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Cryptocurrency market dips as XRP sees institutional inflows amid broader losses

Market News
02 Jun 2026
Zycrypto
View Source
Bearish
pluang ai news

Cryptocurrency markets are falling again after brief gains, with altcoins extending losses over the past week. Institutional investors are showing confidence in XRP, adding $20 million in inflows while other major coins like Bitcoin and Ethereum face significant outflows. Bitcoin saw $1.43 billion withdrawn in 2026 so far, trading down 10% over the week. Geopolitical tensions and rising oil prices are contributing to the market's risk-off sentiment. XRP whales are accumulating coins off exchanges, signaling long-term holding strategies, contrasting with the broader market's decline.

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