Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

SpaceX's $2.4T IPO prediction sparks volatility, testing Bitcoin's price resilience.

Market News
12 Jun 2026
Forbes
View Source
Neutral
pluang ai news

SpaceX's upcoming IPO is predicted to value the company at $2.4 trillion, creating significant market volatility and a 'stress test' for Bitcoin's price. The IPO has driven increased trading interest in SpaceX-linked perpetual contracts, reflecting high expectations and uncertainty. This event is seen as a major capital rotation moment, with investors shifting funds between crypto, stocks, and AI sectors. Market watchers anticipate that the IPO's performance will influence Bitcoin's price trajectory amid broader financial market shifts.

More News (BTC)

Crypto prices rise as $2.5B Bitcoin, Ethereum, and XRP options expire amid positive Iran peace talks.

Crypto prices rise as $2.5B Bitcoin, Ethereum, and XRP options expire amid positive Iran peace talks.

Bitcoin, Ethereum, and XRP prices increased following former U.S. President Trump's suggestion of a potential peace deal with Iran this weekend. This geopolitical optimism boosted market sentiment despite nearly $2.5 billion in crypto options expirin...

Market News
Bullish
4 hours ago
Bitcoin rebounds above $63K after Trump announces progress on U.S.-Iran peace deal, erasing inflation-driven losses.

Bitcoin rebounds above $63K after Trump announces progress on U.S.-Iran peace deal, erasing inflation-driven losses.

Bitcoin price rose above $63,000 following Donald Trump's announcement of canceled U.S. strikes on Iran and progress toward a peace agreement, reversing losses caused by higher-than-expected U.S. producer inflation data. Despite conflicting reports f...

Market News
Bullish
5 hours ago
Bitcoin rebounds near $63,700 as U.S.-Iran tensions ease, easing crypto market fears.

Bitcoin rebounds near $63,700 as U.S.-Iran tensions ease, easing crypto market fears.

Bitcoin rose about 1% to near $63,700 on June 12, recovering from a recent dip below $60,000 amid signs of easing U.S.-Iran tensions. The de-escalation reduced fears of rising oil prices and inflation, which had pressured risk assets including crypto...

Market News
Bullish
5 hours ago
Bitcoin nears key support as ETF demand weakens; VELVET token surges amid sell-the-news risk.

Bitcoin nears key support as ETF demand weakens; VELVET token surges amid sell-the-news risk.

Bitcoin is trading near $63,000 after a dip to $59,000, close to its realized price support of $53,600, with demand dropping sharply, especially from spot ETFs. Institutional buying pressure is waning, and investors have realized significant losses r...

Market News
Neutral
5 hours ago
Bitcoin hovers near $63K but demand weakens, signaling possible price drop despite bullish options bets.

Bitcoin hovers near $63K but demand weakens, signaling possible price drop despite bullish options bets.

Bitcoin is trading near $63,000, just 9% above its realized price, indicating limited profit for holders and a market close to a value zone rather than a confirmed recovery. Demand has weakened significantly, especially from ETFs, with total bitcoin ...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App