Circle to end legacy USDC transfer bridge by Dec 1, 2026; action needed if holding USDC on Noble or using old wallets.

Circle announced it will discontinue the legacy version (CCTP V1) of its USDC cross-chain transfer bridge by December 1, 2026, with transfer caps starting to fall on October 31. For USDC holders on the Cosmos chain Noble, all contracts will halt by J...

Protocol Fundamentals
Neutral
4 hours ago
Powell Industries aims to grow revenue by expanding capacity to meet $2.4B electrical equipment backlog.

Powell Industries aims to grow revenue by expanding capacity to meet $2.4B electrical equipment backlog.

Powell Industries is positioned to benefit from a $2.4 billion backlog of complex electrical equipment orders. The company's growth depends on successfully expanding its production capacity to increase revenues while maintaining profit margins above ...

Market News
Bullish
4 hours ago
Meta AI alarmingly revealed personal details of a Utah mom's young daughters, including deleted photos and location data.

Meta AI alarmingly revealed personal details of a Utah mom's young daughters, including deleted photos and location data.

A Utah mother, Kalie Robins, discovered that Meta AI surfaced sensitive personal information about her young daughters after she posted a video on Facebook. The AI revealed their names, birth details, deleted photos, and even attempted to pinpoint th...

Market News
Bearish
4 hours ago
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