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Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Middle East Conflict Escalates Following Helicopter Downing Bitcoin on Wednesday appeared to shrug off overnight military exchanges between U.S. and Iranian forces, reclaiming the $62,000 level just hours after briefly slipping … Read more
Crypto ETF flows turned cautious again on Tuesday, June 9, as bitcoin ETFs posted a third straight day of outflows and ether funds slipped back into redemptions after Monday’s rebound. XRP and solana ETFs drew modest inflows, while HYPE products saw no trading activity. Bitcoin and Ether ETFs Lose $118M as XRP and Solana Draw … Read more
XRP’s 90-day network fee average has plunged 91.5%, with Glassnode data pointing to a sharp drop in real transaction demand despite earlier price strength. The trend suggests network activity has weakened considerably since the speculative surge, raising questions about the sustainability of underlying usage. XRP’s Fee Collapse Raises Questions About Real Network Demand XRP’s on-chain … Read more
Amid escalating geopolitical tensions in the Middle East, bitcoin briefly dropped below $61,000 before rebounding to trade around $61,700—marking a 2.9% daily loss and wiping roughly $30 billion off its market capitalization. Bitcoin Dips Amid Geopolitical Tremors On Tuesday, bitcoin reversed gains made 24 hours earlier, dipping below the $61,000 threshold amid heightened geopolitical tensions … Read more
XRP holders are increasingly taking losses as market sentiment weakens following the token’s earlier surge, according to Glassnode. The analytics firm said current investor behavior reflects “intense capitulation,” with losses now outweighing profits across XRP holder activity. Glassnode Data Shows XRP Holders Are Realizing More Losses Than Gains XRP investor behavior has shifted sharply since … Read more
Wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending markets into a sharp risk-off spiral. Markets Get Crushed The Nasdaq Composite shed 844 points, falling to 25,085, its steepest single-session drop since last week’s brutal selloff. The … Read more
On Tuesday, West Texas Intermediate crude oil dropped over 5% to around $89.13 a barrel, and Brent crude slid to $93 a barrel, reversing spikes triggered by recent Middle East tensions. Crude Prices Retreat From Recent Spikes The U.S. benchmark West Texas Intermediate (WTI) crude oil dropped below the $90-a-barrel threshold Tuesday as energy markets … Read more
Crypto ETF flows were split on Monday, June 8, as ether ETFs drew a strong $82.37 million inflow while bitcoin ETFs finished with a $91.37 million outflow. HYPE returned to positive flows, solana posted a small exit, and XRP ETFs saw no trading activity. Bitcoin ETFs Show Broad Demand Before IBIT’s $233M Exit Reverses Gains … Read more
Bitcoin successfully reclaimed the $64,000 threshold, reversing a brutal multi-day rout that had previously dragged it below $60,000. Bitcoin Reclaims $64,000 Amid Geopolitical Storm Bitcoin staged a resilient comeback, shrugging off a volley of escalating military exchanges between Israel and Iran to aggressively reclaim the $64,000 threshold. The cryptocurrency’s swift rebound offers a stark contrast … Read more
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew inflows while solana slipped back into redemptions. Bitcoin and Ether ETFs Lose $1.89B While … Read more