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Bitcoin's Four-Force Crash: Fed, Iran, Strategy & ETF Exodus
Audio is available on Spreaker — see link below.
Bitcoin shed $250 billion in market cap as four simultaneous forces — Fed rate hawks, geopolitical risk-off, a Strategy sale, and record ETF outflows — crushed a leverage-loaded market. Today's briefing breaks down each catalyst, the Ethereum and Solana collateral damage, Hyperliquid's FCA warning, and what to watch next.
Audio is available on Spreaker — see link below.
Bitcoin dropped from eighty-two thousand dollars to sixty-two thousand in roughly two weeks. That wasn't a single shock.
The first force was the Fed. New Chair Kevin Warsh was sworn in on May twenty-second, and his early signals were unambiguous.
The second force arrived on June first through third. Iran suspended talks, fired missiles, and the US retaliated.
The fourth force was the one with the clearest structural implication. Bitcoin ETFs had been the primary institutional demand pillar since their January twenty twenty-four launch.
The altcoin damage was severe. Ethereum fell twenty-six percent in one month, dropping from around two thousand two hundred dollars to sixteen hundred.
One story running counter to the broader collapse is Hyperliquid. The decentralized exchange now holds six-point-five billion dollars in USDC, ranking it fifth in stablecoin supply across all blockchains, ahead of Polygon.
The near-term signals that matter: whether the Bitcoin ETF outflow streak, which paused in early June, resumes or stabilizes as the macro picture clarifies. Whether Warsh's hawkish signals hold if economic data softens.
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