Crypto Bloodbath: Bitcoin Tests $59K as AI Chips Steal the Spotlight

Bitcoin dropped below sixty thousand dollars for the second time in June as capital rotates aggressively into AI infrastructure. We break down what's driving the shift-from Micron's blowout earnings to over a billion dollars in crypto liquidations. Plus, regulatory turbulence heats up as Trump withholds signatures on housing legislation tied to CBDC bans, Binance withdraws from Greece ahead of MiCA deadlines, and the Abracadabra stablecoin MIM depegs fifty percent. On the macro front, hawkish Fed signals, strengthening dollar, and ETF outflows continue pressuring digital assets. We cover liquidation cascades, derivatives panic signals, and critical support levels traders are watching. This is your no-fluff briefing on what's moving markets right now.