📢 Gate Square Daily | June 26


1️⃣ Market Update: BTC dropped below $60,000, currently at $59,851, down 1.7% in 24 hours, triggering approximately $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 dipped below $76 during trading, down 24% from its $100 par value, marking the lowest closing price since its listing.
3️⃣ Macro Moves: The U.S. core PCE annual rate for May came in at 3.4%, the highest since October 2023.
4️⃣ Industry News: SpaceX's stock price pullback sounds an alarm; OpenAI leans toward delaying its IPO until next year.
5️⃣ TradFi Update: U.S. AI concept stocks broadly fell, with Atlassian dropping over 8.38%; South Korean stocks plunged 5%, triggering a circuit breaker, with SK Hynix down 6%.
BTC0.39%
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