XRP's monthly RSI slid to 41.64, the lowest level ever recorded for the token, while June trading is still in progress. The reading was flagged publicly on June 4, 2026, as XRP fell from $1.18 toward about $1.11, and a move back above $1.30 before month-end could lift the final RSI close.

Peter Schiff argued on June 4, 2026 that Tether's USDT is positioned to surpass Ethereum's market cap and could eventually exceed Bitcoin's as well. USDT was near $188 billion in market value, leaving it less than $26 billion behind Ethereum, while Bitcoin recently slid toward the $61,500 area and briefly hit $61,460 after an hourly drop of more than $2,000.

Bitcoin spot ETFs have logged net outflows in 17 of the last 19 days, totaling $5.6 billion, pushing year-to-date flows to -$2.17 billion. Since May 14, Bitcoin has fallen about 20% from $82,040 to around $64,000, as Michael Saylor argued capital is rotating into AI infrastructure, citing roughly $400B raised over six months.

BitMine Immersion Technologies is pursuing a $300 million preferred stock offering designed to support its Ethereum-focused treasury and operations. The company said it plans to sell 3 million shares priced at $100 each, with a 9.5% annual dividend that would be paid in cash if declared by its board. It also indicated the preferred shares could be listed on the New York Stock Exchange, pending approval.

Bitcoin briefly slid to around $61,300 before rebounding above $64,750, a move of more than 5% that left traders focused on the 200-week moving average near $61,700. In the same 24-hour period, BTC derivatives saw heavy forced selling, with more than $623 million in long positions liquidated out of over $740 million total. Technical observers remain split on whether the bounce signals a local bottom or a pause within a broader bear-flag setup.

Evernorth says the XRP Ledger is processing nearly 3 million transactions per day, up from about 1 million in mid-2025. The company points to banks and other financial firms as the next demand driver and argues the activity reflects real financial use, not only trading interest. It also says it aims to give institutions XRP exposure through a stock-based structure.

Bitcoin's futures positioning is signaling elevated stress as prices slid and open interest rose to about 288,000 BTC while funding stayed positive at 0.083%. In the 24 hours ending June 2, around $672 million in BTC positions were liquidated, as the price fell below $67,000 and attention shifted to the $60,000 area as a pivotal demand zone.

Crypto treasury-company flows fell to $180 million in May, the weakest monthly total since October 2024, with Bitcoin-linked firms taking $177 million of the inflows. April posted $4.4 billion, meaning May was down 95% month over month, while Litecoin recorded a $1.89 million outflow.

Bitcoin ended May at $73,560, down 3.40% for the month, as analysts debated whether the February low near $60,000 marked this cycle's bottom. PlanB argued the data suggests a greater-than-50% chance of further downside, with the 200-week moving average around $61,000 and realized price near $53,000 highlighted as key levels.