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Crypto

Bitcoin nears drop below $60,000 on U.S. jobs shock renewing rate hike fears

Bitcoin is on the verge of breaking below $60,000, sliding 2.78 percent to $61,538, while ether fell 8.96 percent to $1,599. The selloff followed a stronger-than-expected May U.S. nonfarm payrolls report and rising odds of a Federal Reserve rate hike on Polymarket and CME FedWatch. Spot bitcoin ETFs saw 13 straight sessions of net outflows, and Mt. Gox transfers fueled selling concerns.

Crypto

Bitcoin slumps to $65,000; leverage, Strategy sale and ETFs add pressure

Bitcoin slid into the $65,000 range to a new 2026 low, with broad declines across major tokens and bitcoin dominance falling to 57.75 percent. The drop was described as a compound shock led by excessive leverage and heavy spot inflows to exchanges. Strategy sold 32 bitcoins for the first time in four years, denting sentiment. Bitcoin broke below $70,000, triggering $1.5 billion in futures liquidations as spot bitcoin ETFs posted a third straight week of net outflows.

Crypto

Binance expands U.S. stock trading abroad, plans tokenised bStocks

Binance has started offering trading in about 7,000 U.S.-listed stocks and exchange-traded funds outside the United States. Users can manage cryptocurrencies and stocks through a single Binance account and buy fractional shares from as little as $5. Trading is available 24 hours a day, five days a week, using supported stablecoins such as USDC and USDT and Binance Coin. Binance also plans to launch tokenised stock product bStocks within weeks.