Bitcoin and Ethereum are clawing back ground after a brutal session. BTC has bounced to $61,742 from a low of $59,010, and ETH sits at $1,652 after touching $1,550. The recovery is real, but it's happening against a backdrop of $1 billion in liquidations over 24 hours, one of the three largest liquidation events of the past 90 days.
Grayscale Research is making a contrarian argument: some of the most profitable on-chain protocols are now trading at valuations that would look cheap in any traditional equity market, and a regulatory catalyst may be weeks away.
Bitcoin has broken below $61,000, trading around $60,890 at the time of writing, down 2.25% on the day and 6.24% on the week.
XRP is trading around $1.1011, sitting on a critical support ledge while its on-chain data tells a different short-term story than its price chart.
ETH is back testing lows it hasn't seen since early June, and the technical indicators are flashing warnings. Yet the network itself is doing something it has never done during a sell-off: it's staying remarkably busy.
Glassnode's altcoin season signal is flashing 86, well into altcoin-season territory, but there's a disconnect between that number and what's actually happening to alt prices, and a second indicator tells a very different story.
XRP currently looks like sitting in a wait-and-see phase. After dipping to roughly $1.12 on heavy volume, the price tried to rally toward $1.15 but failed to gain a foothold.
This week's focus sits squarely on the Fed's inflation mandate. With rates on hold and inflation still above target, the market is watching for any re-acceleration in May's PCE data, the kind of surprise that could reprice rate-cut expectations and ripple straight into liquidity-sensitive assets like Bitcoin.
Eric Trump has laid out how his family turned being cut off by major banks into a sprawling crypto operation, framing a forced exit from traditional finance as the start of a permanent pivot.
Crypto's biggest pools of capital are settling into the same place: the foundational networks that everything else runs on.
A spike in Ethereum leaving Binance has raised the question of whether smart money is quietly building a floor under ETH at a key support level.
Two filings landed the same week from two Wall Street giants, and together they reveal something bigger than either product.



