Deep Tide TechFlow reports that on June 2nd, Bitcoin fell below $70,000, hitting a new low since April 7th. After a strategic sell-off of $2.5 million worth of Bitcoin, market sentiment came under pressure; last week, another $30 million worth of Bitcoin was transferred to Coinbase Prime wallets, sparking concerns over subsequent selling pressure. The AI sector defied the trend and strengthened, with Humanity Protocol (H) rising 18% in 24 hours, and Near Protocol (NEAR) up 14.5%. The total value locked (TVL) across the DeFi ecosystem dropped to approximately $78 billion, the lowest level since October 2024.

BTC-4.18%
H-16.81%
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