It has been an insane week for crypto.
- Bitcoin hit a new yearly low of $59,127, wiping out $300 BILLION in market cap.
-
$ETH
dropped to $1,500 for the first time in a year, erasing $60 BILLION.
- Bitcoin ETFs sold $1.72 BILLION worth of BTC, the second-largest weekly sell-off since launch.
- Over $5.7 BILLION in long positions were liquidated in just 7 days.
- Saylor and Tom Lee’s combined unrealized losses hit $22.5 BILLION.
- Zcash crashed -60%, wiping out $60 BILLION after a critical bug was discovered.
3June 7, 2026 1.2K
