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

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
pluang ai news

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.

More News (BTC)

Bitcoin price risks a sharp drop, potentially falling to $44,700 amid a breaking bear flag pattern.

Bitcoin price risks a sharp drop, potentially falling to $44,700 amid a breaking bear flag pattern.

Bitcoin's price is currently testing critical support levels as a small bear flag pattern breaks down, threatening a significant decline. The price is near the bottom of a 4-month bear flag and may soon fall below the 100-day moving average, with a p...

Technical Signals
Bearish
5 hours ago
Bitcoin falls below $72K as ETF outflows, rising oil prices, and US-Iran tensions weigh on market.

Bitcoin falls below $72K as ETF outflows, rising oil prices, and US-Iran tensions weigh on market.

Bitcoin has entered a bearish channel after slipping below key support near $72,000 amid over $2.4 billion in spot ETF outflows, rising oil prices above $90, and renewed US-Iran military tensions. These factors have increased market uncertainty and s...

Market News
Bearish
5 hours ago
Bitcoin holds key $72,754 level; losing it risks a 10% drop to $66,798

Bitcoin holds key $72,754 level; losing it risks a 10% drop to $66,798

Bitcoin price is currently holding at the critical $72,754 level after breaking down from a bearish head and shoulders pattern on May 28, which typically signals a 10% decline. Despite the breakdown, selling volume has decreased, allowing buyers to d...

Technical Signals
Bearish
7 hours ago
Crypto market faces liquidity drought as $1.2B exits Binance stablecoins in May amid rising bond yields.

Crypto market faces liquidity drought as $1.2B exits Binance stablecoins in May amid rising bond yields.

The crypto market is experiencing a liquidity drought with $1.81 trillion in market cap lost and $1.2 billion exiting Binance stablecoins in May, reversing earlier inflows. This signals growing investor caution amid global instability driven by West ...

Market News
Bearish
7 hours ago
Bitcoin options open interest drops 17% as traders hold bullish $120,000 year-end call positions

Bitcoin options open interest drops 17% as traders hold bullish $120,000 year-end call positions

Bitcoin options open interest fell about 17% last week, signaling reduced leverage among traders. Despite this, bullish sentiment remains strong, with the largest open interest concentrated in a $120,000 call option expiring at year-end. Calls make u...

Market News
Bullish
10 hours ago
banner-footerbanner-footer

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