AI Sector Token Surges Against the Trend, WLD Up Over 39% in 24 Hours

On June 4, Bitget market data showed Broadcom’s stock dropped more than 13% in after-hours trading. The decline follows the company’s lower-than-expected AI chip revenue forecast, signaling it is making slower progress in capturing a larger share of the fast-growing AI sector than the market had anticipated. In a Wednesday announcement, Broadcom projected AI semiconductor revenue of $16 billion for its third quarter ending in July. This figure is below the average analyst estimate of $17.2 billion, according to market data. CEO Hock Tan added that for the full fiscal year ending in October, Broadcom’s AI chip sales are forecast to reach $56 billion—down from the prior average analyst consensus of $57.6 billion.

June 4 – HTX market data indicates Bitcoin fell below $64,000, now trading at $63,950, with a 4.43% decline in the last 24 hours.

On June 4, per data from Coinglass, if Bitcoin drops below $62,000, the total long liquidation volume on major centralized exchanges (CEXs) will reach $6.09 billion. Conversely, if Bitcoin rises above $66,000, total short liquidations across major CEXs will hit $3.76 billion. BlockBeats Notes: The liquidation chart does not show the exact number of contracts set to liquidate or the precise value of contracts being liquidated. The bars on the chart represent the relative importance of each liquidation cluster compared to adjacent clusters—this is what "liquidation strength" refers to. Therefore, the chart demonstrates how much a certain asset price level will impact the market: a higher "liquidation bar" means hitting that price point will trigger a more intense reaction due to a liquidity cascade.

June 4 — South Korea’s Finance Minister voiced concern over growing leveraged stock investments, noting that actions will be implemented to counter any “herd behavior” in the nation’s financial markets. Adjustments to foreign investors’ portfolios are identified as a key driver behind volatility in South Korea’s stock market. (Kris10)

June 4 – Per Onchain Lens monitoring, a newly created crypto wallet pulled 180,000 HYPE from Coinbase five hours ago, with the transfer valued at roughly $13.4 million. Separately, three wallet addresses likely belonging to the same entity withdrew 557,406 HYPE from Kraken for around $41.53 million, and have since staked these tokens.

June 4 – Per Bitget market data, the Nikkei 225 Index opened 442.74 points lower on Thursday, shedding 0.65% to hit 67,959.39 points. South Korea’s KOSPI Index, meanwhile, opened 170.78 points lower, dropping 1.94% to 8,630.71 points.