INJ a enregistré son plus fort volume de reprise depuis le point bas de la correction, remettant en avant la zone des 6,06 $ comme résistance clé. Le mouvement intervient après un franchissement de 5,76 $, niveau qui faisait obstacle aux tentatives de rebond.

Le cycle post-halving du Bitcoin est mis à l’épreuve par la demande, alors que la liquidité se tasse et que la structure du marché continue d’évoluer. Ce contexte pourrait remettre en question la pertinence du schéma traditionnel sur quatre ans. L’enjeu se joue désormais autant sur le rythme des capitaux entrants que sur la dynamique de l’offre.

Bittensor's TAO rose 9% over the past 24 hours, lifting its weekly advance to 28% after rebounding from the $180.9 support area. The move carried price from about $215 to $267.4 in two sessions as volume surged above $560 million and momentum indicators improved. Traders are now watching the $280–$300.6 zone, with $244.7–$255 flagged as key support if the pullback deepens.

Stablecoin supply has remained firm near $315 billion even as broader crypto markets stay soft, but exchange inflows for USDT and USDC have cooled markedly. Monthly deposits fell to about $2.9 billion, and the average dropped from roughly $4.47 billion to $3.87 billion, pointing to more selective capital deployment. At the same time, stablecoins are increasingly used in regulated products and real-world payments, rather than purely to fuel trading.

DeFi's total value locked has slid from nearly $178 billion to around $72.5 billion since its late-2025 high, even as stablecoin supply remains near $315 billion. The pullback spans lending, liquid staking, and bridge protocols, pointing to tighter risk selection rather than a breakdown of DeFi infrastructure. Staking levels remain firm, with about one-third of Ethereum supply staked and Solana staking near 68%.

Bitcoin’s sell-side realization has eased after the drop from nearly $126,000 to around $60,000, with the Sell-side Risk Ratio falling toward the lower band near 0.1%. Open Interest sits near $47 billion and several on-chain gauges point to stabilization, but spot demand and participation still look too cautious to confirm a durable recovery.

Crypto volatility triggered about $186 million in liquidations over the past 24 hours, with longs losing $102.8 million and shorts $83.2 million. Bitcoin led with $34.97 million liquidated and Ethereum followed at $24.65 million, underscoring two-way positioning risk. In spot flows, whales distributed over 70,000 BTC over the past month while U.S. Spot Bitcoin ETFs recorded $85.85 million net inflows on June 12.

Bitcoin is being tested by shifting macro conditions as investors brace for a potential Bank of Japan rate increase and tighter funding. With rates expected to move from 0.75% to 1.0% and USD/JPY near 160, markets are watching whether risk appetite weakens as credit conditions firm. BTC was trading around $63,700 at press time, while derivatives positioning shows lower leverage than earlier in the cycle.

On June 11, a Tron (TRX) wallet received $120.2 million in USDT and then routed the funds across multiple destinations, including KuCoin-linked addresses, instant swap services, and cross-chain bridges. Parts of the flow rotated into Monero (XMR), which was up nearly 30% intraday at the time of the incident, while Tether later froze roughly $72 million but an estimated $48 million had already been repositioned.