Market Update

Bitcoin Stalls Below $66K as ETF Outflows, STRC Stress and Hawkish Fed Pressure Build

The panic is gone, but the bid isn’t back – Bitcoin is trading like a flow-impaired macro asset while liquidity quietly shifts to other corners of crypto.

Bitcoin Reclaims $65K as Iran Peace Deal Eases Oil Shock, But ETF Demand Keeps Fading

Bitcoin ETF trading volume has fallen 78% from its October 2025 peak to $960 million per day even as BTC reclaimed $65,000 on U.S.–Iran peace deal relief. Galaxy Research's bottom-signal framework shows only 4 of 13 historical indicators have triggered, with a base case floor of $40K–$46K. The week ahead centres on Kevin Warsh's first Fed decision and May retail sales data.

Bitcoin Suffers Worst Week Since 2024 as ETF Outflows Hit Record Pace

Bitcoin spot ETFs shed $1.72 billion in the week of June 1–5, extending net redemptions to four consecutive weeks at a 30-day average of -2,450 BTC per day — the fastest sustained outflow pace since launch. BRN's analysis finds the drawdown reflects a structural shift in institutional demand rather than a single-event shock, with $5.7 billion in long liquidations, $1.3 billion per day in realized losses, and CEX spot volume at its lowest level since October 2023 complicating near-term recovery.

The Week That Could Break Bitcoin's Stalemate, Or Deepen It

With ETF sentiment deteriorating and macro data looming, Bitcoin faces a narrow path higher and a wide-open downside.

Crypto Market Remain Split as Bitcoin Funds Bleed and HYPE Continues to Draw Demand

Bitcoin spot ETFs recorded $1.42 billion in net outflows for May 25–29, the third consecutive billion-dollar redemption week, as the macro-hedge bid tied to geopolitical risk premium unwinds. BRN finds 8.33 million BTC now underwater, with spot selling accelerating and whale distribution pressuring rebounds, while XRP, SOL and HYPE funds continued to attract inflows.

BTC, ETH Volatile to Start Week But Becoming Oversold Near-Term

• BTCUSD and ETHUSD succumb to further selling to begin week on dramatic Trump administration efforts to rebalance global trade.• BTCUSD, ETHUSD increasingly oversold near-term and poised for multi-day to multi-week short covering bounce.• Global risk off-sentiment expected to continue for much of