Cardano's ADA showed mixed signals as CME Group's 24/7 crypto futures and options schedule is set to begin on May 29, while on-chain activity strengthened. Active addresses rose 14% to 17,500 and the 10M–100M ADA cohort increased its supply share from 36.48% to 37.23% over three weeks. Analysts outlined key levels near $0.28 resistance and $0.2 support as the token trades in a hesitant range.

Ethereum (ETH) fell below the $2,000 level for the first time since March, as the market weighed renewed downside risk against signs of institutional accumulation. BitMine Immersion Technologies, chaired by Fundstrat's Tom Lee, bought 26,497 ETH (about $52 million) last week after nearly 112,000 ETH the week before, while commentary cited potential levels ranging from $1,530 downside to $2,500 resistance.

XRP slipped to $1.27 as on-chain metrics showed a sharp jump in exchange flows, with 22.80 million tokens recorded as the biggest daily net inflow of 2026. The move was followed by a net withdrawal of 25.24 million XRP, shifting the balance negative and suggesting reduced sell-side pressure. Price action remained range-bound, with $1.13–$1.21 noted as support and $1.4–$1.50 as a resistance area.

On June 1, Bitcoin fell from $73,500 to $71,500 as US-Iran strike headlines triggered a risk-off move across crypto derivatives. Over $400M in leveraged long positions were liquidated within four hours, with the largest clusters reported on Binance and OKX. The selloff also coincided with a break below $72,000, putting focus on the $71,000–$72,000 area for near-term support.

A DTCC collateral eligibility update circulating on social media triggered "delisting" fears around Ripple's XRP, prompting a retail rotation into XLM and pushing XRP below $1.30. The DTCC lists are described as post-trade collateral reference tools rather than instructions to exchanges, and the sell-off was framed as FUD-driven capitulation. On-chain data showed $900 million in weekly realized losses at the peak of the panic, the largest spike since 2022.

Bitcoin hovered around $73,500 after slipping back toward the $73,000 area following an unsuccessful push to hold $77,000. Key levels highlighted include support at $72,000 and $68,900, with resistance at $75,000 and $78,000, while a break below $68,900 is framed as a bearish shift toward $66,000 and $60,000.

On May 29, Strategy transferred 411.48 BTC to Coinbase Prime as Polymarket pricing showed 84% odds it sells Bitcoin by Dec. 31, 2026. Standard Chartered compared Ethereum’s setup to Amazon’s post-2001 trajectory and reiterated targets of $4,000 by end-2026 and $40,000 by end-2030. Separate updates included a two-hour Sui mainnet stall on May 28 and a report that the SEC granted Paxos approval to clear and settle securities trades.

DTCC said on May 27, 2026 it plans to connect its tokenized securities platform to the Stellar network by the first half of 2027. The firm said this would place DTC-custodied securities on a public blockchain for the first time, under an SEC no-action letter covering Russell 1000 stocks, ETFs, and U.S. Treasuries.

Bitcoin is trading around $73,000 after falling about 11% from earlier-month highs above $82,500, with some analysts warning downside pressure may not be finished. A note from Mott Capital's Michael Kramer highlights U.S. Treasury settlements scheduled for May 28 to June 5 as a potential $150 billion liquidity drain that could weigh on BTC and keep key levels like $72,000–$75,000 in focus.