Crypto
Funds shift to semiconductors, AI as bitcoin suffers worst week since February
Bitcoin is down 13 percent so far in June, heading for its worst week since February as key narratives weaken and money shifts to other assets. Bitcoin spot ETFs logged net outflows for 13 straight sessions through June 4, the longest on record, while total ETF assets fell to $82.8 billion from $107.8 billion on May 14. Strategy disclosed a small bitcoin sale, and long liquidations rose to $594 million over 24 hours.