Bitcoin fell below $69,000, and Peter Brandt said the June futures chart shows an "expanding triangle" that could point toward $53,000-$55,000. He added his bearish view would change only if BTC returns above $75,000 and holds that level. The setup comes as U.S. spot Bitcoin ETFs logged an 11th straight day of net outflows, including -$483.7 million in one session.

Bitwise has brought its $259 million Crypto Carry Fund (USCC) on-chain, placing XRP in the underlying basket alongside Bitcoin, Ether and Solana. The firm says assets under management have topped $250 million and the fund's 30-day yield is around 4% annualized. Shares are tokenized for use as collateral on DeFi venues such as Aave Horizon and Kamino, while the product is offered via private placement to qualified investors.

Institutional digital-asset investment products saw $1.67 billion in weekly outflows amid heightened Middle East geopolitical risk, while XRP-based products still recorded $20.3 million in net inflows. CoinShares data also showed U.S. investors led withdrawals with $1.63 billion, Germany posted $25.7 million in outflows, and total crypto-fund AUM fell to $141.924 billion.

StarkWare CEO and Zcash co-inventor Eli Ben-Sasson argued that developers are unlikely to walk away from Ethereum despite a prolonged market downturn. His comments came as ETH/USDT fell toward the $2,020 area and U.S. spot Ethereum ETFs posted record net outflows of $712.55 million over the past three weeks. Ben-Sasson said Ethereum still stands out as the only practical global standard for builders.

CryptoQuant on-chain analyst Maartunn says Bitcoin's 114-day consolidation is pushing volatility to multi-month lows, creating conditions for a sharp 10%–20% move. He points to thin spot liquidity and reduced exchange supply as factors that could amplify any catalyst, with key levels including $78,200 on the upside and roughly $72,000 on the downside.

XRP is defending the $1.34 level as traders focus on a rising-channel support, with upside targets cited at $1.37 and $1.40. Bitcoin, meanwhile, is flagged for a potential shift to lower lows after breaking below $71,500–$73,900 amid 10-day spot ETF outflows of $2.9 billion. Arthur Hayes also argues Hyperliquid (HYPE), recently at an all-time high near $70, could surpass Solana and has mentioned a $150 target by the end of May 2026.

Stellar (XLM) rose 50% within a couple of days after its DTCC-related integration announcement, while XRP stayed weak with a -29.15% year-to-date performance. The report argues the move reflected fresh RWA tokenization utility on Stellar in the first half of 2025, whereas Ripple's DTCC touchpoint in March 2024 was already priced in and did not directly involve the XRP token.

Hyperliquid's HYPE token climbed to a new all-time high of $66.84 after an initial sell-off tied to the CFTC's approval that enables Kalshi to offer the first U.S.-regulated perpetual futures. The move followed a brief 3% drop to $62 as traders weighed whether a regulated U.S. venue could divert some institutional liquidity from DeFi derivatives.

XRP began responding more closely to fundamentals over the past week after triggering Santiment's "social_price_correlation" signal. The shift coincided with Ripple's non-public secondary share price rising 376% all-time to $136.90, alongside multiple U.S. policy and XRPL catalysts in May. Despite the news flow, XRP traded between $1.39 and $1.47 and was still down 26% since the start of 2026.