📢 Gate Square Daily | June 26
1️⃣ Market Update: BTC has fallen below $60,000, currently at $59,851, down 1.7% in 24 hours, triggering about $600 million in long position liquidations across the network.
2️⃣ Institutional Moves: Strategy common stock fell below $90, hitting a new low since February 2024; preferred stock STRC fell below $76 during trading, down 24% from its $100 par value, marking the lowest closing price since listing.
3️⃣ Macro Trends: The U.S. core PCE annual rate for May recorded 3.4%, the highest since October 2023.
4️⃣ Industry Dynamics: SpaceX's stock price retreat sounds a warning; OpenAI is leaning toward postponing its IPO until next year.
5️⃣ TradFi Dynamics: U.S. AI concept stocks broadly fell; Atlassian dropped over 8.38%; South Korean stocks plunged 5% triggering a circuit breaker; SK Hynix fell 6%.
1️⃣ Market Update: BTC has fallen below $60,000, currently at $59,851, down 1.7% in 24 hours, triggering about $600 million in long position liquidations across the network.
2️⃣ Institutional Moves: Strategy common stock fell below $90, hitting a new low since February 2024; preferred stock STRC fell below $76 during trading, down 24% from its $100 par value, marking the lowest closing price since listing.
3️⃣ Macro Trends: The U.S. core PCE annual rate for May recorded 3.4%, the highest since October 2023.
4️⃣ Industry Dynamics: SpaceX's stock price retreat sounds a warning; OpenAI is leaning toward postponing its IPO until next year.
5️⃣ TradFi Dynamics: U.S. AI concept stocks broadly fell; Atlassian dropped over 8.38%; South Korean stocks plunged 5% triggering a circuit breaker; SK Hynix fell 6%.
