Bitcoin has rebounded from an intraday low near $61,500 after weaker-than-expected U.S. labor market data strengthened expectations that the Federal Reserve could still lower interest rates later this year. Summary Bitcoin price rebounded from an intraday low near $61,550 after U.S. jobless claims exceeded forecasts, boosting expectations of future Federal Reserve rate cuts. U.S. initial…
BitMEX co-founder Arthur Hayes announced on June 4, 2026, that he had sold his entire positions in the HYPE token and NEAR Protocol, citing rising energy prices due to tensions with Iran, three upcoming mega AI IPOs, and a prediction that Trump would turn anti-AI. The announcement triggered an immediate wave of discussion across crypto…
The significant outflows from the ETFs are just a small portion of the quickly worsening BTC landscape. Bitcoin is currently knocking on the door that helped it bounce during the February crash at $60,000. The asset dumped toward $61,000 earlier today, which was hard to imagine just a few weeks ago when it traded…
In the June 2026 crypto selloff, Ethereum has fallen harder than Bitcoin, and not by a little. Summary Ethereum has fallen about 32% in 2026, while Bitcoin is down roughly 11%, with the ETH/BTC ratio dropping to a 10-month low near 0.0283. Strong demand from spot Bitcoin ETFs has helped Bitcoin hold value better than…
In crypto news today (June 4), the market continues to bleed as June maintains its bearish trend. Bitcoin crashed below $62,000 overnight, falling by -4.8% over the past 24 hours. The crash has caused more than $1.63Bn in daily liquidations, with over $1.38Bn of that figure being long trades. This recent spate of liquidations has…
Some of the biggest losers today include NEAR, TON, and ADA. Bitcoin just can’t catch a break these days as another leg down pushed it south to well below $62,000 earlier today, and the subsequent recovery attempt was halted in its tracks. The altcoins have bled out again, heavily, and the total crypto market…
XRP traded near $1.18 on June 4 after falling more than 5% in 24 hours. The token dropped to a fresh four-month low as the wider crypto market sold off sharply. Summary XRP dropped near $1.18 after losing key support and hitting a fresh four-month low. Whales sold or redistributed 60 million XRP, adding pressure…
The XRP ETFs were in the red as well yesterday for the first time in over a month. In times when almost the entire cryptocurrency market heads south, XRP has joined the ride, plunging to a fresh four-month low of under $1.15. This substantial crash comes as ETF investors have turned the tide and…
Polymarket has finalized a disputed prediction market with a “No” outcome after 98.6% of voting power backed the decision in a final UMA review, despite Strategy disclosing that it sold 32 Bitcoin before the market’s May 31 deadline. Summary Polymarket finalized the disputed Strategy Bitcoin sale market with a “No” outcome after 98.6% of UMA…
Paybis said more companies now use stablecoins for international payments, based on a report released at Money20/20 Europe in Amsterdam. Summary Stablecoins now make up 86% of Paybis crypto volume, showing payment use is rising fast. B2B clients drove 97.8% of stablecoin volume through April, with cross-border payments leading demand growth. Survey data shows cost…
