Bitcoin’s AI Stock Problem: Why BTC Is Losing the Risk-On Competition Again
NVIDIA’s $81.6B quarter and a 5.9% semis surge coincided with record Bitcoin ETF outflows. Evidence of risk-on rotation and what could flip leadership back.
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In crypto news today (June 3), crypto is proving the old adage of ‘Sell in May and go away,’ as June continues its bearish trend throughout crypto. Bitcoin crashed below $67,000 overnight, falling by -4.2% over the past 24 hours. The crash caused more than $1.8Bn in daily liquidations, with over $1.54Bn of that figure.. The post Crypto News Today (June 3): $1.8Bn in Liquidations as BTC Crashes Below $67K appeared first on 99Bitcoins.
Read full articleNVIDIA’s $81.6B quarter and a 5.9% semis surge coincided with record Bitcoin ETF outflows. Evidence of risk-on rotation and what could flip leadership back.
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SpaceX holds 18,712 BTC and BlackRock ETF flows are rising — but Bitcoin slipped below $68,000. Here's what the data says about BTC's next move, plus a look at the LiquidChain presale. The post Blackrock Bitcoin News: Can Treasury Accumulation Save BTC? appeared first on 99Bitcoins.
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.
Recently, there have been rallies across some altcoins, with Ethereum seeing some recovery as well, pushing the idea of an alt season. With the likes of Hyperliquid pumping to new all-time highs, this has propelled some of the top 100 altcoins by market cap to surpass Bitcoin’s performance during this time. As more altcoins continue […]