SpaceX began trading on Wall Street under the SPCX ticker after selling 556 million shares at $135 each, with the stock opening at $150 and later swinging as high as $170 before slipping below $160. The IPO raised $75 billion and pushed SpaceX's market capitalization above $2 trillion, placing it ninth globally at the time of reporting. The newly assigned trillion-dollar valuation also lifted Elon Musk's paper wealth, with one post claiming he became the world's first trillionaire.

Bitcoin rose from $62,300 to $63,700 in roughly an hour after President Donald Trump said the US would not carry out scheduled strikes on Iran. In the same window, oil fell sharply from above $91 to below $87, while ETH moved back near $1,700, BNB returned to $600, and SOL gained 5% on the day to $67.

Cardano's ADA has sold off sharply, trading around $0.16 after failing at $0.17, with its market cap slipping under $6 billion and ranking 19th by that measure. Santiment says several on-chain "age" indicators have changed direction, including Mean Dollar Invested Age flattening and declining while Age Consumed spiked multiple times since late last week, with one reading the highest since April.

Dogecoin slid below $0.08 on Friday for the first time since February 2025 before edging back to about $0.084 at press time, leaving it roughly 89% under its May 2021 peak. Over the past week, whales accumulated more than 200 million DOGE and total whale holdings climbed to 18.84 billion coins. Spot DOGE ETFs have seen limited demand, with only one inflow day since May 19 and $12.44 million raised since launching in late November 2025.

Bitcoin rebounded from a $59,000 drop to as high as $64,200 before easing to around $63,000, after heightened geopolitical headlines and comments about a potential peace deal. Futures liquidations climbed to well past $600 million in a day, with $467 million coming from shorts. Analyst Merlijn The Trader said the bounce may not mark the bottom, projecting a possible move toward $65,000–$70,000 before a deeper decline into a $48,000–$59,000 DCA range.

Ethereum fell to a 14-month low of $1,500 on Friday after sliding roughly $900 from prior levels. Technical readings cited by analysts include a TD Sequential daily buy signal and ETH/BTC touching 0.026, while on-chain activity shows large purchases such as a $56 million buy under $1,570 and another wallet adding over $28.5 million worth of ETH.

Spot Bitcoin ETFs saw their heaviest weekly net outflow on record, with $1.72 billion pulled during the latest trading week. Over the same period, Bitcoin slid from around $73,000 to as low as $59,100, while total net inflows across the ETFs fell from $59.34 billion to $53.94 billion over four weeks.

Bitcoin fell from above $82,000 to a Friday low of $59,000, briefly slipping under $60,000 before rebounding back above the level. ChatGPT called $60,000 a key psychological support and estimated roughly 40% odds of a break in the coming weeks versus 60% odds it holds and forms at least a medium-term bottom.

US-listed spot XRP ETFs finished the week with $2.62 million in net inflows even as XRP fell from $1.33 to $1.05. June 3 saw $5.34 million in net outflows, but inflows on June 1 ($4.13 million) and June 4 ($3.83 million) helped keep the week positive.