Bitcoin's price fell below $73,000 last week due to ongoing ETF outflows exceeding $2.5 billion in May, geopolitical tensions between the US and Iran, and a lack of positive legislative news. Despite this, some experts see the current bear market losses as less severe than previous cycles, suggesting potential for recovery. Regulatory progress, such as the CFTC's approval of Bitcoin futures and calls for the CLARITY Act, supports the crypto industry's infrastructure. Investors remain watchful of institutional activity and broader market influences like upcoming IPOs that could affect crypto sentiment.
Cryptocurrency markets saw a general decline with Bitcoin dropping about 2.9% to $71,395. Major altcoins like Binance Coin (BNB) and Bitcoin Cash (BCH) also fell significantly, by 6% and 5.63% respectively. Some smaller tokens showed gains, but the o...
Bitcoin has been trading under $72,000 after closing May at $73,568, with analysts like Benjamin Cowen and PlanB signaling a likely decline toward $60,000. Market sentiment is cautious due to large ETF outflows, distribution by whales, and a hawkish ...
Bitcoin dropped to around $72,000 after failing to break resistance near $82,000-$83,000. Analysts say the $71,000-$73,000 support zone is critical to maintain a bullish market structure; falling below could lead to a prolonged sideways phase. Bitcoi...
XRP investment products recorded a net inflow of about $20.3 million last week, surpassing Bitcoin and Ethereum, which faced net outflows of $1.438 billion and $257.3 million respectively. XRP's total assets under management rose to approximately $2....
In May 2026, XRP exchange-traded funds (ETFs) attracted $131.94 million in net inflows, marking their best monthly performance of the year despite XRP's weak spot price and overall market volatility. Meanwhile, Bitcoin and Ethereum funds experienced ...
