# Bitcoin PLUMMETS Below $62K As Arthur Hayes DUMPS Zcash

Page: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/bitcoin-plummets-below-62k-as-arthur-hayes-dumps-zcash
Text version: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/bitcoin-plummets-below-62k-as-arthur-hayes-dumps-zcash.md
Podcast: [The Wolf Of All Streets](https://stenobird.com/podcast/the-wolf-of-all-streets-1215618)
Published: 2026-06-05T13:31:00+00:00
Episode link: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA9470460045.mp3
Audio file: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA9470460045.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-wolf-of-all-streets-1215618/episodes/bitcoin-plummets-below-62k-as-arthur-hayes-dumps-zcash
Duration seconds: 1730

## Resource

Bitcoin just collapsed below $62,000 in one of the worst weeks since July 2024, with the AI trade unwinding violently and $1.5 billion in crypto longs getting wiped out in 24 hours. We are now staring down $60K with the next technical support all the way at $55K, and the safety nets that held earlier 2026 drawdowns are gone. Meanwhile Zcash absolutely cratered 37% in one of its worst single day slumps ever after Shielded Labs disclosed a critical Orchard pool bug that could have allowed unlimited undetectable counterfeit ZEC, a vulnerability hiding since 2022 and uncovered by Anthropic's Opus 4.8 AI model. We are breaking down whether Bitcoin defends $60K or rolls to $55K, what the Zcash bug means for the entire privacy coin narrative, and why this could be the most dangerous setup of the entire cycle. Learn more about your ad choices. Visit megaphone.fm/adchoices

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