Crypto Crashes, New Lows in Sight, Bitcoin at $62k, Arthur Hayes Sells His HYPE & NEAR

Crypto majors are very red down 7-10% in one of the worst days of the year; BTC -7% at $62.2k; ETH -8% at $1,740; SOL -10% at $67.5; HYPE -11% at $64.90. Recent alt movers ZEC (-12%), NEAR (-18%), and VVV (-12%) all fell double digits. Siren (+24%), BEAT (+12%), and H (+2%) led top movers. Oil -1% at $94.30; Gold +1% at $4,500. Stock futures are very red with Nasdaq down 1.25%. Arthur Hayes sold his entire HYPE and NEAR position, citing higher energy prices due to Iran, the 3 AI IPOs and that markets will peak between now and September. Tether and Fasset launched the world’s first gold-backed Visa card, letting users spend fiat globally while earning up to 6% cashback in XAUT (Tether Gold). Mastercard launched 24/7 stablecoin settlement across its global network, supporting USDC and other stablecoins on Ethereum, Solana, and a variety of chains with intraday, weekend, and holiday settlement now available alongside traditional rails. A physical Casascius Bitcoin coin containing 25 BTC was redeemed Tuesday for $1.78 million, 12 years after it was minted in December 2011 when those coins were worth less than $100 total. Powered by https://myriad.markets/markets