📰 What you need to know this Friday, June 6 🥳
📤 Outflows of $278.44M from BTC ETFs are recorded.
The largest outflow was in the ARKB ETF from Ark 21shares with an amount of $102.03M, while the ETH ETF had inflows of $11.26M.
🥊 The fight between Trump and Musk shook the market, collapsing Bitcoin and liquidating $950 million in long positions.
Traders faced large liquidations amid macroeconomic tensions and ongoing sales by long-term holders.
🐳 Strategy increases its latest stock offering to $1 billion to accumulate Bitcoin.
The former MicroStrategy will not sell 2.5 million shares but 11 million to raise additional capital for more purchases.
📊 The $6 trillion asset manager Fidelity says, "Bitcoin's potential as a store of value distinguishes it from other cryptocurrencies."
⚠️ In the last 24 hours, 209,318 traders were liquidated, and the total liquidations reached $952.43 million.
The largest individual liquidation order occurred in Bitmex - XBTUSD for a value of $10.00M.