<ul class="summary-bullets"><li>According to The Kobeissi Letter, more than $230 million in leveraged Bitcoin long positions were liquidated in just 60 minutes</li><li>On-chain analytics firm Glassnode said in a post on X that Bitcoin has retreated from the low-$80,000 region back toward the mid-$70,000 range as spot demand, ETF inflows, and volatility expectations continue to fade.</li><li>Trump said late Wednesday in a post on Truth Social that “America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong.”</li></ul>Bitcoin (BTC) slipped below $73,000 on Thursday to its lowest level in more than six weeks as macroeconomic jitters, exchange-traded fund (ETF) outflows, and liquidations in leveraged positions weighed on the broader cryptocurrency market, shortly after U.S. President Donald Trump doubled down on digital assets.&nbsp;The world’s largest cryptocurrency&nbsp;by market cap&nbsp;slid 3.5% to $72,885 during Asian trading hours, marking its weakest level since mid April. The second-largest token, Ether, fell more than 4.5% to $1,975.52, the lowest level in more than two months.&nbsp;Meanwhile, Trump had said late Wednesday in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://truthsocial.com/@realDonaldTrump/posts/116648950505497613">post</a> on Truth Social that “America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong.”<h2 class="st-heading-2">Heavy Liquidations, ETF Outflows Pressure Bitcoin</h2>The sharp fall comes amid rising investor concerns that the ongoing U.S.-Iran conflict could reignite inflationary pressures and potentially force the Federal Reserve to keep interest rates higher for longer.&nbsp;According to The Kobeissi Letter, more than $230 million in leveraged Bitcoin long positions were&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/KobeissiLetter/status/2059843856984572319">liquidated</a> in just 60 minutes.Meanwhile, Bloomberg&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2026-05-28/bitcoin-falls-to-five-week-low-amid-war-jitters-etf-outflows">reported</a> that spot Bitcoin ETFs in the U.S. have also faced persistent selling pressure, with net outflows totaling roughly $1.5 billion so far in May.On-chain analytics firm Glassnode said in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/glassnode/status/2059660330972701086">post</a> on X that Bitcoin has retreated from the low-$80,000 region back toward the mid-$70,000 range as spot demand, ETF inflows, and volatility expectations continue to fade. “Positioning has reset, but conviction remains limited,” the firm said.Glassnode analyst Chris Beamish said that Bitcoin volatility is being “crushed again,” with Deribit Bitcoin Volatility Index (DVOL), one of the most widely followed crypto indexes, hovering near 35, close to the lowest levels seen over the past year.<img src="https://news.stocktwits-cdn.com/Screenshot_2026_05_28_at_10_55_50_AM_png_ca1ba81224.webp" alt="Screenshot 2026-05-28 at 10.55.50 AM.png">“The market feels very boring right now… which is usually when the next big move starts brewing,” Beamish said in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/ChrisBeamish_/status/2059573949860647113">post</a> on X.<h2 class="st-heading-2">Trump Says ‘Will Never Let Crypto Down’</h2>Trump has been a vocal supporter of the crypto industry, repeatedly pledging to make the U.S. the “crypto capital of the world” and a global “Bitcoin superpower.”&nbsp;In his social media post on Wednesday, the president chastized former SEC Chair Gary Gensler for creating a hostile environment for crypto companies “Gary Gensler and the “Anti-Crypto Army” nearly DESTROYED the American Crypto Industry by driving Bitcoin, Crypto Perpetuals, and INNOVATION offshore, but ‘TRUMP' SAVED IT,” he said.&nbsp;“Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters. The new Frontier of Finance is being Built in America, and “TRUMP” will NEVER let Crypto down!”&nbsp;<h2 class="st-heading-2">What’s Retail Feeling About BTC?</h2>On Stocktwits, <a href="https://stocktwits.com/coins/btc">BTC</a> was top trending, even as sentiment retail slipped to ‘extremely bearish’ territory.&nbsp;Meanwhile, the&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="http://blackrock">iShares Bitcoin ETF</a>, BlackRock’s spot fund, slipped nearly 3% at the time of writing, while the <a href="https://stocktwits.com/coins/fbtc">Fidelity Wise Origin Bitcoin Fund (FBTC</a>) declined 2.7%, with retail sentiment in the ‘bearish’ territory for both.&nbsp;One bearish user said, “The money that could have been made on Bitcoin has already been made. Buyers are now just exit liquidity for early investors.”<stembedurl>https://stocktwits.com/Lowkeygenius/message/654589125</stembedurl>Another user said, “$BTC everyone knows that betting on AI is literally the opposite of betting on bitcoin.”<stembedurl>https://stocktwits.com/PaidBashar/message/654579362</stembedurl><a href="https://stocktwits.com/coins/bitcoin">Bitcoin</a> has declined 33% in the past 12 months.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com

Wrapped Bitcoin logo displayed on a phone screen and representation of Bitcoin are seen in this illustration photo taken in Krakow, Poland on June 10, 2022. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

Bitcoin Dips Below $73K To Six-Week Low Even As Trump Declares US ‘Crypto Capital Of The World'

The world’s largest cryptocurrency fell 3.5% to $72,885 during Asian trading hours, marking its weakest level since mid April. 

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Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the provision of consumer space experience using reusable spaceflight systems. The firm is also involved in designing, developing, and manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems. The company was founded on May 5, 2017 and is headquartered in Tustin, CA.

Virgin Galactic Holdings Inc - Ordinary Shares - Class A

Virgin Galactic Holdings Inc

Virgin Galactic is rallying as retail investors flock to the stock, fueled by intense momentum and viral speculation surrounding the upcoming SpaceX IPO. The community is actively discussing a potential short squeeze and high-volume trading activity, with many drawing parallels to past meme stock frenzies.

Astrotech Corp. engages in the mass spectrometry company that launches, manages and commercializes scalable companies based on its innovative core technology through its wholly-owned subsidiaries. Its business units include 1st Detect, BreathTech, and AgLab. The company was founded in 1984 and is headquartered in Austin, TX.

Astrotech Corp

Astrotech Corp is experiencing an intense short squeeze characterized by massive, high-volume price surges and multiple trading halts. The community is heavily focused on the stock's low float, with vocal debates between retail traders pushing for further gains toward triple digits and skeptics warning of an imminent collapse.

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

AST SpaceMobile Inc - Ordinary Shares - Class A

AST SpaceMobile Inc

AST SpaceMobile is seeing significant volatility after a launchpad explosion involving Blue Origin sparked broad sector sell-offs, though investors remain divided on the long-term impact to the company's satellite deployment timeline. While bears are highlighting potential delays in meeting launch targets, the 

Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. It operates through following segments: Automotive, Software and Services. The company was founded by Robert J. Scaringe in June 2009 and is headquartered in Irvine, CA.

Rivian Automotive Inc - Ordinary Shares - Class A

Rivian Automotive Inc

Rivian is seeing increased investor activity as the company prepares for the June launch of its R2 model and works to expand its production and software footprint. Community discourse remains divided between long-term bulls highlighting recent production milestones and partnerships, and skeptics focused on broader market volatility and questions regarding profitability timelines.

Paramount Skydance Corp. is a next-generation global media and entertainment company that engages in providing content creation and distribution services. It operates through the following business segments: Studios, Direct-to-Consumer, and TV Media. Its portfolio unites brands including Paramount Pictures, Paramount Television, CBS, CBS News, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount Plus, Pluto TV, and Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions. The company was founded on June 3, 2024 and is headquartered in New York, NY.

Paramount Skydance Corp. - Ordinary Shares - Class B

Paramount Skydance remains a focal point for investors as the company moves toward the potential mid-summer closing of its Warner Bros. Discovery acquisition, with community discussion currently centered on antitrust regulatory signals and the long-term value of warrant structures. Market participants are actively debating the timing of this merger and its potential impact on future content synergies, despite persistent skepticism regarding the stock's recent price action.

Dell Technologies, Inc. is a technology company, providing customers with a broad and innovative solution portfolio to help customers modernize their information technology (IT) infrastructure, address workforce transformation, and offer critical solutions that keep people and organizations connected. It operates through the following segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment includes designs for commercial and consumer customers of desktops, thin client products, and notebooks. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

Dell Technologies Inc - Ordinary Shares - Class C

Dell Technologies Inc

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Keel Infrastructure Corp. engages in building artificial intelligence focused data centers and energy assets. It focuses on infrastructure and energy required to support high-performance computing and artificial intelligence workloads. The company was founded on April 1, 2026 and is headquartered in New York, NY.

Keel Infrastructure Corp.

Keel Infrastructure Corp

Keel Infrastructure Corp is drawing significant investor attention as the community anticipates major hyperscale data center lease announcements that are expected to serve as a key catalyst for growth. Discussions are focused on the company's strategic pivot toward high-performance AI infrastructure and the potential for a major re-rating, with many bulls comparing its trajectory to other successful infrastructure plays.

BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provide its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The firm operationalizes artificial intelligence and machine learning at scale through its end-to-end data analytics platform. It deploys its observe, orient and dominate products to customers throughout the defense, intelligence, and commercial markets. The company was founded in 2020 and is headquartered in McLean, VA.

BigBear.ai Holdings Inc

BigBear.ai is seeing significant market interest as investors react to high short interest and anticipation of potential upcoming contract announcements. Community sentiment is overwhelmingly bullish, with many participants viewing the current price action as a long-awaited reversal supported by growing institutional holdings and broader momentum in the AI sector.

UiPath, Inc. engages in the development and provision of a software platform to automate business processes. The firm serves the public, healthcare, telecommunication, finance, and banking industries. It also offers accounts payable automation, claims processing automation, contact center automation, and finance and accounting automation. The company was founded by Daniel Dines and Marius Tirca in 2005 and is headquartered in New York, NY.

UiPath Inc - Ordinary Shares - Class A

UiPath Inc

UiPath is experiencing significant volatility following a mixed Q1 report, as investors weigh a beat on revenue and raised guidance against a slight EPS miss and lukewarm communication on the earnings call. The community remains deeply divided, with many long-term holders pointing to robust cash reserves, GAAP profitability, and a high short interest as catalysts for a potential squeeze, while others express frustration over the stock's lack of upward momentum relative to broader software sector gains.

Robinhood Markets, Inc is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company was founded by Vladimir Tenev and Baiju Prafulkumar Bhatt in 2013 and is headquartered in Menlo Park, CA.

Robinhood Markets Inc - Ordinary Shares - Class A

Robinhood Markets Inc

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