Daily Market BriefJun 3, 2026

Daily Market Brief 260603

Profile Peter
Peter Chung
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Nicholas Koh
  • $BTC fell sharply over the past 24 hours, breaking below $67,000. As of now $BTC is trading at $66,739 and $ETH is trading at $1,859. Bitcoin dominance stands at 58.62%.

  • Galaxy launched an OTC prediction markets desk for institutions, offering access to event contracts across Kalshi and Polymarket. The firm completed a $10M trade tied to U.S. crypto legislation with Arca, highlighting institutional demand for liquidity around political, macro, and regulatory outcomes.

  • A few other headlines include: the U.S. Treasury blacklisted Iranian crypto exchanges including Nobitex and Wallex, Coinbase Ventures bought $ENA ahead of Ethena’s savings product launch for Coinbase users, and Mt. Gox moved 10,422 $BTC worth about $739M to a new wallet.

  • During the last 24 hours, the top three gainers were $LIT, $PIEVERSE, and $GENIUS, while the top three losers were $UB, $FF, and $ETHFI.

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