Bitcoin’s recent correction continues to shake market confidence, with the 
premier cryptocurrency enduring an intense selling pressure over the past 
several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with 
price now trading around the cycle bottom at $60,000. Despite the ongoing 
market weakness, it appears the latest decline may have pushed Bitcoin into 
one of its most attractive accumulation zones in years. Related Reading: 
Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target 
Says $10,000 Is Coming Power Law Model Produces Rare Bitcoin Undervaluation In 
a recent post on X, popular market analyst Darkfost highlighted a significant 
development in Bitcoin’s long-term valuation metrics. According to the 
analyst, the digital asset has now fallen into an extreme undervaluation zone 
based on the widely followed Bitcoin Power Law model. For context, the Power 
Law model is a long-term valuation framework that tracks Bitcoin’s growth 
trajectory. Rather than focusing on short-term price movements, the model 
attempts to measure whether Bitcoin is trading above or below its historical 
trend line. Notably, Darkfost reports that Bitcoin has now dropped below the 
model’s 4% quantile, i.e., the asset is trading at a valuation lower than 
approximately 96% of its historical observations relative to its long-term 
growth path. Historically, these periods below the 4% quantile level have been 
associated with deep market pessimism and heightened investor uncertainty. 
Related Reading: Analyst Who Predicted the Bitcoin Crash Says Price Could 
Reach $40,000, Here’s When Historical Trends Suggest Accumulation Opportunity 
According to Darkfost, periods of extreme undervaluation represent phases when 
investors should gradually increase exposure rather than reduce it. This 
observation is rooted in historical market behavior, where Bitcoin tends to 
rebound after reaching these undervaluation levels, as seen in 2016, 2020, and 
2022. However, it’s worth noting that the Power Law signal should not be 
interpreted as an indication of an immediate market reversal. Instead, the 
Power Law model is designed to assess long-term valuation conditions rather 
than short-term price direction. As a result, investors are encouraged to view 
it through a broader investment horizon and deploy their positions carefully. 
At the time of writing, Bitcoin is valued at $61,592, following a slight 1.95% 
gain in the last 24 hours. Meanwhile, the daily trading volume is down 56.14% 
to $31.21 billion. According to Coincodex analysts, the Fear &amp; Greed Index 
stands at 12, indicating market carnage with extreme fear and a dominant 
bearish sentiment. However, Coincodex analysts predict the market should 
rebound soon, with a projection of $69,489 next month. Featured image from 
Shutterstock, chart from Tradingview

Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin &#8230;

Bitcoin Reaches Deep Undervaluation Zone – Time To Get In?

Steve Jobs&#8217; preference for intuition over data shaped the revolutionary design 
of the iPhone.
The post Tony Fadell: Technology must enhance human capabilities, the iPhone&#8217;s keyboard debate shaped its success, and the importance of storytelling in product development | Lenny&#8217;s Podcast appeared first on Crypto Briefing.

Steve Jobs&#8217; preference for intuition over data shaped the revolutionary design of the iPhone. The post Tony Fadell: Technology must enhance human capabilities, the iPhone&#8217;s keyboard debate shaped its success, and the importance of storytelling in product development | Lenny&#8217;s Podcast appeared first on Crypto Briefing.

Tony Fadell: Technology must enhance human capabilities, the iPhone’s keyboard debate shaped its success, and the importance of storytelling in product development | Lenny’s Podcast

AI-designed vaccines could revolutionize pandemic preparedness, offering broad 
protection against future coronavirus outbreaks and spillovers.
The post University of Cambridge tests world-first AI-designed vaccine against 
coronaviruses appeared first on Crypto Briefing.

AI-designed vaccines could revolutionize pandemic preparedness, offering broad protection against future coronavirus outbreaks and spillovers. The post University of Cambridge tests world-first AI-designed vaccine against coronaviruses appeared first on Crypto Briefing.

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The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing 
momentum just weeks after clearing a key Senate committee, raising the risk 
that Washington’s first major digital asset rulebook slips deeper into an 
election year. Galaxy Digital lowered its estimate that the CLARITY Act will 
become law in 2026 to 60% from 75%, […]
The post CLARITY Act chances of passage this year falls to 60%, Galaxy Digital 
says appeared first on CryptoSlate.

The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key Senate committee, raising the risk that Washington’s first major digital asset rulebook slips deeper into an election year. Galaxy Digital lowered its estimate that the CLARITY Act will become law in 2026 to 60% from 75%, &#8230;

CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says

The directive fosters competition, diversifies AI innovation in national 
security, and enhances cybersecurity by integrating varied tech solutions.
The post Trump directs US national security agencies to engage multiple AI 
providers appeared first on Crypto Briefing.

The directive fosters competition, diversifies AI innovation in national security, and enhances cybersecurity by integrating varied tech solutions. The post Trump directs US national security agencies to engage multiple AI providers appeared first on Crypto Briefing.

Trump directs US national security agencies to engage multiple AI providers

Bitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught 
between a deeply oversold momentum reading on shorter timeframes and 
relentless selling pressure from moving averages across the daily chart. The 
technical picture this weekend is mixed but carries a clear bearish lean, with 
the $63,000 level standing as […]

Bitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as &#8230;

Bitcoin Reaches Deep Undervaluation Zone – Time To Get In?

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