Why is crypto crashing today? ‘You have absolutely no idea what you own’

ambcrypto.com/why-is-crypto-crashing-today-you-have-absolutely-no-idea-what-you-own

$1B worth of positions were wiped out on the 5th of June.
- Profit-taking hit $1.5B per day, a trend that Glassnode flagged as a sign of local top.
Nearly $1 billion worth of crypto positions were wiped out on the 5th of June, as Elon Musk and President Donald Trump’s public spat spooked…

This story appeared on ambcrypto.com, 2025-06-07 01:11:40.129000.
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