LAB surged more than 40% in a single day and reached a new all-time high of $20, extending its gains to about 90% over two days. The move followed the launch of a buyback program that used $3.401 million in protocol fees to repurchase 22.644 million LAB, alongside rising open interest and over $17 million in 24-hour short liquidations.

Ethereum (ETH) fell 5.5% intraday on Tuesday, breaking below $1,900 for the first time since late February and touching a two‑month low of $1,880. Analysts tracking chart patterns said the pullback could extend, with key levels cited around $1,850, $1,825 and the 2026 lows near $1,750.

Pushed lower by an unprecedented 19-day streak of spot ETF outflows and a hawkish Fed landscape under Kevin Warsh, Bitcoin (BTC) tests its critical ascending support. Read our professional technical and structural market analysis.

Internet Computer (ICP) posted a double-digit gain even as the broader crypto market logged about $53 billion in outflows over the past 24 hours. Derivatives data showed Open Interest topping $15 million with a positive weighted funding rate, while spot flows pointed to five days of accumulation totaling $5.67 million ahead of the move. The Long/Short Ratio reached 1.12 for the first time since April 18, with buying leading on most major exchanges except Binance.

Bitcoin slipped under $70,000 for the first time since April 7, extending weakness into early June and falling nearly 5% over the last 24 hours to around $69,400. The move triggered heavy derivatives shakeouts, with BTC contracts seeing $445 million in liquidations during the same 24-hour window and long positions making up more than 95% of the total.

The global digital asset market experienced a sharp programmatic shakeout over the last 24 hours, with Ethereum (ETH) bearing the brunt of high-beta liquidations. ETH slumped 9.21% in 24 hours, skidding down to $1,816.42 amid an intense wave of derivatives volume that topped $71.60 billion. The digital asset’s market capitalization settled at $219.35 billion.

Strategy Inc. Class A (NASDAQ: MSTR) closed regular trading hours on June 2, 2026, down 9.15% at $136.08, with a marginal post-market slide bringing shares to $134.98. This aggressive drop places the premier Bitcoin treasury firm more than 70% off its 52-week high of $457.22.

On Wednesday, a House of Lords committee urged the UK to advance stablecoin oversight while avoiding measures that could suppress the nascent market for pound sterling-pegged tokens. The panel warned that overly restrictive requirements—such as proposed caps on wallet holdings and forcing issuers into zero-interest central bank deposits—could undermine competitiveness and leave the UK trailing the US and EU.