Crypto Market Cap Slips as SpaceX IPO Rotates Capital Into Stocks
2026-06-16 06:44:39
The total crypto market cap fell 0.48% in 24 hours to $2.23 trillion as risk capital rotated into equities after SpaceX listed last Friday and extended gains Monday. According to BeInCrypto, Bitcoin slipped 0.49% to $65,825, while Audiera (BEAT) dropped about 27% to near $4.00, extending a 67% slide from its June 12 peak near $11.55; the report said top holders control about 92% of BEAT supply. Separately, it noted attackers drained about $2.1 million from a deprecated Thetanuts Finance vault, with whitehats recovering roughly $2 million in option tokens, and said FIFA is running 2026 World Cup ticketing, loyalty and collectibles on a custom Avalanche blockchain, lifting AVAX nearly 8% in 24 hours.
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