From Investing.com: 2024-06-01 19:30:20

Prominent advocate Michael Saylor tweets confidence in Bitcoin after sudden $68,000 price drop, referring to it as a “Swarm of Cyber Hornets.” Bitcoin’s decline linked to macroeconomic factors like PCE price index rise. Despite expectations, Bitcoin fell by 2.14% before slightly rebounding today. Japan’s DMM Bitcoin exchange hacked, losing $300 million – largest hack since 2022. According to Chainalysis, this is the seventh largest hack in crypto history.

Read more at Investing.com: Michael Saylor Breaks Silence on Bitcoin Dropping Below $68,000 By U.Today