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Ethereum falls below $2,000 amid bearish pressure and institutional outflows.

Market News
02 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Ethereum dropped below the $2,000 mark, hitting an intraday low of $1,955 due to renewed selling pressure and negative sentiment. BitMine slowed its Ethereum purchases after surpassing its target supply share, holding $9 billion in unrealized losses. Institutional investors continue withdrawing from Ethereum ETFs in the U.S. for a third week, signaling hesitation. Key support at $1,909 is critical; a break below could lead to further declines toward $1,741 or lower.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
53 minutes ago
Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
3 hours ago
Producer prices fall, real wages rise; Fed rate hikes unlikely this year amid easing inflation.

Producer prices fall, real wages rise; Fed rate hikes unlikely this year amid easing inflation.

The producer price index (PPI) dropped by 0.3% in June following a slowdown in May, signaling easing inflation alongside a recent deflationary consumer price index (CPI) report. Real average hourly earnings rose 0.8% in June, marking the best wage ga...

Market News
Bullish
4 hours ago
US strikes Iran again; Trump confident IRGC is nearly defeated and boosts US defense production.

US strikes Iran again; Trump confident IRGC is nearly defeated and boosts US defense production.

President Donald Trump revealed that the US conducted another strike on Iran within 24 hours, aiming to dismantle the Iranian Revolutionary Guard Corps (IRGC), which he claims has lost about 90% of its weapons capabilities. Speaking at the Pennsylvan...

Market News
Neutral
4 hours ago
Ondo Finance token surges 5% on launch of first tokenized equities with DTCC and major partners

Ondo Finance token surges 5% on launch of first tokenized equities with DTCC and major partners

Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...

Market News
Bullish
4 hours ago
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