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Analyst: Bitcoin Key Upside Target Price Around $93,000

59 minutes ago

On May 6th, a CryptoQuant analyst noted that $93,000 is a critical upward target for Bitcoin. The CME gap isn’t a guarantee—rather, it’s a signal: these gaps represent a zone where trading positions, liquidity, and market psychology intersect, making it a key reference point for future price action.
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The whale has closed its BTC short position after achieving the first of its ten big goals, expecting a loss of $610,000.

On-chain analyst Ai Whale (@ai_9684xtpa) reported on May 6 that the crypto whale behind the handle "Setting 10 Big Goals First" (@Jason60704294) opened a new short position yesterday afternoon: 501.65 BTC, entering at $80,837.9 per BTC for a total value of $40.55 million. The whale has already closed this position, with an estimated loss of $610,000 on the trade. Additionally, the crypto community is speculating that a 2,355.56 BTC short position on Binance—executed at roughly $80,835 per BTC (valued at $190 million)—belongs to the same whale. If confirmed, the loss on that position would total $2.867 million.

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Benchmark lowers the Strategy's target price from $705 to $570.

On May 6, investment firm Benchmark cut its strategic target price from $705 to $570.

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Hasset: Actively Exploring Potential Executive Order on AI and Business, Will Provide Clear Roadmap on Artificial Intelligence

FXStreet: On May 6, the Director of the White House National Economic Council, Hassett, said: “We’re exploring a potential executive order on AI and business. The order will lay out a clear roadmap for artificial intelligence. The Mythos model has revealed vulnerabilities we previously overlooked.”

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Bitget has launched exclusive fee discounts for contract market makers, with fees as low as 0.0065% for stock and precious metal contracts.

On May 6, Bitget announced exclusive fee discounts for contract market makers to boost market liquidity and enhance user trading experience. The discounts cover stock, precious metals, commodity, and index contract pairs. For these pairs, the taker fee is uniformly set at 0.0065%. The promotion runs through June 30. For full details, refer to Bitget’s official platform.

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Global Index Hits Successive Record Highs, Multiple Assets Reach All-Time Highs

On May 6, Bybit TradFi market data shows global markets opened strong, with three key indices hitting all-time highs: - S&P 500 (SP500): 7,301.63 - Nasdaq 100 (NAS100): 28,323.05 - Nikkei 225 (Nikkei225): 61,501.50 Most other indices are currently posting solid gains: - SA40: +2.23% - SWI20: +1.70% - GER40: +1.50% - FRA40: +1.48% Market volatility creates endless opportunities. Bybit TradFi now offers a full asset class matrix, supporting not only commodities like gold and oil, but also 12 popular indices and nearly 300 U.S. stock products. Log in to Bybit TradFi today to seize the optimal window for global asset allocation.

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U.S. Stock Futures Surge Over 1%, AMD Skyrockets Over 20%

On May 6, per Bitget data, the three major U.S. stock index futures all climbed more than 1%, with Nasdaq futures extending their gains to 1.7%. AMD surged more than 20%, Qualcomm over 7%, Intel nearly 7%, and Micron Technology over 6%.

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When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

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A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

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