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5 Jun 2026, 09:54

Why is XRP falling even as institutional ETF inflows turn positive?

The cryptocurrency market has continued its negative performance this week, with Bitcoin, Ethereum, and XRP extending their losses. Bitcoin briefly touched the $61,100 level, while Ethereum risks dropping below $1,500 in the near term. Meanwhile, Ripple’s XRP is trading around $1.11 on Friday, marking its lowest level since February 6 and extending its losing streak to six consecutive sessions. The decline reflects continued weakness across the broader crypto market amid heightened geopolitical uncertainty and fading investor confidence. XRP ETF inflow resumes, but price action remains weak Institutional flows into XRP investment products have flipped positive, with approximately $4 million in inflows recorded on Thursday. This was after $5 million in outflows were recorded the previous day. The outflow on Wednesday was the first one since April 30, indicating that institutional interest in XRP remains strong despite the current bearish price action. Cumulative figures still show strong longer-term participation. Total inflows into XRP ETFs stand at $1.5 billion, with assets under management above $1 billion. The shift suggests that the weak short-term sentiment among investors didn’t last, as they remain bullish on XRP. If the inflows persist, it could pave the way for XRP to rally higher once the market selloff ends. However, XRP is approaching the critical $1.0 support level, which could see it drop towards lower demand zones. Market participants continue to reduce exposure to risk assets as geopolitical tensions—particularly between the United States and Iran—fuel uncertainty across global markets. Due to the current macroeconomic conditions, investors are moving their funds away from volatile assets like cryptocurrencies and toward safer instruments such as bonds, gold, and cash equivalents. CoinMarketCap data reinforces this cautious positioning, with the Crypto Fear & Greed Index sitting at 17 (Extreme Fear), down sharply from 50 in May. XRP technical outlook: XRP remains under heavy selling pressure Similar to Bitcoin and Ethereum, the XRP/USD 4-hour chart is as XRP continues to trade below key long-term trend indicators, maintaining a clearly bearish structure. At press time, XRP is trading at $1.116, below the 50-day, 100-day, and 200-day EMAs. Meanwhile, the SuperTrend resistance sits at $1.34, capping recovery efforts in the near term. The technical indicators also showcase an oversold condition. The Relative Strength Index of 30 means that XRP has officially entered the oversold territory. The MACD histogram remains negative, confirming downward momentum. While oversold conditions may slow the pace of decline, they have not yet triggered a meaningful reversal. If the market conditions improve, the bulls would encounter the first major resistance at $1.34, which coincides with the Transactional Liquidity (TLQ) level on the 4-hour chart. A daily candle close above this level could see XRP target the higher resistance levels at $1.36 (50-day EMA), $1.44 (100-day EMA), and $1.64 (200-day EMA). A sustained recovery above these levels would be required to shift the broader bearish outlook. However, if the selloff persists, XRP could drop below the $1.0 psychological level. A decisive break below this level could pave the way for accelerated downside pressure in the near term. The post Why is XRP falling even as institutional ETF inflows turn positive? appeared first on Invezz

5 Jun 2026, 09:50

Crypto market wipes $2 trillion amidst 50% drop from all-time highs

Following the steep decline in early June 2026, the cryptocurrency market has crossed the milestone of wiping more than $2 trillion from its market capitalization relative to the all-time high reached in October 2025. Specifically, the total valuation of digital assets crossed above $4.22 trillion late last year but has been on a decisive, multi-stage retreat since. Indeed, it wiped more than $1 trillion by January 1 and then suffered another significant drop from the 2026 highs near $3.25 trillion in mid-January to a temporary low of $2.14 trillion in early February . Finally, despite a temporary recovery through most of April and much of May, the cryptocurrency market suffered another steep drop in the last week and is, at press time on June 5, worth $2.14 trillion. Total cryptocurrency market capitalization one-year chart. Source: TradingView Why the cryptocurrency market is crashing in June The most recent bloodbath appears to have been driven by deteriorating investor sentiment triggered by the news that Michael Saylor’s Strategy (NASDAQ: MSTR ) decided to sell some of its Bitcoin ( BTC ) to help fund preferred stock commitments. Though the amount was trivial at just 32 BTC – approximately $2.5 million – the move might have had an outsized impact due to the company’s image being constructed in a way that implies the digital asset is to be held and accumulated no matter what. Bitcoin price one-week chart. Source: Finbold Still, despite Saylor drawing significant attention for the sale, several other factors emerged in early June that could have contributed to the sell-off. Are investors selling crypto to buy into new IPOs and invest in AI? On the one hand, rotation of capital into artificial intelligence ( AI ) accelerated further, with even blue-chip giants like Google (NASDAQ: GOOGL ) looking to raise cash by selling equity , raising the possibility some of the cryptocurrency selling was related to new investment opportunities. While early 2026 saw significant institutional interest and bullishness regarding digital assets, with, for example, Bernstein estimating that the Bitcoin bear case had no legs to stand on, stock market returns have been immeasurably more attractive than any blockchain-related investments year-to-date (YTD). The upcoming SpaceX initial public offering ( IPO ) and the anticipated Anthropic and hoped-for OpenAI IPOs also may have contributed to investors seeking to raise cash to build positions elsewhere. Are cryptocurrencies trading like oil shock canaries? On the flip side, the cryptocurrency market has been affected by geopolitical instability to an arguably greater degree than most other asset classes through the year. Under the circumstances, the most recent bloodbath could be something of a canary with regard to an apparent military escalation between the U.S. and Iran and the related oil inventory level warnings issued by Exxon Mobil (NYSE: XOM ). Why the cryptocurrency market might bottom later in 2026 Lastly, it is notable that the latest moves in the market, including those of Bitcoin and Ethereum ( ETH ), remain largely consistent with historical performance. Digital assets’ market capitalization effectively halved between late 2017 and early 2018 and crashed from above $2.6 trillion near the end of 2021 to approximately $750 billion – a 72% loss – by December 2022. Total cryptocurrency market capitalization ten-year chart. Source: TradingView Should the cyclical performance of cryptocurrencies prove intact as some on-chain analysts have been speculating since early 2026, the market might find its next bottom already in October before setting itself on a slow path to recovery. Featured image via Shutterstock The post Crypto market wipes $2 trillion amidst 50% drop from all-time highs appeared first on Finbold .

5 Jun 2026, 09:50

Analyst: $1.76B Bitcoin Liquidation Cooled Overheated Market, Reducing Speculative Positions

BitcoinWorld Analyst: $1.76B Bitcoin Liquidation Cooled Overheated Market, Reducing Speculative Positions A recent $1.76 billion liquidation event in the Bitcoin market has helped cool short-term overheating by clearing out excessive long positions, according to a market analyst. The correction, which unfolded over the past week, reduced speculative activity and brought open interest (OI) down significantly from the previous week’s elevated levels. Liquidation Event Clears Overleveraged Positions Lacie Zhang, a research analyst at Bitget Wallet, told CryptoSlate that the liquidation event primarily targeted long positions that had built up during a period of rapid price appreciation. “The market was overheating with excessive leverage, and this liquidation served as a necessary reset,” Zhang explained. Data shows that open interest in Bitcoin futures has dropped markedly, indicating that many speculative traders have exited their positions. Why Crypto Markets React Faster to Macro Shocks Zhang noted that the cryptocurrency market tends to price in macroeconomic shocks more quickly than traditional financial markets. This is due to its 24-hour trading structure, high leverage availability, and rapid response times from automated trading bots and retail participants. “When macro news breaks, crypto adjusts almost instantly, while equities may take hours or days to fully reflect the impact,” she said. Potential Downside Risk if ETF Outflows Continue Looking ahead, Zhang warned that if spot Bitcoin ETF outflows persist, Bitcoin could potentially retest the $55,000 to $57,000 range. “ETF flows are a key indicator of institutional sentiment. Sustained outflows would signal weakening demand, which could push prices lower,” she added. The analyst emphasized that this is not a prediction but a scenario to monitor based on current market dynamics. Broader Market Implications The cooling of speculative positions may reduce the risk of further sharp corrections in the near term. However, the market remains sensitive to macroeconomic factors such as interest rate decisions, regulatory developments, and geopolitical events. For retail investors, the key takeaway is the importance of monitoring leverage and position sizing during periods of high volatility. Conclusion The $1.76 billion Bitcoin liquidation has effectively reduced short-term overheating by clearing excessive long positions and lowering open interest. While this may provide some near-term stability, the potential for further downside remains if spot Bitcoin ETF outflows continue. Investors should remain cautious and focus on risk management in the current environment. FAQs Q1: What caused the $1.76 billion Bitcoin liquidation? The liquidation was triggered by a rapid price decline that forced the closure of overleveraged long positions, as traders were unable to meet margin requirements. Q2: How does open interest affect Bitcoin’s price? High open interest indicates significant speculative activity. A sharp decline in OI, as seen after the liquidation, suggests reduced market leverage and potentially lower short-term volatility. Q3: Why might Bitcoin retest the $55,000 to $57,000 range? If spot Bitcoin ETF outflows persist, it would signal weakening institutional demand, which could push prices lower toward those support levels, according to analyst Lacie Zhang. This post Analyst: $1.76B Bitcoin Liquidation Cooled Overheated Market, Reducing Speculative Positions first appeared on BitcoinWorld .

5 Jun 2026, 09:48

Premu Opens User-Created, Leveraged Prediction Markets Ahead of the 2026 World Cup

Stockholm, Sweden, June 5th, 2026, Chainwire Decentralized prediction market platform lets participants launch their own World Cup markets , trade with leverage of up to 2.5x , and earn fees on the markets they create. With the 2026 FIFA World Cup set to begin on June 11, Premu , a decentralized prediction market platform, is highlighting the feature that distinguishes it from centrally operated venues: any participant can create a market on a World Cup outcome, set it live, and earn a share of the fees generated by trading in that market. Rather than waiting for a platform to list a contract, participants on Premu can launch a yes-or-no market on questions such as which team advances from a group, who reaches the final, or the result of a single fixture. Markets are created permissionlessly by posting a bond in USDC, and the creator earns a fee on every trade placed in the market. Positions can be traded with leverage of up to 2.5 times using isolated or cross margin, with activity settled on-chain in USDC across the Ethereum, Arbitrum, and Base networks. The timing coincides with rising interest in prediction markets, which have moved from a niche tool into wider public view over the past year as participants turn to event-based markets for forecasting and information. Major sporting events have historically drawn some of the highest trading activity to these platforms, and the World Cup, a 104-match tournament running through July 19, ranks among the largest such events on the 2026 calendar. “Sporting events like the World Cup tend to generate questions faster than any central team can list them,” said Chadi Farhat, Chief Technology Officer at Premu. “Allowing participants to create their own markets, and to earn from the activity they bring, means the platform can keep pace with each stage of a tournament as it unfolds.” Comparisons such as Polymarket vs Kalshi have featured prominently in industry discussion, drawing attention to differences in market structure, regulatory approach, and how markets are listed across centralized and decentralized models. Premu positions itself as a decentralized prediction market in which the market list is defined by participants themselves rather than a central operator, an approach the company says suits fast-moving events where demand can shift between fixtures. Beyond sports, the platform supports markets across cryptocurrency, politics, culture, technology, economics, and global events, including rapid five-minute markets on the price direction of assets such as Bitcoin, Ethereum, and Solana. Balances are held in on-chain vault contracts that can be independently verified, and deposits and withdrawals are recorded as on-chain events rather than processed through a custodial intermediary. The Premu platform is available globally through its web application at https://premu.xyz . About Premu Premu is a decentralized prediction market platform that enables participants to create and trade markets based on real-world events. The platform combines permissionless, user-created markets with leveraged event trading and on-chain settlement in USDC across the Ethereum, Arbitrum, and Base networks, supporting a range of event categories. Contact Mr Chadi Premu [email protected]

5 Jun 2026, 09:40

Iron Ore: Australia Weighs Policy Response to China’s Monopsony Power, Rabobank Warns

BitcoinWorld Iron Ore: Australia Weighs Policy Response to China’s Monopsony Power, Rabobank Warns Australia is facing a growing strategic challenge in its most valuable commodity export: iron ore. According to a recent analysis from Rabobank, the nation must carefully consider its policy response to China’s dominant position as a buyer, a market structure known as a monopsony. The report underscores the risks of over-reliance on a single customer and the need for proactive economic and trade strategies. Understanding the Monopsony Risk A monopsony occurs when a single buyer holds significant market power, allowing it to influence prices and terms. In the global iron ore trade, China accounts for roughly 70% of seaborne demand, while Australia supplies about 60% of the global market. This concentration gives Beijing considerable leverage, potentially enabling it to drive down prices or impose unfavorable conditions on suppliers like Australia. Rabobank’s analysis highlights that this imbalance is not merely theoretical; it represents a tangible vulnerability for Australia’s economy, which relies on iron ore for a substantial portion of export revenue. Strategic Options for Australia The Rabobank report outlines several policy pathways Canberra could explore. These include diversifying export markets by strengthening ties with other steel-producing nations, such as India and Southeast Asian economies, which are expected to increase their iron ore consumption in the coming decades. Another option is to deepen domestic processing and value-added production, reducing the volume of raw ore exports and increasing the value captured locally. Additionally, Australia could invest in alternative commodities or critical minerals to reduce overall trade dependence on China. The report emphasizes that any response must be carefully calibrated to avoid triggering retaliatory measures that could harm Australian exporters. Implications for Investors and Industry For investors and industry stakeholders, the Rabobank analysis serves as a reminder that commodity markets are not purely driven by supply and demand fundamentals; geopolitical and policy risks play an increasingly central role. Companies like BHP, Rio Tinto, and Fortescue Metals Group, which dominate Australia’s iron ore sector, may face heightened scrutiny regarding their exposure to Chinese demand. The report suggests that long-term planning should account for potential policy shifts in both Beijing and Canberra, as well as structural changes in global steelmaking, including the transition to greener production methods. Conclusion Rabobank’s warning adds to a growing chorus of voices urging Australia to reassess its trade strategy regarding iron ore. While the current market remains profitable, the underlying structural vulnerability to a single buyer’s monopsony power demands careful policy consideration. The challenge for Australian policymakers will be to balance the immediate economic benefits of the trade relationship with the need for long-term resilience and strategic autonomy. As global trade dynamics evolve, the decisions made today will shape Australia’s economic security for decades to come. FAQs Q1: What is a monopsony in the context of iron ore? A monopsony occurs when a single buyer, in this case China, holds dominant purchasing power over a commodity like iron ore. This allows the buyer to influence prices and contract terms, potentially to the disadvantage of sellers like Australia. Q2: How dependent is Australia on China for iron ore exports? Australia exports roughly 80% of its iron ore to China, making China by far its largest customer. This concentration creates significant economic vulnerability to shifts in Chinese demand or policy. Q3: What are some alternatives Australia could pursue to reduce this risk? Australia could diversify its export destinations by targeting growing steel markets in India and Southeast Asia, invest in domestic processing to export higher-value products, or develop alternative resource sectors such as critical minerals for the energy transition. This post Iron Ore: Australia Weighs Policy Response to China’s Monopsony Power, Rabobank Warns first appeared on BitcoinWorld .

5 Jun 2026, 09:38

Dogecoin plunges 25% in a week as bearish pressure grips crypto

Dogecoin has fallen more than 25% over the past month and has dropped to around $0.083 after breaking below key support levels as traders continue reducing exposure across derivatives markets. According to CoinGecko price data, Dogecoin traded near $0.083 on June 5 after losing 4.48% over the previous 24 hours. The meme coin moved between an intraday high of $0.091 and a low near $0.083, leaving price action near the bottom of its daily range. Weekly losses have reached 12.98%, while the token is down 54.78% over the past year. The meme coin moved between an intraday high of $0.091 and a low of $0.086, leaving it near the bottom of its daily range. Weekly losses have reached 12.98%, while the token is down 54.78% over the past year. Pressure on DOGE has intensified since it fell below the $0.10 level, a zone that previously acted as support. Market data shows the token is now trading beneath the $0.10 to $0.12 range that buyers defended earlier in May. At current levels, Dogecoin's market capitalization stands at $13.3 billion, keeping it ranked as the 11th largest cryptocurrency by market value. Circulating supply has reached 154.52 billion DOGE, closely tracking total supply as new coins continue to enter circulation through mining rewards. Dogecoin approaches key support as momentum weakens Technical indicators show Dogecoin sitting at an important decision point. Crypto analyst Ali Charts had identified $0.0883 as a key support level and projected potential recovery targets at $0.1019 and $0.1156 if buyers defended that area. https://twitter.com/alicharts/status/2058895357304607146 DOGE has since fallen below the analyst's support level and was trading near $0.083 at press time. "As long as this support holds, I think a recovery toward $0.1019 and $0.1156 remains likely," Ali Charts wrote. The analyst also warned that a break below $0.0883 could expose the next major supply zone near $0.067. With DOGE now trading below that support level, traders are watching whether sellers can extend the decline toward the analyst's downside target. Daily chart data shows DOGE extending its downtrend after losing the $0.10 level. Price has now fallen to around $0.083, placing the token below the $0.0883 support area highlighted by Ali Charts and leaving former support zones unclaimed. The token recently dropped toward $0.083 before attracting buyers, though the rebound failed to reclaim former support zones. DOGE/USDT 1-day price chart. Source: TradingView. Momentum indicators remain under pressure. The daily Relative Strength Index has fallen to around 21.5, placing DOGE deep in oversold territory. While such readings can precede short-term relief rallies, the daily MACD remains below its signal line and continues to print negative histogram bars, indicating bearish momentum remains intact. Short-term indicators tell a similar story. On the four-hour chart, the Stochastic RSI has dropped into oversold territory with readings near 2 and 17, suggesting selling pressure has become stretched. DOGE/USDT 4-H price chart. Source: TradingView. At the same time, the Chaikin Money Flow indicator remains below zero, showing capital continues to leave the asset despite occasional buying attempts. Ali Charts had previously highlighted support near $0.096 on June 1 after a TD Sequential buy signal appeared. DOGE has since broken below that level and continued lower, undermining the earlier bullish setup that pointed to a move toward $0.110. Derivatives traders cut exposure as crypto markets retreat Derivatives data from CoinGlass shows traders have become increasingly defensive as prices moved lower. Futures trading volume fell 7.89% to $2.1 billion, while open interest dropped 4.85% to $1 billion. When open interest falls during a selloff, it can indicate liquidations or traders closing leveraged positions as confidence weakens. Simultaneously, options volume jumped 171.59%, while options open interest climbed 42.23% to $600,650, suggesting some participants are positioning for larger price swings ahead. Market weakness in Dogecoin has developed alongside a broader decline across digital assets. Bitcoin has extended its recent slide while institutional investors continue withdrawing capital from spot Bitcoin exchange-traded funds. Traders are now watching whether DOGE can regain the lost $0.0883 support area after falling to roughly $0.083. According to Ali, holding this support could keep recovery targets near $0.1019 and $0.1156 in play. A break below the channel floor, however, could expose the next major supply zone around $0.067. The post Dogecoin plunges 25% in a week as bearish pressure grips crypto appeared first on Invezz