Black Thursday in the Crypto Market as Bitcoin Downtrend Continues, US Stock Market Major Indexes Close Lower

BlockBeats News, June 4th, according to HTX market data, Bitcoin fell below $65,000, currently trading at $64,609, with a 24-hour decrease of 2.8%. In the past 24 hours, the total value of liquidated positions across the entire network reached $984 million, with long liquidations totaling $804 million and short liquidations totaling $180 million.

This morning, the Iranian military claimed to have just struck a U.S. military command ship, and Iran has not yet sent its response to the latest U.S. draft to Washington. Trump stated that he is working to reach an agreement with Iran, the negotiations with Iran are proceeding "very smoothly," and the agreement could be reached this weekend. The U.S. House of Representatives passed a resolution to restrict Trump's military actions against Iran, but the resolution is unlikely to be implemented.

Furthermore, according to Bitget market data, the U.S. stock market closed on Wednesday with the Dow down 1.2%, the S&P 500 down 0.7%, and the Nasdaq down 0.89%. Microsoft (MSFT.O) and Nvidia (NVDA.O) both fell by over 3%.