Weekly Crypto Report | 1st June 2026

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Crypto Assets

BTC

Bitcoin’s drop below the $75,000 mark highlighted a sharp divergence from the record-breaking AI-driven rally in traditional markets, as crypto sentiment weakened amid delays in key U.S. regulatory legislation. BTC’s rejection near $78,000 further reinforced the disconnect, especially as the tech-heavy NASDAQ-100 climbed to fresh all-time highs, fueled by strong demand for AI infrastructure, semiconductor, and cloud computing stocks. Memory chipmakers SK Hynix and Micron crossed the $1 trillion market-cap milestone for the first time, while additional bearish pressure emerged after Trump Media & Technology Group reportedly transferred 2,650 BTC worth nearly $205 million.

ETH 

Ethereum continued trading under pressure near the $2,100 zone, with analysts warning of a potential bearish breakdown if key support levels fail. Despite weak short-term price action, institutional interest strengthened after Bitmine Immersion Technologies announced its largest ETH accumulation of 2026. Ethereum also maintained its position as the world’s second-largest cryptocurrency, continuing to dominate DeFi, smart contracts, and tokenized finance activity.

SOL

Solana remained one of the most resilient major crypto assets despite broader market weakness, with strong network activity and ecosystem growth reinforcing recovery expectations and strengthening its position as a leading Layer-1 recovery candidate.

Note: As of now, the crypto market cap stands at $2.48 trillion.

Binance

Also Read: What Is Bitcoin? Bitcoin Whitepaper, Mining, and Use Cases

Top Crypto News Updates

  • Bitcoin ETFs See Mixed Flows – Spot Bitcoin ETFs recorded reduced inflows as traders booked profits after recent market rallies.
  • Solana Network Strengthens – Solana continued outperforming several major altcoins, with rising transaction volume and ecosystem expansion.
  • XRP Expands Global Utility – XRP saw increased attention after Ripple-related payment infrastructure developments in the Middle East.
  • HYPE – Surged to a new ATH this week amid strong on-chain DEX growth and ETF launch speculation.
  • ZEC – Gained momentum after Grayscale’s ETF filing and positive SEC clearance developments.
  • TAO – Rallied following the launch of the Covenant-72B decentralized AI model.
  • XRP – Remained in focus as Ripple pursued an OCC charter alongside $22M in ETF inflows and optimism surrounding the CLARITY Act.
  • NEAR – Strengthened its AI-DeFi narrative with over 5 million daily transactions and expanding AI-agent ecosystem activity.

Also Read: What is Crypto Leverage Trading?

Upcoming Crypto Events

Event Date Impact
Consensus Miami June 2026 Institutional crypto adoption discussions
ETHConf New York June 8-10, 2026 Ethereum ecosystem updates
Solana Ecosystem Upgrade Upcoming Scalability & validator improvements
U.S. ETF Decisions Upcoming Potential volatility in BTC market

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Disclaimer:
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.



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