Data shows bullish bets related to Bitcoin have suffered a massive amount of 
liquidations as the asset&#8217;s price has plunged below the $70,000 mark. Bitcoin 
Falls Below $70,000 For The First Time Since April Following up on the bearish 
tone set during the second half of May, Bitcoin has opened June with another 
drawdown as its price has slipped under $70,000 for the first time since April 
7th. Related Reading: XRP Sees Biggest Exchange Inflow Of 2026—Shortly Before 
Even Larger Outflows Below is a chart that shows how the latest bearish action 
has looked for the cryptocurrency. Over the last 24 hours, Bitcoin has gone 
down by nearly 5%, hitting the $69,400 mark. Interestingly, while the original 
digital asset has suffered this blow, Ethereum, the second-largest token by 
market cap, has managed to hold up relatively well, being down by just 0.7% 
inside this window. Even many altcoins have seen smaller losses than BTC. The 
reason behind the disproportionate decline in Bitcoin may lie in the fact that 
its bearish action was triggered at least in part by a rare sale from 
Strategy, the largest treasury holder of the asset. Meanwhile, Bitmine, the 
Strategy-equivalent for Ethereum, announced another acquisition instead. As 
BTC&#8217;s drop during the past day has been significant, it has caught out a 
significant number of traders on the derivatives market. BTC-Related 
Liquidations Have Crossed $445 Million According to data from CoinGlass, a 
notable amount of liquidations related to Bitcoin have racked up on 
centralized exchanges over the last 24 hours. &#8220;Liquidation&#8221; here refers to the 
forceful closure that any open contract undergoes after it has amassed a 
certain percentage in losses (as defined by the specific platform). As 
displayed in the below table, total liquidations related to the digital asset 
sector have broken the $800 million mark. Out of these, more than $689 million 
in contracts involved were long positions. In percentage terms, this figure is 
equivalent to more than 85%. This dominance of bullish liquidations naturally 
makes sense in the context of the decline that the market has faced during the 
past day. As Bitcoin was struck particularly hard inside this window, it was 
by far the biggest contributor to the liquidations. From the above heatmap, 
it&#8217;s visible that a total of $445 million in BTC contracts were liquidated in 
the last 24 hours. The share of long liquidations was notably higher than the 
average for the wider sector, with more than 95% of contracts involved being 
bullish bets. Related Reading: Ethereum Price Falls, But Whales Push Holdings 
To 10-Week High While Ethereum&#8217;s price action has been relatively flat, it 
still ended up garnering $91 million in liquidations, the second-most behind 
Bitcoin. Featured image from Dall-E, chart from TradingView.com

Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset&#8217;s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as &#8230;

Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs

Mastercard is expanding its global settlement infrastructure to support 
additional intraday, weekend, and holiday settlement windows, as well as on- 
chain settlement using regulated stablecoins, the company said Wednesday.
The post Mastercard rolls out always-on settlement with Circle, Paxos and 
Ripple stablecoins appeared first on Crypto Briefing.

Mastercard is expanding its global settlement infrastructure to support additional intraday, weekend, and holiday settlement windows, as well as on- chain settlement using regulated stablecoins, the company said Wednesday. The post Mastercard rolls out always-on settlement with Circle, Paxos and Ripple stablecoins appeared first on Crypto Briefing.

Mastercard rolls out always-on settlement with Circle, Paxos and Ripple stablecoins

Binance Research says bitcoin’s recent weakness may be driven by capital 
rotating into a small group of hot U.S. equity themes. The firm argues that 
without a crypto-native crisis, such pressure has often proved temporary. Cboe 
Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoin’s 
latest pullback may have less to do […]

Binance Research says bitcoin’s recent weakness may be driven by capital rotating into a small group of hot U.S. equity themes. The firm argues that without a crypto-native crisis, such pressure has often proved temporary. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoin’s latest pullback may have less to do &#8230;

Binance Research Links Bitcoin Weakness to Record S&amp;P 500 Capital Inflow

Solana has made history by posting an unprecedented streak of monthly losses, 
placing the cryptocurrency at a critical crossroads. While the trend remains 
bearish, similar conditions in previous cycles have preceded major recoveries. 
Solana Records An Unprecedented Eight Consecutive Red Months In a recent 
market analysis, Crypto Patel highlighted a remarkable development in Solana&#8217;s 
price history. SOL has now posted eight consecutive red monthly candles, 
marking the first time such a streak has occurred since the cryptocurrency was 
launched. This rare event could provide valuable clues about where the market 
stands within its broader cycle. Related Reading: Solana Clings To Critical 
Multi-Year Support As Breakout Pressure Builds Drawing comparisons to the 
previous bear market, the analyst recalled Solana&#8217;s dramatic decline from its 
2021 all-time high near $260 to a low of approximately $8. During the 
downturn, SOL produced 9 monthly red candles in total, but they were not 
consecutive. Notably, the 9th red candle marked the cycle bottom, after which 
SOL embarked on a powerful recovery that ultimately pushed the asset to a new 
all-time high around $295. Patel pointed out that the current setup shares 
some similarities with that of the earlier period, but with notable 
differences. Solana has already fallen from roughly $253 to $67 while 
recording 8 straight months of losses, with the 9th monthly candle currently 
taking shape. While cautioning that it is still too early to draw firm 
conclusions, the analyst suggested that a repeat of the previous cycle&#8217;s 
behavior could signal the emergence of a macro accumulation zone at the 
$50–$80 range. A repetition of this pattern raises the possibility of SOL 
surging to higher levels between $500 and $1,000 during the next major market 
expansion. Ending Diagonal Pattern Hints At A Potential Trend Reversal On the 
4-hour timeframe, Elliott Waves Academy has identified that Solana is 
currently forming an ending diagonal pattern. This structure represents the 
wave 5 of a bearish impulse, which is nested within a larger-degree impulse 
sequence, suggesting the asset is nearing the conclusion of its immediate 
downward trajectory. Related Reading: Solana Price Structure Suggests 
Temporary Recovery Before Next Major Decision The recovery outlook will be 
confirmed once this pattern is finalized, specifically through a clean 
breakout of a key level and the upper boundary of the pattern. Once 
established, this confirms the beginning of an upward corrective wave. Based 
on the length of the preceding wave, the price is ideally projected to target 
the ratios outlined on the chart as it attempts to stabilize. While the 
initial targets are clear, the upward movement is likely to extend further 
depending on evolving market developments. If the price breaks decisively 
above the wave peak, it would significantly strengthen the bullish scenario, 
paving the way for a more substantial recovery. Other technical factors 
bolstering this bullish outlook are a clear five-wave impulse structure 
representing wave (1)/(A), alongside a strong reversal pattern forming near 
the diagonal’s lower boundary. Furthermore, the internal corrective movements 
observed are consistent with the formation of the expected diagonal. Featured 
image from Pixel Plex, chart from Tradingview.com

Solana has made history by posting an unprecedented streak of monthly losses, placing the cryptocurrency at a critical crossroads. While the trend remains bearish, similar conditions in previous cycles have preceded major recoveries. Solana Records An Unprecedented Eight Consecutive Red Months In a recent market analysis, Crypto Patel highlighted a remarkable development in Solana&#8217;s price &#8230;

Solana Just Made History, Could A Massive Recovery Be Next?

XRP price extended losses and traded below $1.220. The price is now 
consolidating losses and faces hurdles near $1.2350 and $1.250. XRP price 
started another decline and traded below the $1.250 zone. The price is now 
trading below $1.2350 and the 100-hourly Simple Moving Average. There is a 
bearish trend line forming with resistance at $1.2850 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.250. XRP Price Dips Below $1.250 XRP price failed to 
stay above $1.30 and extended its decline, like Bitcoin and Ethereum. The 
price declined below $1.2850 and $1.2650 to enter a short-term bearish zone. 
The price even extended losses below $1.220. A low was formed at $1.1924, and 
the price is now consolidating losses well below the 23.6% Fib retracement 
level of the downward move from the $1.3640 swing high to the $1.1924 low. The 
price is now trading below $1.2320 and the 100-hourly Simple Moving Average. 
If there is a fresh recovery move, the price might face resistance near the 
$1.2330 level. The first major resistance is near the $1.2580 level. The main 
resistance could be $1.2780 or the 50% Fib retracement level of the downward 
move from the $1.3640 swing high to the $1.1924 low. A close above $1.2780 
could send the price to $1.2850. The next hurdle sits at $1.2880. There is 
also a bearish trend line forming with resistance at $1.2850 on the hourly 
chart of the XRP/USD pair. A clear move above the $1.2880 resistance might 
send the price toward the $1.30 resistance. Any more gains might send the 
price toward the $1.3250 resistance. More Losses? If XRP fails to clear the 
$1.2580 resistance zone, it could start a fresh decline. Initial support on 
the downside is near the $1.2050 level. The next major support is near the 
$1.20 level. If there is a downside break and a close below the $1.20 level, 
the price might continue to decline toward $1.1920. The next major support 
sits near the $1.1880 zone, below which the price could continue lower toward 
$1.1840. Technical Indicators Hourly MACD – The MACD for XRP/USD is now 
gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The 
RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1920 and 
$1.1840. Major Resistance Levels – $1.2350 and $1.2580.

XRP price extended losses and traded below $1.220. The price is now consolidating losses and faces hurdles near $1.2350 and $1.250. XRP price started another decline and traded below the $1.250 zone. The price is now trading below $1.2350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at &#8230;

XRP Price Tumbles Under $1.22 As Market Sentiment Turns Sour

Gold overtook U.S. Treasuries in global official reserves by market value, the 
ECB said. The move reflected a 60% gold rally and rising demand for reserve 
diversification. Gold’s Rise Puts New Pressure on Dollar-Based Reserve Markets 
The European Central Bank (ECB) said in its report published June 2, 2026, 
“The international role of the euro,” […]

Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Gold’s Rise Puts New Pressure on Dollar-Based Reserve Markets The European Central Bank (ECB) said in its report published June 2, 2026, “The international role of the euro,” &#8230;

Cryptocurrency price in BRL

Market Overview