Crypto Assets
BTC
Bitcoin came under heavy selling pressure this week, falling below the $70,000 mark and briefly testing the $61,000 zone as ETF outflows accelerated and geopolitical tensions weighed on risk assets. More than $2 billion has exited Bitcoin ETFs in recent weeks, while capital continues to rotate toward AI and semiconductor stocks. Market sentiment remains cautious as traders await regulatory clarity.
ETH
Ethereum slipped below the $2,000 level and tested the $1,700 mark amid broader market weakness and continued ETF outflows. Despite near-term price pressure, Ethereum remains the dominant smart contract platform and continues to lead the DeFi and tokenization sectors. Analysts believe institutional adoption and growing tokenized asset activity could support ETH once market conditions stabilize.
SOL
Solana declined alongside the broader market but continued to demonstrate strong ecosystem growth. The network remains one of the leading destinations for stablecoin activity, with additional USDC liquidity being minted on Solana to support growing demand. Strong transaction volumes and expanding real-world payment utilities continue to reinforce its long-term growth narrative.
Note: The Federal Reserve’s June 17 interest rate decision is the month’s most critical catalyst; a dovish signal could trigger a sharp recovery. As of now, the crypto market cap stands at $2.21 trillion.
Also Read: Top 10 Cryptos to Invest in June 2026
Events to Watch Closely This Month
- ETHConf New York (June 8-10)
- Consensus Toronto (June 11-13)
- U.S. CLARITY Act developments
- Bitcoin ETF flow data
- Solana ecosystem upgrades
- Federal Reserve policy announcements
Weekly Support and Resistance levels
| Coin | CMP | Support 2 | Support 1 | Trend | Resistance 1 | Resistance 2 |
| BTC | $63,942 | $58,130 | $61,200 | Neutral | $65,850 | $69,650 |
| ETH | $1,793 | $1,530 | $1,680 | Neutral | $1,980 | $2,166 |
| SOL | $71.11 | $64.20 | $67.35 | Positive | $76.65 | $83.50 |
| BNB | $616 | $535 | $589 | Positive | $676 | $695 |
| HYPE | $73.12 | $62.80 | $67.35 | Positive | $78.10 | $84.65 |
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