The crypto market selloff continues into the June 2 session with Bitcoin trading at $68,000, down 4.54% over the past 24 hours and 11.59% on the week. Ethereum holds at $1,940, posting a 1.19% daily decline and 8.22% weekly loss. XRP trades at $1.23, off 3.47% on the day and 8.29% over seven days. Solana sits at $77.49, down 2.62% in 24 hours and 9.01% on the week. BNB stands as the lone outlier among majors, printing $674.87 with a modest 0.25% gain on the day and a 1.96% weekly advance.
The crypto market selloff continues into the June 2 session with Bitcoin trading at $68,000, down 4.54% over the past 24 hours and 11.59% on the week. Ethereum holds at $1,940, posting a 1.19% daily decline and 8.22% weekly loss. XRP trades at $1.23, off 3.47% on the day and 8.29% over seven days. Solana sits at $77.49, down 2.62% in 24 hours and 9.01% on the week. BNB stands as the lone outlier among majors, printing $674.87 with a modest 0.25% gain on the day and a 1.96% weekly advance.
CryptoQuant data confirms Binance's 30-day retail inflow sum reached $9.197B on June 1, the highest reading since November 2025, as mid-term holders accelerate distribution into a market now trading at $68,900.
The defunct exchange moved $739 million in Bitcoin this morning. Two previous transfers tell very different stories about what might follow.
One of the largest custody platforms in the world is moving beyond retail crypto and building the infrastructure for independent advisors to manage client digital assets natively.
Ondo Finance's ONDO token gained 50% in a week, reaching $0.40 with a market cap approaching $2 billion.
Bitcoin shorts swept, leverage flushed, realized profits positive for the first time since January, and 245K holders gone in five days, every condition that preceded the 2024 bull run appeared simultaneously this week.
XRP broke two confluent supports simultaneously on May 7 and derivatives participation near October 2024 lows confirms the move was not a leveraged selloff - it was buyers stepping away.
XRP's price is hovering around $1.44 as of March 21, up 3.15% on the week but still struggling to reclaim meaningful technical ground.
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