Institutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption.
Ether (ETH) price is struggling to reclaim $1,700 due to bearish ETH futures trends and spot ETF outflows, signaling weak institutional appetite. However, strong demand for ETH staking and falling exchange deposits indicate holder confidence in its long-term value, preventing further price declines.
Bitcoin surged to near $64,000 during Friday's US trading session, buoyed by hopes of a US-Iran peace deal and a strong labor market. However, analysts caution that the cryptocurrency's support at the 200-week moving average is historically unreliable, and a deviation below old all-time highs could signal a prolonged bear market bottom.
XRP is trading at $1.11, down 17% from its June open and at a 2026 low, shedding $8 billion in market cap. Despite strong ETF inflows in May, Glassnode data indicates intense capitulation with holders booking significant losses. XRP Ledger fees have plummeted 91.5% due to collapsed organic transaction demand.
Bitcoin (BTC) shows signs of a potential rally after hitting a yearly low of $59,000. Order book data and liquidity suggest a pending upward movement, with over $2 billion in short liquidity near $65,000. Bullish chart patterns and positive bid-ask ratios indicate potential targets between $67,000 and $70,000.
Bitcoin miners are reportedly in a "capitulation" phase, operating on sub-5% margins, a situation historically signaling a prime opportunity to accumulate BTC. Data suggests the current price is near production costs, offering long-term value.
XRP is exhibiting multiple bearish chart patterns, including head-and-shoulders and bear flags, suggesting a potential drop below $1. On-chain data also indicates weak demand, with targets around $0.99 and $0.94.
