
Bitcoin fell 7% after failing to reclaim $67,200, triggering $330 million in liquidations. The drop occurred while the Nasdaq 100 traded near its all-time high, signaling decoupling. Demand for bullish leveraged Bitcoin positions faded since June 4, raising the odds of a retest below $60,000.
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Jim Cramer: SaaS Stocks Like Zscaler Out of Favor