$BTC continues to slide with no notable rebound. As of now, $BTC is trading at $65,167 and $ETH is trading at $1,827. Bitcoin dominance stands at 57.94%.
BitMine is launching a $300M preferred stock offering with a 9.5% dividend, joining a growing list of crypto treasury firms raising capital through yield-paying securities. The move comes as the company holds over 5.3M $ETH, highlighting the need for additional liquidity as crypto prices remain under pressure.
A few other headlines include: Hyperliquid's $HYPE overtaking Solana in price as $SOL falls to its lowest level since 2023, Bitcoin perpetuals now live on Kalshi, and Scott Bessent urging lawmakers to get behind the Clarity Act and pass the legislation this summer.
During the last 24 hours, the top three gainers were $WLD, $KOGE, and $ENA, while the top three losers were $JST, $UB, and $H.
