Bitcoin fell below $60,000 and is down nearly 20% this month. The total crypto market cap has dropped from $4.3 trillion in October to $2.0 trillion today. Strategy shares sank to their lowest level in more than two years as concerns mounted over its large Bitcoin holdings. Stocks were mixed as oil prices slid, Micron fell, and traders awaited the chipmaker’s earnings after the bell.

Alphabet (GOOGL, GOOG), Google’s parent company, is set to enter the Dow Jones Industrial Average before trading starts on June 29, replacing Verizon (VZ). S&P Dow Jones Indices, owned by S&P Global (SPGI), oversees the index and made the change. The move reflects the Dow’s push for greater exposure to areas such as AI, cloud computing and digital advertising where investors have been concentrating their bets.

SpaceX ($SPCX) is selling $25 billion of bonds to institutional investors, and retail buyers are still lining up even though the company is offering higher yields than similarly rated borrowers. The deal was initially set at $20 billion, but bankers increased it by $5 billion after demand surged. By about noon on Tuesday, orders were nearly $90 billion.

Alphabet (GOOG, GOOGL) shares fell as investors weighed a fresh wave of high-profile departures from Google’s AI ranks, intensifying competition in the sector. The stock was down by approximately 7 percent by the closing bell on Monday, its biggest one-day drop in about a year. Investors are also focusing on whether heavy AI investment will pay off as models become cheaper and more interchangeable.

SpaceX shares extended their pullback as the initial wave of IPO buying cooled and traders began focusing on a larger supply of stock expected later. The stock fell 3.57% on Thursday after dropping 5% on Wednesday. The move ended a volatile run that had quickly lifted the company into the top tier of global market values after its listing.

Andrew Tate lost about $95,478 on a leveraged Bitcoin trade and was liquidated eight times on Hyperliquid within 24 hours, Arkham Intelligence reported. The kickboxer closed a losing long position on June 17 and then quickly returned with another large bet. His next trade was a 40x Bitcoin short worth roughly $934,000. The loss drew attention to his activity on the decentralized derivatives platform.

Investors have rotated back into US assets as expectations grow that the US economy will outpace Europe and Asia, supported by AI-related spending, firm hiring, and relatively high rates. The shift has reshaped views on the Federal Reserve, with futures pricing pointing to a 0.25% increase by March next year and money-market odds for a hike this year near 80%.

G7 leaders agreed to step up measures aimed at cutting Russia’s energy income, as they prepared new action against oil and gas sales that help fund Vladimir Putin’s war. The agreement was reached during talks in Évian-les-Bains, where French President Emmanuel Macron is hosting the group through Wednesday. Ukrainian President Volodymyr Zelenskyy joined the discussions, while Britain and Canada announced sanctions.

OpenAI is asking investors to look past a heavy cost base as it moves toward a stock market debut. The ChatGPT owner spent $34 billion in 2025 and generated about $13 billion in revenue. It reported a $39 billion loss for the year. Costs were driven by building new systems, purchasing computing power, and operating data centers.