Th 4/6 | Daily Crypto & Macro News

Happy Thursday all! If you missed the past 24 hours in crypto and stocks, here's your full recap:🚨 Major Headlines & Market Moves 🚨Bitcoin has fallen sharply, to as low as $61,350. It is now down around 32% year-to-date.Michael Saylor's Strategy now shows an unrealized loss of over $11.5 billion on its Bitcoin holdings, recently flipping Tom Lee's BitMine Ethereum position in total losses.Charles Schwab launched 24/7 Bitcoin futures trading.Treasury Secretary Scott Bessent expressed support for the Clarity Act this summer and progress on a Strategic Bitcoin Reserve, emphasizing durable best practices.Kalshi traders forecast Bitcoin could go as low as $49,000 this year, and Kalshi has now launched Bitcoin Perpetuals trading.Ethereum fell below $1,800 for the first time since early February and is down about 45% year-to-date.Over $700 million in crypto longs were liquidated in a two-hour span, contributing to a $200 billion wipeout in total crypto market cap over 24 hours.In stocks, semiconductor names continue extreme moves, with the 3x Semiconductor ETF up over 1,550% in the past year. Broadcom reported strong AI semiconductor revenue growth of 143% year-over-year to $10.8 billion.Miami, Florida stands out as a strong buyer's market for housing.📊 Altcoin Market Updates 📊Solana dropped below $70, while Hyperliquid's $HYPE flipped Solana in price and staking market cap.BitMine's Ethereum position faces massive unrealized losses exceeding $9 billion.Binance announced changes to its NFT service, requiring users to withdraw transferable NFTs by early July.If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow.$BTC $ETH $SPY $QQQ $SMH 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