ETH has shed 5% in 24 hours and 10% on the week, returning to levels last seen during the February 2026 capitulation, while on-chain data reveals a deepening structural divide between its liquid and illiquid supply layers.
The crypto market selloff continues into the June 2 session with Bitcoin trading at $68,000, down 4.54% over the past 24 hours and 11.59% on the week. Ethereum holds at $1,940, posting a 1.19% daily decline and 8.22% weekly loss. XRP trades at $1.23, off 3.47% on the day and 8.29% over seven days. Solana sits at $77.49, down 2.62% in 24 hours and 9.01% on the week. BNB stands as the lone outlier among majors, printing $674.87 with a modest 0.25% gain on the day and a 1.96% weekly advance.
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Chainlink clawed back above the 0.5 Fibonacci after a sharp drop, but the real resistance cluster is just above. Whether buyers can hold and push through decides what comes next.
After weeks of rejection above $1.40, XRP has pulled back to a critical Fibonacci level. What happens here could set the direction for June.
NEAR spiked, got rejected, and is now coiling at the 0.236 Fibonacci. One crypto analyst sees a market bottom forming this weekend and has already placed his bet.
The big money that fueled crypto's late 2025 bull run has pulled back sharply, whale stablecoin inflows to Binance dropped from $62B to $33B monthly while exchange reserves hit new lows.
SUI broke below the 0.786 Fib and the ascending trendline simultaneously, now trading below all three SMAs, while Michaël van de Poppe says the market is mispricing it significantly.
Aster DEX allocated 67.8% of total supply to community rewards and airdrops - more than any other perp DEX launched in the past year.
ADA is testing the same multi-year support line that launched the 2021 rally, while millionaire wallets hold 67.49% of supply at their highest collective holdings since 2017.
After years in crypto, Raoul Pal says the mistake that costs investors the most isn't what anyone is talking about. He laid out the rules he wishes he'd followed from day one.
Arthur Hayes explains the structural reason most crypto tokens only go down and why Hyperliquid's model is the exception that proves the rule.



