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Bitcoin Slides to $65,710 on June 3 as ETF Outflows and Strategy's BTC Sale Weigh
Bitcoin briefly slipped below $66,000 on June 3, touching around $65,710 as selling pressure intensified across the crypto market. The drop coincided with an extended spot bitcoin ETF outflow streak estimated at $2.8 billion to $3.5 billion and Strategy's first bitcoin sale in nearly four years. Traders are now focusing on whether $65,000 holds, with $60,000 cited as the next major level if support breaks.
BTC
BTC-2.77%
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Orbs launches V5 on Ethereum and Arbitrum, aiming to cut verification costs across 10+ chains
Orbs has released its V5 upgrade on Ethereum and Arbitrum, targeting stronger cross-chain verification for decentralized trading, lower infrastructure overhead, and broader validator participation. The protocol said its execution layer processed more than $14 billion in trading volume across 10+ networks and over 30 DEX integrations since V4, generating over $3.2 million in protocol revenue. V5 introduces Committee Sync and is slated to expand to additional EVM chains such as Base and Polygon in the coming months.
ORBS
ORBS+0.82%
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