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Mega-IPOs and AI funding drain liquidity, causing Bitcoin to drop 25% recently.

Market News
07 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Bitcoin has fallen about 25% recently, dropping from around $82,000 to the $60,000-$62,000 range. Michael Saylor, executive chairman of Strategy, attributes this decline to a major capital shift driven by roughly $400 billion in AI infrastructure funding and blockbuster IPOs from companies like SpaceX, OpenAI, and Anthropic. These mega-IPOs are pulling institutional money away from liquid assets such as Bitcoin as banks push these deals aggressively. Saylor views this as a temporary liquidity event rather than a fundamental problem for Bitcoin, expecting institutional interest to return once the IPO frenzy subsides.

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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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CHARBONE expands helium fleet amid global shortages, boosting North American supply and customer base.

CHARBONE expands helium fleet amid global shortages, boosting North American supply and customer base.

CHARBONE Corporation has increased its helium delivery fleet from one to five units to meet rising demand caused by global helium supply disruptions, notably from Qatar. This expansion supports North American customers in sectors like semiconductors ...

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Bullish
4 hours ago
Citi initiates buy on Hikma Pharmaceuticals with a £17 target, citing strategic reset and growth potential.

Citi initiates buy on Hikma Pharmaceuticals with a £17 target, citing strategic reset and growth potential.

Citi has started coverage of Hikma Pharmaceuticals with a 'buy' rating and a £17 price target, highlighting the company's strategic shift towards differentiated products and US manufacturing investments. The broker sees a 14% potential share price re...

Analyst Insights
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Xenon Pharmaceuticals advances with strong Phase 3 epilepsy data, eyeing NDA filing in 2026.

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