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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
PRIVACYTERMSCOOKIES
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Bitcoin briefly drops below $62,000 as $1.5 billio...
CoinDesk•Thursday, June 4, 2026 at 02:13 AM•1 min read

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

Share:
The Arch TakeBearish
BitcoinDeFiTrading

Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

Read full story at CoinDesk
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News
Bitcoin briefly drops below $62,000 as $1.5 billio...
CoinDesk•Thursday, June 4, 2026 at 02:13 AM•1 min read

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

Share:
The Arch TakeBearish
BitcoinDeFiTrading

Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

Read full story at CoinDesk
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left

The Block•2h ago

Injective files for SEC transfer agent registration to bring securities ownership records onchain

Cointelegraph•3h ago

JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves

The Block•3h ago

Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs

Bankless •3h ago
← Back to News Feed