[LIVE] US Stock Market Today, Gold Price, Crypto Market Crash

Bitcoin is faacing significant resistance near $65,000, where Binance whale orders have created a sell wall worth approximately $43 million. The concentration of sell orders could limit short-term upside and increase the difficulty of a breakout. If Bitcoin clears the $65,000 level, traders are watching the next major sell wall near $80,000, which could become the next key resistance zone.

The US stock market shed $2 trillion in market capitalisation in under two hours Monday. Two theories are circulating. The first points to the SpaceX IPO on June 12, with retail investors selling existing positions to raise cash for the listing and institutions trimming holdings ahead of forced index buying in July, when QQQ funds must automatically purchase SPCX following Nasdaq’s revised inclusion rules. The second theory is simpler: when selling hits every asset class at once, it often means institutions know something the market does not yet.

Bank of America reports that 70% of its bear-market indicators are now active. Fund managers are holding their largest stock overweight position in four years, while cash levels have fallen into the bank’s sell-signal zone. The data suggests investors are heavily positioned in equities with limited cash on the sidelines.

Gold has reached its highest level relative to U.S. Treasuries since around 1983, highlighting strong demand for defensive assets. At the same time, the Bloomberg Commodity All Metals Total Return Subindex appears to be losing momentum against the S&P 500 near a resistance level that has held since 2018. The divergence suggests investors are favoring gold over broader industrial metals, a trend often associated with rising caution toward economic growth and risk assets.

The top 10% of S&P 500 stocks have outperformed the bottom 10% by about 65 percentage points over the last three months, the widest gap since the 2008 financial crisis. The divergence is approaching levels seen during the 2000 dot-com bubble. Despite strong index performance, financials, healthcare, and consumer discretionary sectors are down year-to-date. The data suggests a small group of stocks is driving market gains while weakness persists across much of the broader market.

Bitcoin fell from $64,100 to $61,600, triggering roughly $451 million in liquidations. Total cryptocurrency liquidations reached about $1.1 billion over the past 24 hours, reflecting elevated market volatility. Current one-day liquidation data shows around $331 million in long positions at risk compared with approximately $1.84 billion in shorts. The large concentration of short positions, extending up to $66,400, suggests significant potential for further liquidations if Bitcoin moves higher.

The US stock market shed $780 billion in market capitalisation in roughly 40 minutes Monday afternoon, with tech and semiconductor stocks leading the drop. Nvidia, Apple and chip stocks were among the hardest hit.
Grok, queried in real time on X, flagged no single headline trigger. The most likely drivers, in its assessment: profit-taking after an extended AI and tech rally, institutions selling winners to raise cash ahead of the SpaceX IPO on June 12, elevated Treasury yields compressing growth stock valuations, and algorithmic selling amplifying what may have started as routine rotation.

Oil fell below $88 Monday after Al Arabiya reported that a draft agreement sent to the US side was preliminarily acceptable to the American administration. The news would ordinarily spark a relief rally. It did not.

The S&P 500 erased all intraday gains and fell more than 2% from its session high, wiping out $1.3 trillion in under two hours. The Nasdaq turned negative despite the oil move. Bitcoin dropped below $61,500. Total US market capitalisation shed $560 billion in 40 minutes at one point during the session.

Recent Bitcoin transfers linked to BlackRock have fueled concerns about large-scale selling, but the firm’s holdings have declined from roughly 823,000 BTC at their peak to about 779,000 BTC, a reduction of around 5%.

While some investors view the outflows as the start of a broader distribution phase, others note that similar selling periods in the past were followed by renewed accumulation.

The key question for markets is whether institutional selling will intensify or whether recent weakness has largely exhausted near-term selling pressure.

The S&P 500 rose 1% in the first 20 minutes of trading, adding about $680 billion in market value. The index then fell 1.6% over the next hour, wiping out roughly $1 trillion.

Overall, U.S. markets lost about $1.1 trillion in value within an hour after the sharp reversal. The move highlights heightened market volatility and rapidly changing investor sentiment. Traders will watch upcoming economic data, corporate news, and policy developments for clues on market direction.

A broad selloff hit financial markets, wiping out an estimated $1.88 trillion in value within an hour. The S&P 500 fell 1.62%, erasing about $1.10 trillion, while the Nasdaq dropped 2.50%, losing $880 billion. Gold declined 1.95% and silver fell 5.56%, reducing their market values by roughly $570 billion and $220 billion, respectively.

The Russell 2000 lost 2.06%, and Bitcoin fell 2.12%. The sharp declines across multiple asset classes point to widespread risk aversion. Investors will monitor economic data, policy developments, and market liquidity for signs of stabilization.

A broad-based selloff swept through global markets Monday, with losses hitting equities, precious metals and crypto simultaneously. The S&P 500 fell 1.62%, the Nasdaq dropped 2.50%, and the Russell 2000 shed 2.06%. Gold slid 1.95% and silver took the sharpest hit, down 5.56%. Bitcoin fell 2.12%.Live blog content goes here…