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

Crypto funds see $1.67B outflows amid geopolitical tensions, Bitcoin hits largest weekly withdrawal of 2026

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

Crypto investment products experienced $1.67 billion in outflows last week, marking the second-largest weekly withdrawal of 2026, driven mainly by U.S. investors amid rising geopolitical tensions involving Iran and Israel. Bitcoin funds faced the largest hit with a record $1.44 billion outflow, while Ethereum funds also saw significant redemptions. Despite the pullback, some altcoins like XRP and Hyperliquid attracted inflows. Overall, assets under management dropped to $141 billion, the lowest since early April, reflecting increased risk aversion in the market.

More News (BTC)

Bitcoin drops below $71K amid US-Iran tensions and Strategy's Bitcoin sale

Bitcoin drops below $71K amid US-Iran tensions and Strategy's Bitcoin sale

Bitcoin fell below $71,000 due to escalating geopolitical tensions between the US and Iran, including threats to block key maritime routes. The decline was compounded by Strategy's sale of 32 BTC to fund dividends, marking its first Bitcoin sale sinc...

Market News
Bearish
4 hours ago
Cryptocurrency prices mostly decline with Bitcoin down 3.2% and Ethereum down 1.47%.

Cryptocurrency prices mostly decline with Bitcoin down 3.2% and Ethereum down 1.47%.

Cryptocurrency markets saw a general downturn with major coins like Bitcoin dropping 3.2% to $71,053 and Ethereum falling 1.47% to $1,968.62. Other notable cryptocurrencies such as Binance Coin and XRP also experienced declines. This reflects ongoing...

Market News
Neutral
5 hours ago
Tether expands into local AI with new hires to develop on-device AI via QVAC platform.

Tether expands into local AI with new hires to develop on-device AI via QVAC platform.

Tether, known for its stablecoin USDT, is hiring AI inference engineers skilled in C++ to advance its QVAC platform, which runs AI directly on user devices without cloud reliance. This local-first AI approach enhances privacy by keeping data on the d...

Protocol Fundamentals
Bullish
6 hours ago
Bitcoin may drop to $65,000 if key support breaks, but a strong rebound could follow with 3x returns.

Bitcoin may drop to $65,000 if key support breaks, but a strong rebound could follow with 3x returns.

Bitcoin has fallen 6% recently and could drop to $65,000 if it loses a crucial trend line support this week. Nearly $3 billion has been withdrawn from Bitcoin ETFs, signaling bearish investor sentiment. Despite this, technical indicators suggest a re...

Market News
Bearish
6 hours ago
Bitcoin falls below $71,000 for first time since April amid ETF outflows and regulatory caution

Bitcoin falls below $71,000 for first time since April amid ETF outflows and regulatory caution

Bitcoin dropped below $71,000, a level not seen since mid-April, driven by significant ETF outflows and cautious institutional investors amid ongoing regulatory talks in Washington. Large holders have been selling into strength, adding supply pressur...

Market News
Bearish
6 hours ago
banner-footerbanner-footer

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