Episode

Bitcoin Hits Two-Month Low as MicroStrategy Breaks Sale Streak, Gold Tops Treasurys

Podcast
Stock Market Today
Published
Jun 2, 2026
Duration seconds
162
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Summary

Bitcoin drops to sixty-eight thousand nine hundred dollars as MicroStrategy's first bitcoin sale since twenty twenty-two triggers market anxiety. Meanwhile, spot bitcoin ETFs hit record outflows exceeding three point four billion dollars across eleven consecutive sessions while capital floods into AI stocks. The ECB confirms gold has overtaken U.S. Treasurys as the world's number-one reserve asset. We cover Strategy's controversial thirty-two bitcoin sale, institutional rotation from crypto to artificial intelligence, DeFi innovation from Vitalik Buterin, stablecoin expansion with MoneyGram launching on Stellar, and Japan's push for crypto ETFs. Plus: Mt. Gox moves seven hundred thirty-nine million in bitcoin, Robinhood enters Canada with WonderFi acquisition, and Tom Lee calls the selloff classic bottom behavior.