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Bitcoin and ether start June lower amid US-Iran tensions; Stellar's XLM jumps 40% on Wall Street blockchain deal.

Market News
01 Jun 2026
Coindesk
View Source
Bearish
Bitcoin and ether start June lower amid US-Iran tensions; Stellar's XLM jumps 40% on Wall Street blockchain deal.

Crypto markets opened June with declines as US-Iran tensions weighed on sentiment, pushing bitcoin and ether down about 1%. Despite $2.97 billion outflows from spot bitcoin ETFs, derivatives data suggest stable institutional risk appetite. Stellar's XLM surged over 40% after DTCC chose its network for a tokenized securities platform, marking a key step in Wall Street's blockchain strategy. US stock futures rose slightly, reflecting mixed risk sentiment amid geopolitical concerns.

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