Bitcoin fell below $70,000 and was trading at $69,397 as the Bitcoin Rainbow Chart placed it under the model's lowest projected valuation band for late June. The chart's June 30 projection suggests BTC would need to be around $78,900 to enter the "Bitcoin is dead" zone, while higher bands range from about $105,000 to above $1.23 million. The model is presented as a long-term sentiment and valuation gauge rather than a short-term price target.

Strategy (NASDAQ: MSTR) reported selling 32 Bitcoin between May 26 and May 31 for about $2.5 million, its first BTC sale since December 2022. The disclosure came as Bitcoin traded at $71,482 at press time, down nearly 3% over 24 hours and 8% on the week. Some commentators said the move may be routine treasury management to fund preferred stock dividends, while others questioned whether it could shape sentiment around future sales.

BlackRock's spot Bitcoin and Ethereum ETF products recorded about $1.22 billion in net outflows over the past week. Bitcoin-linked withdrawals were driven mainly by iShares Bitcoin Trust (IBIT), including a $527.8 million redemption on May 27, while its Ethereum funds posted smaller net outflows led by ETHA.

Stellar (XLM) drew renewed bullish attention after analyst Mikky Bull Crypto outlined a possible breakout in a May 31 X post, projecting a move toward the $5–$11 range in a future altcoin season. By press time, XLM traded at $0.24, down 0.85% over 24 hours but up 63% on the week, with RSI at 86.61 and price above the 50-day and 200-day SMAs.

XRP drew renewed bullish interest after exchange-flow data showed a net swing toward outflows following a major May 28 deposit event. Between May 29 and May 30, 25.24 million XRP moved off exchanges, after 22.8 million XRP flowed onto exchanges on May 28, while price later rebounded about 5% and held near $1.34.

Ripple is scheduled to unlock 1 billion XRP from escrow on June 1, 2026, representing the fifth planned escrow release of the year. With XRP around $1.35, the tokens carry a headline value of roughly $1.35 billion, though Ripple has historically re-locked 60% to 80% of each release. XRP was last seen near $1.34, down 0.3% over 24 hours and almost 2% on the week.

An AI model projects Ethereum (ETH) could trade around $2,140 on June 1, 2026, as the asset tries to stabilize after recent weakness. At the time of analysis, ETH changed hands at $2,014, sitting near the $2,000 psychological level after failing to regain resistance above $2,100. Analysts are monitoring support in the $1,900 to $1,950 zone amid softening sentiment and continued ETF-related outflows.

In Q1 2026, average daily transactions on the XRP Ledger (XRPL) increased 35% quarter-over-quarter to 2.48 million, pointing to higher on-chain usage of XRP. The quarter also saw expansion in tokenized real-world assets and stablecoins on XRPL, alongside a 2% rise in U.S. spot XRP ETF holdings. Messari published the quarterly figures on May 29, 2026.

Bitcoin’s on-chain participation has cooled over the past two weeks, with active addresses dropping from about 821,000 to 494,000, a 39.8% decline. The pullback comes as BTC continues to consolidate below $80,000, while spot price was $77,363 at press time after a roughly 0.5% 24-hour gain.