Bitcoin hovered around $62,000 as geopolitical risk rose after Iran said it had closed the Strait of Hormuz and the US reported additional strikes in the region. US CPI climbed to 4.2% on Thursday, the highest in three years, adding pressure to risk assets. The broader crypto market cap sat near $2.2 trillion, close to levels last seen in October 2024.

Crypto-AI projects have extended their fundraising streak to five consecutive quarters, with Q2 2026 year-to-date funding rising to $600 million versus about $60 million in Q2 2025. However, the AI token sector is still down 8.1% YTD by fully diluted market cap, while only a handful of tokens have rallied recently.

UAE-based ASK Group and U.S. blockchain firm Keeta have formed a joint venture to build a public exchange that turns commodities such as oil, gold, silver and copper into fractional tokens, with a planned launch by 2027. The project targets 1-to-1 reserve backing with audited holdings, 400-millisecond settlement, and on-chain proof of reserves, while also positioning Keeta's Layer 1 network for cross-border remittances.

XRP has moved into a downside correction after failing to hold above $1.1550, and it is trading below $1.1350 alongside the 100-hour Simple Moving Average. The chart shows a bearish trend line with resistance at $1.120, while the next key supports are $1.10 and $1.080; a close under $1.080 could open room toward $1.0650 and $1.050.

Axel Adler Jr. said in his June 10 Adler AM Bitcoin Morning Brief that Bitcoin is again showing on-chain capitulation as Realized Cap contracts and loss-taking dominates activity. He reported Realized Cap fell by roughly $12 billion from a mid-May peak, while the 30D change slid to -1.1% and adjusted SOPR stayed below 1.0 for 13 days. BTC was trading at $61,828 at press time.

Osaka Exchange plans to introduce Bitcoin futures by 2028 to give Japanese institutional investors a regulated way to hedge Bitcoin exposure tied to ETFs. The plan was reported on June 11, with OSE President Akira Tagaya saying the product is aimed at institutions already accessing Bitcoin through the ETF process. In parallel, Japan's FSA is preparing changes that could treat crypto as "specified assets" under the Investment Trust Law, a shift analysts say could support a market worth up to ¥1 trillion.

World Liberty Financial (WLFI), the controversial DeFi protocol heavily backed by the Trump family, has emerged as one of the digital asset market's top daily gainers. Bucking the broader market’s defensive posture following the latest U.S. Consumer Price Index (CPI) inflation print, the WLFI governance token surged 8.69% over the past 24 hours to trade at $0.05904, drastically outperforming major Layer 1 assets.

Marvell Technology Inc. (NASDAQ: MRVL) found itself at the epicenter of market volatility this week, experiencing a swift $$5.35\$$ intraday pullback to close at $252.59 on June 10, 2026. This decline extended into after-hours trading, with shares sliding an additional 2.9% to $245.27.