U.S. spot Bitcoin ETFs have now posted 12 consecutive days of net outflows, with $3.97 billion in BTC liquidated over that span. IBIT accounted for about $2.939 billion of the withdrawals, while FBTC saw nearly $403 million in outflows, as BTC traded at $67,260 after falling nearly 15% over 30 days.

Finbold's AI Agent issued a Bitcoin (BTC) outlook on June 2, projecting an average 7.41% decline in the coming weeks to $62,678 by June 30, 2026. The tool referenced multiple LLM outputs and technical indicators, while BTC was trading around $67,590 at press time after falling more than 14% over the prior 30 days.

On June 2, Mt. Gox moved 10,423 BTC (about $739 million) from its cold wallet to a new address, followed two hours later by a separate 116.29 BTC transfer valued near $8.07 million. The exchange’s cold wallet was shown holding roughly 34,504 BTC worth over $2.4 billion at publication, as the court-approved repayment deadline stands at October 31, 2026.

Finbold screened cryptocurrencies with market caps above $8 billion, excluding stablecoins, and published a top-10 list dated May 28, 2026. The ranking highlights large networks and tokens tied to institutional participation or broad real-world usage, with BTC around $73,150 and ETH near $2,008 at the time of reporting.

Stablecoin supply on the XRP Ledger (XRPL) moved above $1 billion for the first time earlier this week, after rising over recent months. It increased from 683.1 million in April 2026 to about $1.1 billion in May, a month-over-month gain of more than 61%. RLUSD led supply growth on XRPL, reaching $696,663,412 at publication, while OUSG and USDB stood at $294,023,824 and about $104,281,912, respectively.

Bitcoin was turned back near last week's ~$78,000 resistance, falling nearly 2% in the past 24 hours to about $75,680 at the time of reporting. Over the same window, BTC's market capitalization declined by nearly $30 billion to roughly $1.5 trillion. The move followed a reported $1.289 billion single sale tied to BlackRock's iShares Bitcoin Trust (IBIT).

On May 26, Peter Schiff said Strategy Inc. may be depleting cash after using $1.38 billion to repurchase $1.5 billion of 2029 convertible notes, leaving about $871 million in reserves. He argued the balance could strain the firm's Bitcoin accumulation and hinted it might need to protect STRC dividends without selling BTC. Strategy later reported retiring debt at a discount, raising $2 billion via STRC and buying 24,869 more BTC, with holdings listed at 843,738 BTC valued around $65 billion.

U.S. spot Bitcoin ETFs posted six straight days of net redemptions totaling about $1.55 billion from May 15 through May 22, leaving combined assets near $98.87 billion. BlackRock's IBIT accounted for roughly $1.14 billion of the outflow, while Fidelity's FBTC saw net sales of $151 million. Over the past seven days, Bitcoin hovered near $76,000 and was at $77,160 at press time as ETF demand cooled.

Bitcoin spot trading activity across exchanges has sunk to its weakest level in almost two years, with major venues showing steep pullbacks from the October 2025 high. Binance spot volume fell more than 81% from $198.6 billion to about $36.4 billion, while Gate.io dropped 79.6% and Bybit declined 66%. Bitcoin was trading around $76,660 at publication as analysts weighed what low volume could imply for the next move.