Bybit launched IPO Express on June 7, letting eligible users subscribe to tokenized IPO share exposure at the offering price, starting with SpaceX under the ticker SPCX. Subscriptions run through June 11 and spot trading is scheduled to open June 12. If the final offering price lands within 20% of the indicative price a user accepted, the allocation can be executed automatically without an extra confirmation step.

Analyst Dr Cat said XRP could eventually target around $30, but argued the move may not play out until late 2027 or 2028. He highlighted $1.034 as a potential long-term buy zone tied to a thick Ichimoku Cloud support area, while warning a deeper Bitcoin correction could still pressure XRP.

Bitcoin fell from $62,500 to around $59,000 after the May 2026 U.S. jobs report, and was last quoted at $59,990—down 6% over 24 hours and the lowest level since October 2024. The move came as spot Bitcoin ETFs logged 14 straight sessions of outflows nearing $5 billion, while CoinGlass data showed $545 million in liquidations on Friday, including $444 million in longs.

A July 4 target for moving crypto market-structure legislation through the U.S. Senate is looking less certain. Galaxy Digital research head Alex Thorn cut his estimate for the CLARITY Act passing in 2026 to 60% from 75%, saying a crowded Senate calendar—now including FISA-related business after a failed reauthorization vote—has tightened the window.

XRP's monthly RSI slid to 41.64, the lowest level ever recorded for the token, while June trading is still in progress. The reading was flagged publicly on June 4, 2026, as XRP fell from $1.18 toward about $1.11, and a move back above $1.30 before month-end could lift the final RSI close.

Peter Schiff argued on June 4, 2026 that Tether's USDT is positioned to surpass Ethereum's market cap and could eventually exceed Bitcoin's as well. USDT was near $188 billion in market value, leaving it less than $26 billion behind Ethereum, while Bitcoin recently slid toward the $61,500 area and briefly hit $61,460 after an hourly drop of more than $2,000.

Bitcoin spot ETFs have logged net outflows in 17 of the last 19 days, totaling $5.6 billion, pushing year-to-date flows to -$2.17 billion. Since May 14, Bitcoin has fallen about 20% from $82,040 to around $64,000, as Michael Saylor argued capital is rotating into AI infrastructure, citing roughly $400B raised over six months.

BitMine Immersion Technologies is pursuing a $300 million preferred stock offering designed to support its Ethereum-focused treasury and operations. The company said it plans to sell 3 million shares priced at $100 each, with a 9.5% annual dividend that would be paid in cash if declared by its board. It also indicated the preferred shares could be listed on the New York Stock Exchange, pending approval.

Bitcoin briefly slid to around $61,300 before rebounding above $64,750, a move of more than 5% that left traders focused on the 200-week moving average near $61,700. In the same 24-hour period, BTC derivatives saw heavy forced selling, with more than $623 million in long positions liquidated out of over $740 million total. Technical observers remain split on whether the bounce signals a local bottom or a pause within a broader bear-flag setup.