Deribit's warning is quite interesting; 60k has become a meat grinder for bulls and bears, with 1.2 billion in put options waiting to be harvested.

U.S. non-farm payrolls increased by 172k in May, unemployment rate at 4.3%, combined revisions for March-April upward by 93k, hourly wages up 3.4% year-over-year. Hong Kong Monetary Authority established a tokenized bond expert group to study application and regulatory optimization. Deribit warns that if BTC falls below 60k, institutional selling and derivatives liquidation risks will increase, with open interest in 60k put options exceeding $1.2 billion. Zcash founder disclosed Orchard pool forgery vulnerability, fixed it and promoted a new upgrade to prove supply integrity. Korean police investigated illegal gambling involving domestic users of Polymarket for the first time, with a maximum fine of 10 million Korean won, and users can bet with USD stablecoins.