Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

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 remains range-bound below $65K despite $43M whale buys, signaling uncertain near-term direction.

Bitcoin remains range-bound below $65K despite $43M whale buys, signaling uncertain near-term direction.

Bitcoin has been trading below $70,000 for about three weeks, with recent whale purchases totaling over $43 million failing to push the price above $65,000. Large investors, or whales, have dominated market activity since early June, but their buying...

Market News
Bearish
5 hours ago
Cryptocurrencies SHIB, XRP, and Bitcoin face bearish pressure; Hyperliquid shows resilience amid market volatility.

Cryptocurrencies SHIB, XRP, and Bitcoin face bearish pressure; Hyperliquid shows resilience amid market volatility.

Shiba Inu (SHIB), XRP, and Bitcoin (BTC) are experiencing downward pressure with prices struggling to recover key support levels, indicating continued bearish trends. SHIB is below major moving averages and near critical support, XRP is failing to re...

Technical Signals
Bearish
6 hours ago
Bitcoin breaks below $60K, signaling potential drop to $57.5K amid institutional selling and easing Middle East tensions.

Bitcoin breaks below $60K, signaling potential drop to $57.5K amid institutional selling and easing Middle East tensions.

Bitcoin price confirmed a bearish head-and-shoulders breakdown, falling below the $60,000 support zone and targeting a potential decline to around $57,500. This drop follows over $600 million in crypto liquidations, weak institutional demand, and eas...

Technical Signals
Bearish
10 hours ago
Worldcoin drops 22% amid crypto sell-off, but key support levels offer hope for rebound

Worldcoin drops 22% amid crypto sell-off, but key support levels offer hope for rebound

Worldcoin (WLD) has fallen 22% in under a week following a broader crypto market sell-off that also saw Bitcoin drop over 3%. Despite recent losses and bearish momentum signals, WLD has established important support levels around $0.4748, $0.4162, an...

Technical Signals
Bearish
12 hours ago
AI boom drains interest from Bitcoin, causing a 28.9% drop in 2026 so far

AI boom drains interest from Bitcoin, causing a 28.9% drop in 2026 so far

Robbie Mitchnick of BlackRock highlights that the surge in AI stocks has diverted investor attention and capital away from Bitcoin, leading to a nearly 29% decline in Bitcoin's price year-to-date in 2026. This trend has also impacted gold and preciou...

Market News
Bearish
13 hours ago
banner-footerbanner-footer

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