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Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.
Dogecoin USD Plunges 7.97% Daily as Memecoin Selloff Intensifies
Dogecoin USD drops 7.97% daily to $0.0812 amid broader memecoin selloff as Bitcoin approaches $60,000.
AEON Mall Opens 4,400 Parking Spaces to Public, June 06
AEON Mall opens 4,400 parking spaces to public from August 2026 to ease Shinkansen station congestion in Takaoka. First such partnership in Japan.
HSBC Faces €80M Bond Over Lebanon Money Laundering Case, June 06
HSBC faces formal charges in France for allegedly helping Lebanon’s central bank chief launder USD 330 million, ordered to post 80 million euro bond.
XRP Falls 5% to $1.11 as Adoption Stalls, June 06
XRP drops 5% to $1.11 amid oversold conditions, down 70% from $3.66 peak despite Ripple’s bank adoption efforts.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.