Today's Crypto and Bitcoin News

Story HighlightsBitcoin briefly fell below $60,000 before recovering above the $61,000 level.Glassnode's Rafael identifies $46,000 to $54,000 as likely bottom range.Bitcoin recovery above $75,000 could signal first meaningful market structure repair.Bitcoin’s recent drop below $60,000 has shaken the...

A group of Senate Republicans is pressing bank regulators to build a clearer, fairer capital regime for crypto — arguing that recent international standards would effectively shut banks out of the market. On Thursday, Senator Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Asset...

ME News reports that on June 6 (UTC+8), the total 24-hour notional trading volume within the sample amounted to $2.24 billion; index-based assets accounted for over 60%, while commodities and stocks combined made up approximately 30%. All assets on the list recorded negative returns over the past 24...

ME News reports that as of June 6 (UTC+8), the rolling 24-hour notional trading volume saw a significant increase compared to approximately 8 hours earlier; the combined trading volume of the five hyper3 perpetual contracts in the sample rose from around $170,000 to approximately $1.74 million. INFO...

ME News report, June 6 (UTC+8): All top 5 24-hour gainers were positive, with stocks accounting for 95.9% of trading volume and dominating the leaderboard. RTX-USDH led with a 2.98% gain, but its daily trading volume was only $349. Funding rates across the market were positive over the past 8 hours,...

Google and SpaceX have announced a significant agreement, with Google committing to pay $920 million monthly for computing services from SpaceX. This development, reported by TechCrunch, comes just a week before SpaceX’s anticipated initial public offering (IPO). The substantial contract is seen as ...

CoinDesk reports:Bitcoin continued to decline on Friday, dropping below $60,000 during intraday trading—the first time it has fallen below this level since 2024. Major crypto assets followed suit, pressured by stronger-than-expected U.S. employment data, ETF fund flows volatility, and the Zcash secu...

Triple-A, a licensed global payments firm, has begun a European rollout of Multicurrency Accounts that link local euro collections to stablecoin rails and global payout options. The product gives businesses a named EUR IBAN without needing an EU legal entity and consolidates collection, conversion a...

Key InsightsMore than $500 billion were wiped out from the cryptocurrency market over 25 days as the sell-off became even more intense on major cryptocurrencies.More than $400 billion worth of market value was wiped out by Bitcoin as it dropped towards $61,000.Meme coins and growth coins registered ...

Crypto Market Capitulation erased $600 billion in value as major cryptocurrencies posted steep losses across sectors.Bitcoin and Ethereum led market declines while altcoins recorded broader weakness amid risk reduction activity.A micro-cap cryptocurrency traded near key support as volume dropped nea...

Strategy and BitMine are deep in the red: across their crypto treasury positions, the two companies together sit on roughly USD 21 billion in unrealized book losses. At the same time, the entire Digital Asset Treasury Company sector has shed USD 62 billion in market capitalization.Digital Asset Trea...

Nvidia (NVDA) stock is up just 15% in 2026 while the rest of the chip sector races ahead, and one flow signal helps explain why the market’s former leader is being left behind.The split from the sector is the surface story. Beneath it, options bets, perpetual traders, and institutional flows are pul...

CoinDesk reports:ONDO has declined 12.48% over the past 24 hours, with market participation simultaneously cooling. Trading volume dropped to $340.5 million, a 30.71% decrease from the previous day. Amid broader crypto market weakness, capital has not significantly flowed back, continuing to pressur...

CoinDesk reports:As Bitcoin falls back near its lowest level in nearly two years, Michael Saylor, Chairman of Strategy, has once again spoken out on Bitcoin’s direction. He stated that Bitcoin’s future should not be dominated by a single path, but rather should maintain a balance between purity, ado...

CoinDesk reports:On-chain data shows that approximately 343,075 ETH are currently exposed to liquidation risk under DeFi protocols, equivalent to about $547 million based on the口径 used in the article. As ETH has broken below its previous upward channel, the market is once again focusing on areas wit...