According to CoinShares, price depreciation, not selling pressure, was the main factor behind the drop in institutional BTC ETF exposure.

Institutional Bitcoin ETF holdings see first quarterly decline — Report

Brazil is boldly leading a national trade overhaul, defying U.S. pressure as 
it champions local currency use and strengthens BRICS’ push for financial 
independence and resilience. Brazil Pushes BRICS Trade Shift Despite Trump 
Tariff Threat Brazilian President Luiz Inácio Lula da Silva said in a June 3 
interview with Le Monde that Brazil and its […]

Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade

Bitcoin dipped to $103,450 yesterday, wiping out about $1 billion in leveraged 
bets over the past 24 hours. Many traders hurried to sell, but the fall was 
short-lived. Related Reading: Bitcoin Reserve Gets Military Nod, Senator 
Predicts Explosive 10-Year Surge Bitcoin found its footing and climbed back to 
$104,400 by the time this report was filed. According to a recent analysis by 
crypto researcher Klarch, this pullback was expected and might just be a pit 
stop before another run to fresh highs. Recurring Cycle Patterns Based on 
examination by Klarch, Bitcoin tends to follow a familiar path after each 
halving. One year after the 2016 halving, it rose about 280%. After the 2020 
halving, it jumped roughly 550% in 367 days. Right now, Bitcoin has only moved 
up around 70% in the 416 days since the last halving. Klarch points out that 
in past cycles, these numbers picked up speed after a slow start. So, he says, 
there’s still room for more growth. Bitcoin cycles are identical… &#8211; In 2016, 
$BTC grew by 280%, 365 days after Halving &#8211; In 2020, $BTC grew by 550%, 367 
days after Halving &#8211; Now, 416 days post-Halving, $BTC +70% — growth ahead… 
History repeats, here’s $BTC’s near future🧵👇 pic.twitter.com/wshX4egwbC — 
Klarck (@0xklarck) June 5, 2025 These percentages matter because they hint at 
what might come next. If Bitcoin’s history repeats, the best gains could be 
just around the corner. Information from blockchain data supports this too. 
For example, trading volume and on-chain addresses hit new highs in recent 
weeks. That fits the pattern Klarch described—after the initial rise, there’s 
often a bigger rally. Signs Of The Next Surge Bitcoin set a record of $112,100 
on January 20, then edged up to $111,980 on May 22. Rather than signaling an 
end, Klarch believes these milestones mark the start of a higher peak. He sees 
those moves as part of the cycle’s build-up, not its climax. Based on his 
chart work, each cycle has multiple tops before it finally tops out. Klarch 
didn’t offer an exact date for a new peak, but he did suggest that Bitcoin has 
not yet hit its ceiling. He notes that a series of all-time highs usually 
happens when sentiment is still turning positive. Once more traders feel FOMO, 
the price often accelerates rapidly. Related Reading: Bitcoin Network Activity 
Booming Despite A Quiet Market—Data Demand And Liquidity Driving Price 
Liquidity pouring into the crypto market has been a key talking point. Klarch 
says that steady buys from institutions and US Bitcoin spot ETFs have made 
Bitcoin scarcer on exchanges. Michael Saylor&#8217;s Strategy and other big money 
players keep buying, which pushes supply lower. Based on figures presented by 
Klarch, this trend could lift Bitcoin to around $180,000—a rise of about 75% 
from current levels. VanEck, an asset manager, has shared a similar target. 
That makes Klarch’s outlook feel less like a lone voice. If big funds keep 
moving in and retail interest stays high, Bitcoin’s price might stay on the 
upswing. However, any pause in ETF inflows or a sudden shift in global markets 
could change that story. Featured image from Imagen, chart from TradingView

Bitcoin To Hit $180,000 In 2025? Analyst Highlights The Trigger

JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before 
“they freeze his fiat assets.”

‘Full porting Bitcoin’ could be Musk's Trump card in feud: Bitcoiners

Central banks are turbocharging their gold reserves in 2025 as global distrust 
in U.S. fiscal stability and dollar assets explodes. De-Dollarization Fuels 
Fourth Year of Massive Gold Buying by Central Banks Amid escalating global 
tensions and a concerted move away from U.S. dollar reliance, central banks 
are increasingly turning to gold as a strategic reserve […]

Central Banks Accelerate Gold Buying as De-Dollarization Heats up

Crypto Insight UK has doubled down on a forecast that XRP must endure one 
last, violent shakeout before launching toward a long-awaited $10 milestone. 
In his latest video, the British analyst warned that “the most dense liquidity 
I’ve seen in a long time for XRP” still sits uncollected beneath current spot 
prices. Until that pool is swept, he argues, the market will not unlock the 
upside move he ultimately expects to carry the token into double-digit 
territory. XRP Needs One Last Flush “XRP didn’t come down as low as we 
wanted,” he told viewers. “It did hit the first key area of liquidity, but it 
didn’t take it all. That makes me think we’ve got continued downside.” In his 
own trading plan, the analyst has resting bids at roughly $2.01 and $1.95—a 
zone he believes will be tested once leveraged longs capitulate. Only after 
that “final flush,” he contends, can a rally toward $10 begin in earnest. The 
call comes amid broader cross-asset strength that has so far failed to 
translate into a sustained altcoin breakout. Silver is challenging decade-old 
highs near $36 an ounce, uranium contracts are pressing their recent peaks, 
and the Nasdaq Composite remains within sight of its all-time high. Yet 
despite what he calls “a broad-based commodities rally,” the analyst maintains 
that crypto still needs one more washout to clear residual excess. Related 
Reading: What Happens To The XRP Price If The 2017 Fractal Plays Out Again? 
Macro-political drama, he suggests, is only accelerating that process. He 
cited the public clash between Elon Musk and US president Donald Trump—sparked 
by Trump’s proposal for a four-trillion-dollar spending bill and Musk’s claim 
that Trump’s name appears in sealed Epstein files—as a narrative that briefly 
rattled risk markets. “If it brings the price to where I want it to go, 
fantastic,” he said dryly. “That’s all we’re looking at here.” On Ethereum he 
sees a similar dynamic. Open interest in ETH futures remains at all-time 
highs, a sign in his view that institutions are accumulating spot while 
shorting derivatives to hedge—a trade that could unwind violently should ETH 
pierce the $2,800 level. “When we get this squeeze to the upside,” he 
predicted, “we’ll see a fast move back toward all-time highs for ETH, probably 
toward $4,500 before you know it.” Related Reading: The Worst Case For XRP 
This Cycle? Just A Giga Rally To $19, Says Analyst Bitcoin, for its part, has 
already waded into the analyst’s preferred liquidity zone just above $100,000. 
Whether the flagship asset needs another dip, he said, is less important than 
what happens to its dominance. A brief surge in bitcoin market share toward 
65.5% would, in his model, coincide with an XRP capitulation and set the stage 
for “crazy season,” his shorthand for a full-blown altcoin cycle. The hinge is 
XRP liquidity. Viewers were shown heat-map snapshots highlighting concentrated 
stop-loss orders beneath the May swing low. “People came long here after they 
thought, ‘Oh, the bottom’s in.’ That’s added to this liquidity below us,” he 
said. Until that layer is removed, he remains “80% sure” that price will probe 
lower—even though his own portfolio is almost entirely in spot XRP. “I’m on 
the side of wanting it to go,” he acknowledged. “If it goes up now, I’m happy. 
But I’d be highly surprised if we don’t get that push down.” Still, his end- 
point is unequivocally bullish. Once the liquidity has been harvested, he 
foresees a textbook bullish divergence on the daily relative-strength 
index—“lower low on price, higher low on RSI”—that would ignite what he calls 
the “next big push.” In that scenario, XRP would not merely revisit its 2021 
peak near $3.80; it would overshoot to the analyst’s long-standing $10 target. 
“Let it send,” he concluded. At press time, XRP traded at $2.17. Featured 
image created with DALL.E, chart from TradingView.com