Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin falls to $72,000, key $71,000 support crucial for market outlook

Market News
01 Jun 2026
Benzinga
View Source
Bearish
pluang ai news

Bitcoin dropped to around $72,000 after failing to break resistance near $82,000-$83,000. Analysts say the $71,000-$73,000 support zone is critical to maintain a bullish market structure; falling below could lead to a prolonged sideways phase. Bitcoin's relative weakness compared to stocks and AI sectors makes it less attractive for traders seeking momentum. A daily close above $78,000 could signal a stronger rally ahead.

More News (BTC)

XRP investment products see $20M inflow, outperforming Bitcoin and Ethereum last week.

XRP investment products see $20M inflow, outperforming Bitcoin and Ethereum last week.

XRP investment products recorded a net inflow of about $20.3 million last week, surpassing Bitcoin and Ethereum, which faced net outflows of $1.438 billion and $257.3 million respectively. XRP's total assets under management rose to approximately $2....

Market News
Neutral
4 hours ago
XRP ETFs see strongest inflows of 2026 in May, while Bitcoin and Ethereum funds face heavy outflows.

XRP ETFs see strongest inflows of 2026 in May, while Bitcoin and Ethereum funds face heavy outflows.

In May 2026, XRP exchange-traded funds (ETFs) attracted $131.94 million in net inflows, marking their best monthly performance of the year despite XRP's weak spot price and overall market volatility. Meanwhile, Bitcoin and Ethereum funds experienced ...

Market News
Bullish
5 hours ago
Cryptocurrency prices mostly fall with notable drops in Bitcoin and Binance Coin.

Cryptocurrency prices mostly fall with notable drops in Bitcoin and Binance Coin.

Cryptocurrency prices show a general downward trend, with Bitcoin falling 2.28% to $72,129 and Binance Coin dropping 4.11% to $693.65. Other major coins like Ethereum and XRP also declined, signaling cautious market sentiment. Some smaller tokens lik...

Market News
Bearish
5 hours ago
Crypto investment products see $1.67B outflows, Bitcoin funds hit largest 2026 weekly exit

Crypto investment products see $1.67B outflows, Bitcoin funds hit largest 2026 weekly exit

Crypto investment products experienced $1.67 billion in outflows last week, marking the third consecutive week of losses. Bitcoin funds led the sell-off with $1.44 billion withdrawn, the largest weekly outflow for Bitcoin in 2026, causing total asset...

Market News
Bearish
5 hours ago
Bitcoin faces potential 86% crash to $10,000 as Bloomberg signals major sell-off amid market shifts.

Bitcoin faces potential 86% crash to $10,000 as Bloomberg signals major sell-off amid market shifts.

Bloomberg Intelligence warns of a possible 86% crash in Bitcoin, predicting a drop to around $10,000 due to a breakdown in its historical correlation with the S&P 500. Bitcoin's recent decoupling from the stock market and the collapse of the Bloomber...

Market News
Bearish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App