Bitcoin drops to $61,000, down 25% this month amid US regulatory uncertainty

Bitcoin has been in freefall since June 2, 2026. What started as a midday flash crash that knocked the price from about $71,765 to $67,895 has turned into a three-day slide. By June 4, Bitcoin had fallen to $61,655, its…

Investors eye Bitcoin's potential rebound as market nears a bottom amid growing institutional interest. The post Matt Hougan: The crypto market may be nearing a bottom, institutional adoption of Bitcoin is growing, and smaller protocols are gaining traction | The Wolf Of All Streets appeared first on Crypto Briefing.

Taiwan Semiconductor Manufacturing Co. - the world's biggest semiconductor-maker - is struggling to meet demands from American customers even with its factory buildout in the US, according to reports from Reuters and Bloomberg. "Customer demand is so high, and we can only support so much," TSMC CEO C.C. Wei said after a shareholder meeting on Thursday, Reuters reports. "We are doing our best to ensure TSMC does not become a bottleneck." The surge in AI use has already put constraints on the memory industry, with the widespread shortage of RAM and NAND Flash memory expected to last for years. The AI boom is boosting the sale of semiconductor … Read the full story at The Verge.

Veteran trader Peter Brandt believes that Bitcoin (BTC) will soon revisit the $50,000 range. Brandt tells his 1 million followers on X that Bitcoin is forming an expanding triangle pattern on the daily chart and may decline more than 14% from its current value. In technical analysis, an expanding triangle pattern, which is also known […] The post Legendary Trader Peter Brandt Details Downside Price Target for Bitcoin After BTC Breaks From ‘Reliable’ Pattern appeared first on The Daily Hodl.

A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real Vision chief crypto analyst still thinks Bitcoin buyers in the $60,000s may be getting a rare long-term entry point, even if the market has not fully washed out yet. Related Reading: XRP Dips In The Short Run, But A Bigger Setup May Be Forming: Analyst The Pressure Building Coutts framed the recent drop as part of a broader reset, saying Bitcoin has already fallen about 50% from its highs and that the move fits past bear-market swings on a volatility-adjusted basis. He stopped short of calling the bottom, however, and said another leg lower is still possible before the market steadies. His view rests less on Bitcoin itself than on the state of global money flows. He pointed to a crowded IPO market pulling in capital, large technology firms reducing buybacks as they pour cash int

DDC Enterprise Limited, the NYSE-listed Asian food platform behind the Daydaycook brand, disclosed on June 3, 2026, that it acquired an additional 90 BTC, bringing total corporate bitcoin holdings to 2,804 BTC. Another Dip Buy as Holdings Near 3,000 BTC The company announced the purchase via its official X account with the note: “When the […]

Bitcoin's volatility amid geopolitical tensions highlights its sensitivity to global events, impacting investor sentiment and market stability. The post Bitcoin tests $62K amid Middle East tensions, market stress appeared first on Crypto Briefing.

The significant outflows from the ETFs are just a small portion of the quickly worsening BTC landscape.