TechFlow News: On June 2, according to CoinDesk, Bitcoin dropped below $70,000 on Tuesday—the lowest level since April 7. The report noted that market sentiment came under pressure after Strategy sold $2.5 million worth of Bitcoin; additionally, $30 million worth of Bitcoin was transferred to a Coinbase Prime wallet last week, raising concerns about potential further selling pressure.
Meanwhile, the AI sector bucked the trend and strengthened, with Humanity Protocol (H) surging 18% over 24 hours and Near Protocol (NEAR) rising 14.5%. Separately, reports indicate that the total value locked (TVL) across DeFi has declined to approximately $78 billion—the lowest level since October 2024.
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