The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as 
multiple warning signs converge—from heavy selling in the exchange-traded fund 
(ETF) complex to renewed doubt around Strategy’s long-held “never sell” 
narrative. The result has been a weak session: on Wednesday, the 
cryptocurrency slipped below the key $66,000 level, extending a selloff that 
has already erased about $160 billion in overall market value this week, 
according to Bloomberg. $2.5M Bitcoin Sale Spooks Market Earlier in the week, 
Michael Saylor’s Strategy sold roughly $2.5 million worth of Bitcoin from a 
large holding currently valued at around $56 billion. Strategy reportedly 
reduced its hoard by only 32 tokens out of 843,706 coins. Even so, analysts 
say the size of the sale matters less than the message it sends—especially at 
a time when Bitcoin has been underperforming over the past few weeks. Related 
Reading: Mastercard Unveils Stablecoin Settlement Support Spanning 8 
Blockchains, Including The XRP Ledger Rajiv Sawhney, head of international 
portfolio management at Wave Digital Assets, argued that the financial impact 
is negligible compared with Strategy’s overall position. He described the sale 
as “financially trivial,” calling it essentially “a rounding error” relative 
to a stake worth around $62 billion. However, Sawhney emphasized that what 
matters is market psychology: the idea that the company has long maintained a 
“never sell” posture had been part of the market’s expectations. Bitcoin’s 
weakness is also taking shape against a very different backdrop in traditional 
markets. US equities have been moving higher, and tech stocks in particular 
are making new highs. Capital Rotates To AI Stocks Artificial intelligence 
(AI) remains the dominant theme drawing capital, and the numbers show the 
difference clearly. Over the past 12 months, the Nasdaq 100 has been up 42%, 
while Bitcoin has been down 37% and currently sits 48% below its peak. Carney 
Mak, a partner at FXHB Asset Management, said part of the rotation has 
involved moving capital from Bitcoin and digital assets into AI stocks. In his 
view, AI offers a more favorable risk-reward setup compared with digital 
assets, which has encouraged some investors to rebalance their portfolios. 
Related Reading: Bitcoin Crash Explained: Binance Research Blames Outflows 
Toward US Equities Macro and liquidity conditions are also becoming harder to 
ignore. Mak noted that crypto currently lacks a strong near-term catalyst, and 
market performance has increasingly become range-bound. In that environment, 
he said, results are more dependent on overall liquidity and broader economic 
factors. The Bitcoin ETF market is adding another layer of pressure. Bloomberg 
data indicates investors have pulled nearly $4 billion from US-listed Bitcoin 
exchange-traded funds over the past 12 sessions—marking a record streak of 
consecutive outflows. At the time of writing, Bitcoin was trading at around 
$65,721, having recorded a loss of almost 2% on Wednesday, adding to the 12% 
retracement recorded over the previous seven days, according to CoinGecko 
data. Featured image created with OpenArt; chart from TradingView.com

The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as multiple warning signs converge—from heavy selling in the exchange-traded fund (ETF) complex to renewed doubt around Strategy’s long-held “never sell” narrative. The result has been a weak session: on Wednesday, the cryptocurrency slipped below the key $66,000 level, extending a selloff that has &#8230;

Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days

The advancement of GOP newcomers and Karen Bass may reshape California&#8217;s 
political dynamics, reflecting shifting voter sentiments.
The post California primary: GOP newcomers likely to advance, Karen Bass heads 
to runoff appeared first on Crypto Briefing.

The advancement of GOP newcomers and Karen Bass may reshape California&#8217;s political dynamics, reflecting shifting voter sentiments. The post California primary: GOP newcomers likely to advance, Karen Bass heads to runoff appeared first on Crypto Briefing.

California primary: GOP newcomers likely to advance, Karen Bass heads to runoff

The expanded Iran nuclear commitment may stabilize geopolitical tensions, 
influencing global markets and investor risk appetite, including crypto.
The post Trump affirms Iran&#8217;s commitment to not pursue nuclear weapons, and 
crypto markets are paying attention appeared first on Crypto Briefing.

The expanded Iran nuclear commitment may stabilize geopolitical tensions, influencing global markets and investor risk appetite, including crypto. The post Trump affirms Iran&#8217;s commitment to not pursue nuclear weapons, and crypto markets are paying attention appeared first on Crypto Briefing.

Trump affirms Iran’s commitment to not pursue nuclear weapons, and crypto markets are paying attention

CrowdStrike&#8217;s alignment with revenue estimates highlights the persistent 
demand for cybersecurity solutions amid rising AI-driven threats.
The post CrowdStrike projects revenue in line with analyst estimates amid AI 
threat concerns appeared first on Crypto Briefing.

CrowdStrike&#8217;s alignment with revenue estimates highlights the persistent demand for cybersecurity solutions amid rising AI-driven threats. The post CrowdStrike projects revenue in line with analyst estimates amid AI threat concerns appeared first on Crypto Briefing.

CrowdStrike projects revenue in line with analyst estimates amid AI threat concerns

The decline in US oil stockpiles amid geopolitical tensions may drive global 
oil prices higher, affecting economic stability and energy policies.
The post US oil stockpiles hit lowest level since 2004 amid Middle East 
tensions appeared first on Crypto Briefing.

The decline in US oil stockpiles amid geopolitical tensions may drive global oil prices higher, affecting economic stability and energy policies. The post US oil stockpiles hit lowest level since 2004 amid Middle East tensions appeared first on Crypto Briefing.

US oil stockpiles hit lowest level since 2004 amid Middle East tensions

The XRP price has returned to a critical zone that has appeared only four 
times in its history. According to market analyst Cryptollica, who shared the 
finding on X, this zone has historically preceded explosive price rallies for 
XRP. Each rally, however, came after a long consolidation phase and a series 
of price declines that pushed XRP toward a bottom. XRP Reenters Oversold RSI 
Zone That Led To Mega Cycle Rallies On June 1, Cryptollica stated on X that 
XRP&#8217;s monthly Relative Strength Index (RSI) has entered its fourth deep 
oversold reset zone across its entire 13-year trading history. The RSI is 
currently sitting around 42. While this reading does not signal fully oversold 
levels yet, the analyst treats it as similar to those observed in previous 
cycles. Related Reading: Pundit Shares Why Most People Will Miss The XRP Run 
He noted that this reading had occurred during the 2014, 2017, and 2022 
cycles, and now again in early 2026. In each of those cycles, XRP staged 
strong parabolic price rallies whenever its monthly RSI reached oversold 
levels. Based on the analyst’s report, this zone had acted as a critical reset 
point for XRP, often marking cycle bottoms after an extended downtrend. 
Looking further back, the 2013 cycle showed a similar structure. XRP had 
traded within a tightening triangle pattern for a long period, repeatedly 
testing the lower boundary of the formation before finally confirming a 
bottom. That price floor aligned with the oversold RSI zone, which ultimately 
triggered a sharp breakout that pushed XRP above $0.5 and established a new 
cycle high. A comparable structure appears to be forming again. Cryptollica&#8217;s 
chart suggests XRP has been trading within a long-term ascending channel since 
2017, with a large triangle pattern forming inside it. This structure has 
broadly guided price action for nearly a decade. During this period, XRP has 
tested the lower boundary of the channel three times, most recently following 
a pullback from the 2025 highs near $3. While price action remains under 
pressure, it is now approaching the apex of the triangle pattern. At the same 
time, the monthly RSI is aligning with lower levels, similar to the trend seen 
in the 2013 cycle. The cryptocurrency has now entered the same reset zone, 
suggesting a potential breakout could be on the horizon. Analyst Sets Major 
Upside Targets For XRP With the RSI reset zone now in place, Cryptollica 
argues that XRP may be positioned for a significant upward move if historical 
patterns repeat. The chart shared by the analyst outlines a potential breakout 
scenario driven by the long-term ascending channel structure. Related Reading: 
Pundit Says The Clock Is Ticking For XRP, Here’s What To Know Under this 
projection, XRP&#8217;s first major target is above $14, at the upper boundary of 
the channel. If bullish momentum continues beyond that level, the analysis 
suggests the move could extend toward $26, with a projected cycle peak of up 
to $50. Featured image from Freepik, chart from Tradingview.com

The XRP price has returned to a critical zone that has appeared only four times in its history. According to market analyst Cryptollica, who shared the finding on X, this zone has historically preceded explosive price rallies for XRP. Each rally, however, came after a long consolidation phase and a series of price declines that &#8230;

Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days

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