Jun 5, 2026 commentary
Hot Payrolls Pull Tech Into Bitcoin Selloff
₿ Conviction
Bitcoin gave back another 3.17%, HYPE shed 5.27%, MSTR dropped 7.49%, and STRC traded as low as ~90.5 before drifting back toward par. The difference today: this time, the rest of the risk complex sold off with crypto. Here is what changed.