Bitcoin's price dropped below $65,000, causing a shift in prediction markets that now show reduced confidence in the cryptocurrency reaching higher price targets soon. Probabilities for Bitcoin hitting $73,000 by June 3 and $86,000 by June 7 have decreased significantly, reflecting cautious market sentiment. Investors are advised to watch for potential market-moving events like statements from Federal Reserve and SEC leaders or geopolitical developments that could reverse the current trend.
Bitcoin has dropped 21% since its rejection near the $79K–$85K resistance zone in May, while ZCash (ZEC) has rebounded 36% and remains up over 1,000% since June 2025. The divergence is fueled by the SEC closing its investigation into Zcash, removing ...
On June 3, XRP dropped to a new year-to-date low of $1.188 amid a broad crypto sell-off driven by escalating U.S.-Iran military tensions. The decline triggered $14.06 million in long liquidations, overshadowing positive news like Mastercard's support...
Crypto markets saw $1.84 billion in liquidations within 24 hours on June 3, the largest since February, driven mainly by $1.66 billion in long position losses. Bitcoin longs alone lost $883 million, including a $59.67 million position on HTX. The sel...
Bitcoin's price fell toward $65,000 as the cryptocurrency market experienced significant stress, including over $1 billion in liquidations and large outflows from Bitcoin and Ethereum ETFs. Data shows 202,991 traders liquidated in 24 hours, with $519...
Citigroup analysts attribute Bitcoin's recent price decline mainly to nearly $3.8 billion in outflows from U.S. spot Bitcoin ETFs between May 15 and June 2, rather than the sale of 32 BTC by Strategy. The ETF outflows are a stronger indicator of inve...
