Bitcoin Holds $77K as Institutional Selling Ramps Up | Stock Market Today

Welcome to Stock Market Today — your market briefing with actionable insights on stocks, bonds, crypto, and the events moving markets. Let's get into it. Bitcoin holding seventy-seven thousand four hundred dollars as institutional selling ramps up. Coinbase premium hit monthly lows at negative point zero nine eight percent—U.S. institutional desks selling harder than retail. Spot Bitcoin ETFs hemorrhaging over two billion dollars since May twelfth. Long-term holder supply climbing past sixteen million BTC—classic accumulation pattern, but spot demand remains ice cold. India banned Polymarket following an April directive. Kalshi could be next by tomorrow. Authorities classify prediction markets as illegal online gaming. This follows Congress pushing the DEATH BETS Act after investigators flagged eighty bets with ninety-eight percent win rates on U.S.-Iran strikes—potential insider trading on classified military intel. Two point four million in suspicious profits. Mark Cuban sold most of his Bitcoin. The billionaire's disappointed—Bitcoin failed as a geopolitical hedge during Iran tensions while gold surged. Cuban held sixty percent BTC as of twenty twenty-one, now calling it a failed thesis. Price stuck near seventy-seven thousand. Implied volatility dropped to seven-month lows at thirty-eight percent. Four billion in short liquidations stacked above eighty thousand. Blockchain dot com filed confidentially for U.S. IPO. Ninety-five million wallets, one point one trillion in lifetime volume. Joins a cooling IPO market—BitGo down fifty-seven percent since January debut. But Tom Lee says SpaceX, OpenAI, and Anthropic IPOs won't crash the S&P. Family offices underweight equities after years in private markets, creating absorption capacity. Rotation underway. XRP ETFs pulled forty-two million in weekly inflows while Bitcoin and Ethereum funds bled. AI tokens pumping—NEAR up twenty-eight percent on dynamic resharding. Ethereum Foundation bleeding talent—eight departures in twenty twenty-six, Harvard dumped its entire eighty-seven million dollar ETH position. Macro backdrop: Brent crude back above one hundred and two dollars on Iran tensions. Thirty-year Treasury yields pushed above five percent. CPI jumped to three point eight percent, PPI at six percent. Fed rate hike odds for September now thirty-seven percent. That wraps your market intel — trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot dot i o.