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Bitcoin drops 10% in 48 hours and everyone is blaming Michael Saylor

DeFi Daily News by DeFi Daily News
June 3, 2026
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Bitcoin drops 10% in 48 hours and everyone is blaming Michael Saylor
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#bitcoin #crypto #stablecoins

In this episode of The Daily Wolf, Scott Melker explains why Bitcoin’s 10% selloff may have less to do with Michael Saylor and more to do with capital rotation. Scott breaks down Bitcoin, crypto markets, AI IPOs, Hyperliquid, stablecoins, tokenization, and the growing shift of money toward new crypto infrastructure and financial networks.

Timestamps
00:00 Bitcoin drops 10% in 48 hours
01:10 Why Michael Saylor isn’t the reason
02:20 The AI capital rotation theory
03:45 ETF outflows and leverage liquidations
05:30 Is the Saylor flywheel slowing down?
07:00 The technical case for a Bitcoin bottom
09:50 Mastercard expands stablecoin settlement
11:00 Why money is rotating inside crypto
11:40 Hyperliquid gains institutional momentum
12:20 Tokenized money market funds grow
13:00 The Clarity Act heads toward a vote
14:00 Crypto becomes a national security issue

#hyperliquid #tokenization #blockchain #clarityact #thedailywolf #yahoofinance
==
— Facebook: https://www.facebook.com/yahoofinance
— X/Twitter: https://x.com/YahooFinance
— Instagram: https://www.instagram.com/yahoofinance/
— TikTok: https://www.tiktok.com/@yahoofinance
— LinkedIn: https://www.linkedin.com/company/yahoo-finance

source

Tags: Bitcoinbitcoin crashbitcoin etfbitcoin priceBlamingblockchainclarity actcrypto infrastructurecrypto marketcrypto regulationDaily Wolfdigital assetsDropsfuture of financehoursHyperliquidmastercard stablecoinsMichaelmichael saylorSaylorstablecoinsstrategy bitcoinTokenizationtokenized assetsYahoo Finance
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