BTC $62K Crash, Kraken xStocks & Hayes Dumps NEAR/HYPE

BTC $62K Crash, Kraken xStocks & Hayes Dumps NEAR/HYPE

From The Modern Market Show by The Modern Market Show

June 4, 2026 · 57 min

About this episode

The episode discusses the recent Bitcoin crash, Arthur Hayes' actions regarding NEAR and HYPE, and Kraken's new tokenized US IPO access.

In this episode, we discuss Bitcoin crashing to $62K, Arthur Hayes dumping his NEAR and HYPE positions, and Kraken launching tokenized US IPO access with xStocks. 00:00 Introduction 00:38 Crypto Headlines and Web3 Roundup 06:02 Crypto's Correlation To Stocks And IPO Summer 10:25 Maximal Attention And The TCG Meta 16:29 Who Is The Marginal Buyer 21:36 Why Cards Can't Catch A Bid 27:10 Bitcoin Outflows And Arthur Hayes Dumps NEAR And HYPE 31:44 Is It OK To Flip On A Conviction Call 37:38 How To Play A Dangerous June Market 41:14 Why Useful Tokens Beat Pure Speculation 45:45 IPO Summer SpaceX Anthropic And OpenAI 50:05 Going Back To Quality And Getting Risk Off 55:53 Surviving The Cycle By Opting Out DISCLAIMER: The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

People in this episode

Host: The Modern Market Show

Topics covered

  • Bitcoin crash
  • Kraken xStocks
  • Arthur Hayes
  • NEAR
  • HYPE
  • crypto market analysis
  • IPO summer

Keywords

  • Bitcoin
  • Kraken
  • NEAR
  • HYPE
  • xStocks
  • crypto
  • IPO
  • market analysis
  • Arthur Hayes

Mentioned in this episode

Organizations: Kraken

Products: NEAR, HYPE, xStocks

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