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Bitcoin drops 25% in 20 days amid US crypto law progress and institutional selling fears

Market News
04 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Bitcoin fell sharply by 25% over 20 days following the US Senate Banking Committee's advancement of the Crypto Market Structure Bill, wiping out $406 billion in market cap. This decline coincided with record highs in global stock markets, sparking debate over possible market manipulation or institutional rotation from crypto to equities. Bitcoin ETFs saw $4.356 billion in outflows, marking the longest outflow streak on record. Additionally, MicroStrategy's Michael Saylor sold Bitcoin for the first time since 2022, fueling concerns of further institutional selling. Technical analysis also points to bearish trends, suggesting potential further declines in the coming months amid regulatory uncertainty and weakening market structure.

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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
2 hours ago
Hi-View Resources launches 2026 exploration program in British Columbia's Toodoggone Mining District

Hi-View Resources launches 2026 exploration program in British Columbia's Toodoggone Mining District

Hi-View Resources Inc. has started its 2026 exploration program in the Toodoggone Mining District, British Columbia, focusing on porphyry targets at key sites like Lawyer’s East, Borealis, and Golden Stranger. The program includes 50 line kilometres ...

Company Fundamentals
Bullish
4 hours ago
USPTO launches AI-assisted image search for trademarks with Clarivate's technology

USPTO launches AI-assisted image search for trademarks with Clarivate's technology

The U.S. Patent and Trademark Office (USPTO) has introduced an AI-assisted image search feature in its public trademark search system, TM Search, using technology from Clarivate Plc. This new tool allows users to upload images and compare them agains...

Market News
Bullish
4 hours ago
AIB Data Centers seen as speculative buy with $3.50 target, hinging on securing key lease to unlock value.

AIB Data Centers seen as speculative buy with $3.50 target, hinging on securing key lease to unlock value.

AIB Data Centers Inc. is considered a speculative buy with a $3.50 price target based on its 65 MW energized capacity. The investment case depends heavily on securing a single anchor lease at its CLT-01 facility, which would validate its business mod...

Analyst Insights
Bullish
4 hours ago
Experian reports 10% Q1 revenue growth, maintains full-year outlook for 2027

Experian reports 10% Q1 revenue growth, maintains full-year outlook for 2027

Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...

Company Fundamentals
Bullish
4 hours ago
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