Bitcoin's price dropped to an intraday low of $60,892 following US President Trump's announcement of a military response against Iran, triggering a global risk-off sentiment. This geopolitical tension led to $664 million in crypto liquidations, with Bitcoin traders accounting for $124 million of losses. Institutional demand is weakening, evidenced by $4.4 billion outflows from US Bitcoin ETFs and over 8 million BTC now underwater, signaling significant market stress. Investor fear remains high, and if Bitcoin breaks below $60,000, it could face accelerated declines toward $50,000 due to a liquidity gap, making the near-term outlook uncertain amid ongoing geopolitical and market pressures.
Pakistan's Prime Minister Shehbaz Sharif confirmed a final draft of a US-Iran peace deal has been agreed upon, aiming to dismantle Iran's nuclear program, impose inspections, and end regional proxy funding. The deal would reopen the Strait of Hormuz ...
Defiance ETFs announced a temporary trading halt of its leveraged Defiance Daily 2X Space ETF (SPCL) on the Cboe BZX Exchange due to significant market volatility following SpaceX's initial public offering (IPO). The halt began on June 12, 2026, and ...
The U.S. Department of Justice has approved Paramount's proposed $110 billion acquisition of Warner Bros. Discovery, finding no significant antitrust concerns. The DOJ concluded the merger is unlikely to harm competition or consumers in the media and...
On June 12, Bitcoin and XRP spot ETFs attracted fresh capital, with Bitcoin ETFs seeing $85.9 million in net inflows and XRP ETFs adding $2.04 million. In contrast, Ethereum spot ETFs continued to experience outflows, extending a trend of redemptions...
Hyperliquid (HYPE) has fallen 21.2% from its June peak amid a Bitcoin sell-off, but strong fundamentals like growing TVL and fee generation suggest continued investor confidence. Technical analysis shows a possible retracement to $38-$46 before a pot...
