Worldcoin (WLD) rose more than 29% in 24 hours and 51% over the week as roughly $1.7 billion in leveraged positions were liquidated across crypto. WLD's daily trading volume topped $1 billion while Bitcoin fell to $66,000 and Ethereum dropped below $2,000. A scheduled July 24, 2026 issuance change is set to cut daily new WLD supply by about 43%.

Bitcoin fell back below $70,000 this week and was hovering around $67,000 as equities kept printing records in the S&P 500 and Nasdaq 100. Spot Bitcoin ETFs logged more than $23 billion of net outflows in recent weeks, including a $483.8 million exit on June 1, while Strategy disclosed it sold 32 BTC between May 26 and May 31 to fund preferred dividend distributions.

Bitcoin was trading around $77,000 on May 24, 2026 after failing again near the 200-day moving average at $82,000-$83,000, keeping traders focused on whether $60,000 could be revisited. Over the prior two weeks, spot Bitcoin ETFs saw $2.26 billion of net outflows while perpetual swap funding stayed negative for 81 straight days, two signals pointing to cautious positioning. Analysts highlighted $81,000-$85,000 as resistance and $75,000-$76,000 as a key support zone to hold.

Bitcoin rebounded above $77,000 on May 24, 2026 after sliding to $74,500 on Saturday and then recovering within hours. The move followed Donald Trump's remarks about a near-finalized U.S.-Iran peace understanding that referenced reopening the Strait of Hormuz. Data also showed $328.97M in liquidations for the day, including $190M in longs and $138.97M in shorts.

On 22 May 2026, Intercontinental Exchange (ICE) and OKX said they launched perpetual oil futures tied to ICE Brent and West Texas Intermediate (WTI) benchmarks. The products have no expiry date and are set to be offered to OKX's 120 million retail users in jurisdictions where the exchange holds the required licenses. The rollout follows ICE's March 2026 strategic equity investment in OKX at a $25 billion valuation.

Bitcoin was trading around $76,700 on May 19, 2026, down 4.63% over the past seven days, as liquidity across major crypto assets continued to thin. Weekly spot volume for the top 10 digital assets is averaging $80B in 2026 versus $178B in 2025, a shift that analysts say is consistent with fading momentum and weaker rallies.

Ethereum traded around $2,171 on May 16, down 2.3% on the day and about 6% over the week, while holding a $2,100–$2,150 support area near the 100-day SMA. Spot Ethereum ETFs logged $65.7M of net outflows on May 15, extending the streak to five straight negative sessions. RSI near 38 suggests weakening momentum, but the setup remains unconfirmed without a daily close above the Fibonacci 0.382 level.

Bitcoin was turned back at the 200-day SMA and slid toward the $77,500 support area after trading above $81,000 earlier in the week. U.S. spot Bitcoin ETFs posted broad net outflows totaling about 3,670 BTC, while macro data including a 1.4% monthly PPI and 3.8% annual CPI weighed on rate-cut expectations.

Bitcoin’s global hashrate slipped nearly 6% from 1,066 EH/s at the end of Q1 2026 to 1,004 EH/s by Q2, alongside mining revenues hitting a 14-month low. The US, Russia, and China still represent about 65% of network computing power, while Paraguay and Ethiopia increased share by leveraging low-cost hydropower. The report also notes older rigs becoming unprofitable above $0.06/kWh and a policy push in the US tied to hardware supply risks.