Bitcoin Slides Again as Regulation, Perps and SpaceX Crash Shake Crypto Markets

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Bitcoin slides again as the crypto market faces a major test, with its two-month winning streak now at risk and sentiment turning cautious across the board.In today’s Daily Crypto Roundup, we break down why Bitcoin is struggling while stocks push higher, what the Clarity Act debate means for U.S. crypto regulation, and why the CFTC opening the door to regulated crypto perpetual futures could become a major long-term development for the market.We also cover the sharp SpaceX pre-IPO synthetic market crash on Hyperliquid, the risks around leveraged pre-IPO crypto products, and Bitcoin dropping out of the global top ten assets by market cap as gold, silver and the Magnificent Seven continue to surge.This is a professional look at today’s crypto market shakeout, what it means for Bitcoin, why regulation matters, and whether this is a warning sign or simply another reset before the next major move.Not financial advice. Crypto trading involves risk and may not be suitable for everyone.