The Wolf Of All Streets

Bitcoin CRASHES To $65K As Wall Street Flees Crypto For SpaceX!

June 3, 2026·27 min
Episode Description from the Publisher

Bitcoin just decoupled from the Nasdaq — crashing to $65,385 (lowest level since February) while the Nasdaq 100 prints a fresh all-time high — and the Fear & Greed Index has cratered to 11, the deepest reading of the entire cycle. The thesis: capital is rotating aggressively out of crypto and into the $350 billion equity raise pipeline (SpaceX's roadshow opens tomorrow, Anthropic just confidentially filed at a stunning $965B valuation, OpenAI is next). Add Peter Schiff warning Strategy's STRC could enter a "death spiral," Saylor quietly stacking $29M in cash alongside his first BTC sale since FTX, Tom Lee's Bitmine down $8.9B, and the CLARITY Act facing a brutal 4-week window before Senate recess — and today's setup is the cleanest macro inflection we've seen this cycle. We break down whether the Nasdaq decoupling is structural or temporary, what the IPO drain means for crypto liquidity through summer, and what catalysts could pull Bitcoin out of tech's shadow before $60K comes into play. Learn more about your ad choices. Visit megaphone.fm/adchoices

Podzilla Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of The Wolf Of All Streets and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.