Daily Briefing on #Feixiaohao ! June 4 Info Newsletter Popular Rankings: BTC (Bitcoin): Currently priced around $64,279. Following earlier panic selling that briefly dragged the price below $62,000 today, a sharp oversold bounce and choppy recovery are currently unfolding around the $64,000 level. ETH (Ethereum): Currently priced around $1,797. Having broken below the key $1,800 psychological milestone, it continues to face relentless selling pressure from institutional spot ETF outflows amidst the broader macro downturn. XRP (Ripple): Currently priced around $1.19. Driven by the heavy-hitting catalyst of CME officially launching 24/7 XRP futures, it has captured massive independent market attention during this market crash. SOL (Solana): Currently priced around $70.79. Correcting alongside the broader market, it is currently locked in a fierce long-short battle around the critical $70 technical support line. STRC (Strategy Inc. / formerly MicroStrategy): The company's move to sell 32 BTC to fund its preferred stock dividends—shattering its long-standing "never sell" pledge—continues to fuel intense panic discussions across the crypto community. Top Gainers (Bucking the Trend): (Note: Battered by a "perfect storm" of macroeconomic panic and institutional liquidations, the broader crypto market took a heavy beating today. Below are the few assets demonstrating strong safe-haven properties or unique capital support.) USDC / USDT: Safe-Haven Inflows (During the market dip, cascading leverage liquidations triggered massive spot selling, driving a major spike in stablecoin pool interactions and on-chain lending volumes.) XRP (Ripple): News-Driven Resilience (Despite retracing to $1.19 with the market, its losses are significantly milder than other mainstream altcoins due to the independent regulatory tailwind of its fully compliant derivatives listing.) Gruntle (Presale): Inverse Capital Attraction (Focusing on high staking yields and operating outside the secondary market, it has successfully served as a temporary shelter for retail capital as its Round 7 presale officially closes today.) Hot Flash News: Macro Black Swan: BTC Bounces to $64,279 After Sudden Flash BottomCompounded by accelerating institutional capital flight, consecutive leverage liquidations, and flaring geopolitical tensions, Bitcoin (BTC) endured severe liquidations over the past 24 hours, hitting a session low near $61,460 before recovering to $64,279. This violent wave of volatility means the market has now retraced roughly 51% from its October 2025 all-time high of over $126,000. Institutional Shift: Strategy Inc. Discloses Bitcoin Sale, Breaking the 'Never Sell' MythAccording to its latest 8-K filing, Strategy Inc., the world's largest corporate Bitcoin holder, sold 32 BTC at an average price of approximately $77,135 in late May (netting $2.5 million) to pay dividends on its preferred stock. While the amount is a drop in the bucket compared to its massive total reserve of over 818,000 BTC, this marks the first time co-founder Michael Saylor's strict "never sell" doctrine has been broken in years, severely dampening market conviction and dragging its stock price down nearly 6% in a single day. Capital Flight: US Spot Bitcoin ETFs Suffer Record '12-Day Outflow Streak'Institutional de-risking is picking up speed. Latest data shows that US spot Bitcoin ETFs have recorded net outflows for 12 consecutive trading days, with cumulative capital flight reaching a staggering $3.58 billion. This marks the longest streak of consecutive net outflows since the ETFs were approved in January 2024. Major Wall Street institutions that built massive positions in Q1, including Goldman Sachs and Jane Street, showed notable reductions in their holdings. Regulatory Breakthrough: CFTC Approves First Regulated Bitcoin Perpetual Contracts in the USWhile the spot market wrestles with extreme volatility, the derivatives sector scored a historic milestone. The US Commodity Futures Trading Commission (CFTC) officially approved Kalshi's BTCPERP—the first fully regulated Bitcoin perpetual futures contract within the United States. Concurrently, CME rolled out its 24/7 XRP futures. Wall Street analysts note that the opening of these fully compliant derivatives pipelines signals the further maturation of US institutional-grade infrastructure. More trending news: https://t.co/mqGSn7qU5C