✅ In 4 hours, $317 million worth of long positions were liquidated after BTC plunged to $69k, dragging altcoins down with it 🔪

Friday's news:

✔️ Crypto exchange OKX launched the second phase of its trading competition with a prize pool of $75,000 and a chance to win up to $5k.

✔️ Bloomberg: In May, the People's Bank of China did not buy gold for reserves for the first time in the past 18 months.

✔️ In May, the U.S. unemployment rate rose by 0.1% to 4%.

✔️ Rumor: Elon Musk will step down as Tesla's CEO if shareholders do not approve his $56 billion salary.

✔️ Semler Scientific increased its investments in the leading cryptocurrency to 828 BTC.

✔️ The volume of shorts on MicroStrategy reached $6.9 billion 😳

#Bitcoin #Ethereum #binance $BTC