Fr 26/6 | Daily Crypto & Macro News

Happy Friday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨- Bitcoin briefly touched $58,000 before recovering above $59,500.- 53% of all Bitcoin in circulation is now held at an unrealized loss, while 37.9% of supply has remained unmoved for over 4 years.- Kalshi traders see a 75% chance of Bitcoin hitting $50,000 before $100,000.- The US Dollar Index hit a 1-year high as major hard assets declined sharply, with Bitcoin down 53%, gold -29%, and silver -52% from their peaks.- South Korea's KOSPI stock market halted after an 8% crash, triggering a circuit breaker.- Micron became the most traded stock in the US. Michael Burry closed his short position in Palantir.- Microsoft announced price hikes for Xbox devices due to rising memory chip costs.- Apple plans to skip high-end M6 Mac chips in favor of an AI-focused M7 lineup and saw its shares fall after price hike announcements.- SpaceX is planning a 'Starpipe' natural gas pipeline for Starship and could potentially acquire T-Mobile to advance wireless goals, according to analysts.- US new home supply crossed above 10 months' worth, a level typically seen in recessions. Health insurance premiums for the average US family have risen 365% since 1999.- Nearly 60% of S&P 500 stocks now carry Buy ratings from analysts, the highest level on record.📊 Altcoin Market Updates 📊- Coinbase's Base blockchain experienced downtime for over an hour with unhealthy block production.- The primarily STRC-backed synthetic stablecoin apxUSD depegged significantly, trading below $0.80 at one point.- Kraken is in talks to acquire a 15% stake in DeFi lender Aave.- Hyperliquid reached a record 8.6% share of aggregate perpetual open interest versus centralized exchanges.- MicroStrategy shares fell notably amid broader market pressure, while Michael Saylor's firm shows large unrealized losses on Bitcoin holdings.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$BTC $ETH $SPY $QQQ $OIL PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?Clere to grab the Altcoin Profit Toolkit — 8 structured modules + 3 indicators including the Smart Exit Decoder that shows overbought conditions on multiple timeframes, helping you scan, enter, and exit trades like a pro trader.Written by Timothy Assi, an Elite Popular Investor on eToro.Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.Connect with me on:🟦 Linkedin: Timothy Assi🟪 Instagram: @panic_drop⬛ X: @timoassi📧 [email protected]🟩 Panic Drop Podcast : on your favorite streaming appwww.panicdrop.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit panicdrop.substack.com/subscribe