🇺🇸⚠️ Famous trader Eugene has largely exited the crypto market, shifting to U.S. equities due to a lack of attractive risk-reward opportunities. He expressed a bearish outlook on Strategy and Michael Saylor, suggesting that the model may be starting to unravel. Given Strategy’s high correlation with #BTC, Eugene stated he would not consider going long on #BTC and has no intention of buying the dip for now.
📉 #BTC Bitcoin Price — Entering a Cheap Zone
Bitcoin's MVRV is currently at 1.1, sitting just above the green undervaluation zone that has historically marked major market bottoms.
Bitcoin's MVRV is currently at 1.1, sitting just above the green undervaluation zone that has historically marked major market bottoms.
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🕵️ 500,000,000 $USDT (499,626,249 USD) transferred from Binance to Tether Treasury.
🕵️ 500,000,000 $USDT (499,874,333 USD) transferred from Tether Treasury to Binance.
Monday | June 8, 2026 — Weekly market review BTC, ETH, SOL, XAUUSD, OIL.
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🇺🇸📊 #BTC #ETH U.S. Spot Bitcoin ETFs Post Second-Largest Weekly Outflow on Record at $1.72B
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded $1.72 billion in net outflows during the June 1–5 trading week (ET), the second-largest weekly outflow since launch. U.S. spot Ether ETFs also saw $173 million in net outflows, marking a fourth consecutive week of net redemptions. #etf
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded $1.72 billion in net outflows during the June 1–5 trading week (ET), the second-largest weekly outflow since launch. U.S. spot Ether ETFs also saw $173 million in net outflows, marking a fourth consecutive week of net redemptions. #etf
🇬🇧💼 #ETN The Financial Conduct Authority (FCA) in the UK is proposing to allow licensed funds to allocate up to 10% of their assets into cryptocurrency ETNs.
⛏️ 3,020.18 #BTC ($191,606,607)
Aggregated flows from miners to exchanges.
Aggregated flows from miners to exchanges.