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June 5, 2026

Crypto News Digest — Friday, June 05

Crypto News Digest

Crypto News Digest

Friday, June 05 2026 · 9:31 AM ET

Bitcoin

$62,875

▼ -1.9%

S&P 500

7,517

▼ -0.6% (open)

Crude Oil

$92.13

▼ lower

Gold

$4,466

▼ -0.2%

Must Know Today

BTC ~$62,875, down ~20% since mid-May — crypto's worst week since July 2024; $1.1B+ liquidations

Spot BTC ETFs bled ~$4.4B over 13 days — record outflow streak; IBIT was ~75% of it

May jobs smashed: 172K vs 80K est — yields jump, 2026 rate cuts priced out, hike talk returns

Zcash infinite-mint bug disclosed — ZEC crashed 50%+, privacy coins sold off

Watch this week

Forced-selling cascade is the risk: 13 days of ETF outflows + MicroStrategy's first BTC sale in years + whale capitulation could break $61K. The hot May jobs print revived rate-hike odds — the macro tailwind is gone for now.

ETF Flows 13-day net outflow streak: ~$4.4B exited (IBIT ~$3.3B, ~75%); Thursday saw a tiny ~$3M inflow — streak may be breaking.

Full breakdown — 6 sections, catalysts, live charts, Fear & Greed →

Read Full Digest

Generated daily at 9:31 AM ET · crypto-news-digest.vercel.app

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