Crypto Downfall Triggers Massive Selloff in Bitcoin, Stocks, and Gold

07-Jun-2026 TronWeekly
Crypto DownfallA broad market selloff hit cryptocurrencies, equities, and precious metals as stronger-than-expected U.S. jobs data reduced expectations for near-term interest rate cuts. Bitcoin fell toward $59,000 while technology stocks and other risk assets declined amid concerns over liquidity, inflation, and global economic uncertainty.
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