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Bitcoin stabilized after falling from $64,400 to $61,800 yesterday, currently trading at around $62,600. Coinglass data shows the total liquidation amount across the network over the past 24 hours is approximately $283 million, with long positions accounting for 74%. Binance’s liquidation heatmap indicates $61,300 is a key lower liquidation level. Market analysis believes the sharp slump in South Korea’s stock market is driving some capital to flow back into the crypto market. The KOSPI index has dropped by about 10% cumulatively since last Friday. Wu Blockchain data shows that impacted by this, the trading volume of South Korean exchange Upbit surged by 1426%, reflecting that some investors are shifting from the stock market to crypto assets. Additionally, altcoins showed mixed performance: LIT and ENA both rose by around 5.7%, NEAR increased by 3.3%, FET gained 1.7%; JUP and WLFI fell by 1.5% and 0.5% respectively. CoinMarketCap’s "Altcoin Season Index" has now risen to 54, ending its long-term state below 50.

Dragonfly Managing Partner Haseeb Qureshi stated that earlier market fears of an AI-driven DeFi "hacker apocalypse" have not materialized. Data shows that while the number of hacking incidents hit a new high in 2026, the median loss per attack has fallen below $500,000, down from over $2 million in 2025. Qureshi argues that AI-enabled attackers are currently targeting mostly small protocols with weak security, while large DeFi protocols have gradually beefed up their defenses. Excluding the 2025 Bybit hack and major attacks like those on KelpDAO and Drift Protocol in 2026, the average monthly stolen funds this year remain lower than last year. However, blockchain security firm CertiK noted that the crypto industry’s hacking-related losses in the first half of 2026 fell 46.8% year-over-year to $1.32 billion, a drop that does not reflect a significant improvement in industry security. CertiK explained that last year’s figures were heavily skewed by the $1.4 billion Bybit breach, while over 70% of Q2 2026 losses still stemmed from attacks on KelpDAO and Drift Protocol—incidents widely attributed to North Korean hacking groups.

An individual Bitcoin miner has successfully mined Bitcoin’s 957382nd block independently using a Bitaxe mining rig priced at under $200, earning a 3.125 BTC block reward valued at roughly $200,000 based on current prices. The rig has a hash rate of around 1 TH/s, accounting for only a tiny portion of the global Bitcoin network’s total hash rate. Mining pool Public Pool noted that this is an extremely low-probability independent mining success, demonstrating that low-cost mining hardware still has the potential to secure full block rewards. Data shows this marks the 12th Bitcoin block mined independently by individual miners since 2026. Over the past 12 months, 24 blocks have been mined independently by individual miners, a 41% year-on-year increase, with cumulative rewards totaling 75.4 BTC, worth approximately $4.7 million.

The Financial Times has cited sources familiar with the matter as saying that DeepSeek has begun approaching new investors and is considering launching a second round of financing. The company is targeting a pre-money valuation of around $71 billion. The plan is still in early discussions, and DeepSeek has not yet responded to requests for comment. DeepSeek completed its first round of financing at the end of May, raising approximately $7 billion, with a post-money valuation of around $52 billion. Founder Liang Wenfeng personally invested about $3 billion. Investors in the round include Tencent, CATL, JD.com, and NetEase, among others. The new funds will be used to build its own data centers, purchase AI chips, and expand its team. The company is ramping up efforts in AI Agents, leading to rising computing power demands.

Trader Max Crypto stated that Bitcoin’s two-month Stochastic RSI has historically confirmed market bottoms during the 2014, 2018, and 2022 bear markets, when the indicator saw a bullish crossover and retreated to 0. He predicts this pattern "will repeat in 2026." TradingView data shows Bitcoin’s two-month Stochastic RSI currently stands at 4.81, after falling into the oversold zone (below 30) in March this year—its lowest level in over three years. Separately, multiple analysts are continuing to track bullish signals from the traditional RSI indicator. Trader BitcoinHyper pointed out that Bitcoin’s daily RSI has formed a bullish divergence with the S&P 500 index; Trader Osemka noted that Bitcoin’s daily RSI dipped to 15 in early June, an extremely rare oversold level historically, matching the performance near previous bear market bottoms, though a deeper pullback before finalizing its bottom formation remains possible.

Investment bank KeyBanc released a new research report, raising the target prices of multiple AI chip-related companies. Specifically, it lifted Micron Technology (MU)’s target price from $1,600 to $1,750; sharply hiked Arm (ARM)’s target price from $300 to $430; and raised NVIDIA (NVDA)’s target price from $310 to $330.