{"id":99076,"date":"2026-06-07T00:18:09","date_gmt":"2026-06-07T00:18:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=99076"},"modified":"2026-06-07T00:18:09","modified_gmt":"2026-06-07T00:18:09","slug":"as-crypto-prices-crash-two-key-metrics-suggest-a-rebound-is-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=99076","title":{"rendered":"As Crypto Prices Crash, Two Key Metrics Suggest A Rebound Is Coming"},"content":{"rendered":"<div>\n<p>Crypto prices continued their strong downtrend Saturday, with <strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) crashing to a low of $59,163, its lowest level since 2024, and 52% from its all-time high. The crypto market cap has plunged from over $4 trillion to $2.1 trillion today.<\/p>\n<h2 class=\"wp-block-heading\">Crypto Prices Have Plunged as AI Demand Jumps<\/h2>\n<p>The main reason behind the ongoing crypto market crash is that attention among investors has been on the <a href=\"https:\/\/www.benzinga.com\/Opinion\/26\/06\/53040494\/money-is-flowing-into-ai-stocks-while-bitcoin-liquidates\">artificial intelligence (AI) industry<\/a>. Data shows that most AI stocks like <strong>Sandisk <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/SNDK\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"SNDK\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/SNDK\">SNDK<\/a>), <strong>Micron <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/MU\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"MU\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MU\">MU<\/a>), <strong>Intel <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/INTC\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"INTC\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/INTC\">INTC<\/a>), and <strong>Seagate Technology <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/STX\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"STX\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/STX\">STX<\/a>) have soared to a record high.<\/p>\n<p>Another sign for this is that the <strong>Roundhill Memory ETF <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/DRAM\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"DRAM\" data-exchange=\"CBOE\" rel=\"noopener\">(CBOE: DRAM)<\/a> soared to a record high. It has added over $15 billion in assets under management (AUM), making it the fastest-growing ETF ever. Also, space-related ETFs like <strong>UFO <\/strong>and <strong>NASA <\/strong>have added major assets ahead of the SpaceX IPO.\u00a0<\/p>\n<p>This demand has happened at a time when demand for spot Bitcoin, Ethereum, and gold has waned. <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/52967781\/bitcoin-etfs-sell-500m-during-btc-implosion-to-67000-how-low-can-crypto-go\">Bitcoin ETFs have &#8230;<\/a><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/26\/06\/53048057\/as-crypto-prices-crash-two-key-metrics-suggest-a-rebound-is-coming?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"As\" crypto prices crash two key metrics suggest a rebound is coming>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto prices continued their strong downtrend Saturday, with Bitcoin (CRYPTO: BTC) crashing to a low of $59,163, its lowest level since 2024, and 52% from its all-time high. The crypto market cap has plunged from over $4 trillion to $2.1 trillion today. Crypto Prices Have Plunged as AI Demand Jumps The main reason behind the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-99076","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99076"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99076\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}