Standard Chartered sees Bitcoin bottom after sell-off
Bitcoin fell sharply over seven days as institutional outflows, leveraged liquidations, geopolitical pressure, and a surprise sale by Strategy weighed on digital asset markets.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Bitcoin fell sharply over seven days as institutional outflows, leveraged liquidations, geopolitical pressure, and a surprise sale by Strategy weighed on digital asset markets.
Teva Pharmaceutical (NYSE:TEVA) announced the launch of AHZANTIVE (aflibercept), a biosimilar to Eylea, across several major European markets, including France, Germany, Spain, and the Netherlands.
Mobix Labs (NASDAQ:MOBX) announced today that it has entered into a binding Letter of Intent (LOI) to acquire Vision Aerial, a Montana-based manufacturer of high-end unmanned aerial systems (UAS).
Orion Energy Systems (NASDAQ:OESX) reported financial results for its fiscal year 2026 today, detailing a period of ongoing investment and operational transition.
Caleres (NYSE:CAL), a portfolio of consumer-driven footwear brands, reported financial results for the first quarter of 2026 today, highlighted by a significant performance gap between its wholesale brand operations and its retail footprint.
Alvotech (NASDAQ:ALVO) has officially resubmitted its Biologics License Applications (BLAs) to the U.S. Food and Drug Administration (FDA) for two of its lead biosimilar candidates: AVT05, a proposed biosimilar to Simponi and Simponi Aria (golimumab), and AVT06, a proposed biosimilar to Eylea (aflibercept) 2 mg.
ASIC fines retail giants Zara, H&M, and Sephora nearly $600,000 for late financial account lodgements amid a major compliance crackdown.
Nine Democratic members of the US House of Representatives have called on the Federal Trade Commission to investigate whether prediction market operators are using contradictory messaging when dealing with consumers and regulators.
Advance Metals (ASX:AVM) has delivered a sound start to its maiden drilling campaign at the Gavilanes Silver Project.
XRP fell 5.19% over the past 24 hours on June 3, dropping to around $1.16 as heavy selling pressure pushed the token towards the lower end of its recent trading range.