Crypto market May 31: BTC $73.8K, May -3.6%

Global crypto market on May 31: Bitcoin near $73,800, ETF 10-day outflow streak reaches $2.97B, Strive adds 490 BTC, and Hormuz blockade continues

On Sunday, May 31, 2026, the crypto market closed out a volatile May week. Bitcoin traded near $73,847 - over the month, BTC compressed from a holiday high of $78,000 to a six-week floor of $72,400. May ended with a -3.6% BTC monthly result, snapping two consecutive green months. The US spot Bitcoin ETF outflow streak extended on Sunday - ten consecutive trading days and $2.97B in total outflows since May 15. BlackRock IBIT's $528M single-day outflow was the second-largest on record. Meanwhile, Ethereum held the $2,016 level, Solana $82, XRP above $1.30 support, and Hyperliquid (HYPE) kept $65 near the ATH zone. The headline corporate event - Strive Inc. used its 13% dividend preferred-stock instrument SATA to buy 490 BTC in a single session and lift its holdings to 16,500 BTC, filling the accumulation void left by Strategy Inc. The SEC approved the BlackRock iShares Bitcoin Premium Income ETF (covered call). A US Hellfire missile hit the M/V Lian Star during the Hormuz blockade. Operation Economic Fury seized $1B of Iranian crypto and neutralized the Hormuz Safe initiative. This is Norriwire's daily review of the May 31 global crypto market - top 15 coins, stablecoins, NFT, derivatives and regulatory news.

Market overview

Sunday, May 31, was the second full trading day under the new CME Globex 24/7 regime and closed out May as one of the most volatile months in the past year. Unlike earlier weekends when institutional capital flow signals only arrived with Monday's open, this Sunday offered a deeper picture of market activity - perpetual futures trading on Hyperliquid and other DEX platforms kept solid volume, while CME 24/7 continued to stabilize.

The main weekend driver was the ongoing Hormuz blockade and the collapse of the US-Iran ceasefire MoU. Trump on Sunday demanded absolute Iranian nuclear abandonment and threatened lethal military action. Iran's chief negotiator Mohammad Bagher Ghalibaf rejected the terms and demanded the release of $12B in frozen assets. US military forces executed a Hellfire missile strike against the Gambia-flagged cargo ship M/V Lian Star, which had attempted to breach the naval blockade. Coalition forces disabled five commercial vessels and redirected 116 others, guaranteeing prolonged crude oil logistics disruption.

Total crypto market capitalization stabilized Sunday around $2.60T - slightly below Saturday's close. Bitcoin dominance held in the 58-60% zone. The Altcoin Season Index stayed below 39 points - clearly in Bitcoin Season territory.

Sunday's 24-hour liquidations were moderate - approximately $180-220M with a slightly higher long-side share. That is a calmer signal than the May 28 $930M liquidation event, which was concentrated in speculative long positions. Implied volatility collapsed during May, and market makers stepped away from spot acquisitions during monthly options expiry, missing the $75,000 Max Pain threshold.

The Crypto Fear & Greed Index held Sunday in the 23-28 band - mostly on the Extreme Fear / Fear border, similar to Saturday. Over the month the index fell from 51 (Neutral) in early May to the current 23 (Extreme Fear) - a reflection of institutional capital flight via ETFs and macro pressure.

The main corporate signal Sunday - Strive Inc. acquired 490 BTC in a single session using its 13% dividend preferred-stock instrument SATA. The deal exceeded the day's network issuance - a meaningful structural scarcity signal. Strive lifted total holdings to 16,500 BTC over a series of purchases. Other public entities, including DDC Enterprise and Hyperscale Data, executed non-dilutive balance-sheet acquisitions to build their Bitcoin reserves.

The central macro context - the April Personal Consumption Expenditures (PCE) inflation index hit a three-year high of 3.8% YoY. The core reading reached 3.3%. Energy input costs surged 30%, which likely forces the Federal Reserve to maintain restrictive interest rates. Zero-yield assets suffered under this stance, with fiduciaries rotating capital into yield-bearing sovereign debt.

Because CME (despite the new 24/7 regime), ETF flows and US equities remain on lighter weekend activity, Bitcoin and crypto perpetual futures on Hyperliquid and other DEXs become the primary real-time macro price-discovery layer - another reason HYPE has held onto its monthly gain.

Top 15 coins on May 31

Prices compiled from Bitcoin News Digest, Bitcoin Sistemi, CoinDesk, Bloomberg, Phemex, BingX, Polymarket, CoinShares and Substack publications dated May 31.

1. Bitcoin (BTC) ◆ $73,847 (-0.2% 24h)

BTC traded near $73,847 Sunday - a small -0.2% move from Saturday's close. Over the month Bitcoin fell from a holiday peak of $78,000 to a six-week low of $72,400 and posted a May result of -3.6%. That snapped two consecutive green months. Sunday's intraday high - the $74,000 zone - faded to $73,000 by late evening into the Monday open.

Market capitalization - approximately $1.46T. BTC's technical structure remains consolidative: key support $72,400, resistance $74,500. The main drivers - institutional capital flight via ETFs (10-day streak, $2.97B cumulative), macro pressure from the April 3.8% PCE print, and ongoing Hormuz blockade uncertainty.

On-chain data continues to show high-value address accumulation under $73,000. Bitcoin mining difficulty rose 1.72%, and the 7-day average hashrate reached 1.02 Zettahashes per second.

2. Ethereum (ETH) ◆ $2,016 (flat 24h)

ETH held $2,016 Sunday - similar to Saturday. Market cap - approximately $222B. ETH/BTC ratio stayed around 0.0273 - BTC continues to show slight relative resilience to ETH. CoinShares' weekly report notes that ETH funds lost about $35M in outflows over the last 10 days - more moderate than BTC ETFs.

Ethereum network activity stayed steady through the weekend: L2 throughput approximately 8.2M daily transactions across all layers. SoFi's announcement that it would launch the SoFiUSD stablecoin on Ethereum and Solana for its 15M retail banking customers is a meaningful long-term fundamental signal for the Ethereum ecosystem.

3. Tether (USDT) ◆ $0.9999 (stable)

USDT market cap on May 31 held around $190B. The segment retains 58-60% dominance of the stablecoin market. The headline event - a Tether-Georgia alliance to launch GEL₮ as an officially sanctioned Georgian lari stablecoin. This sovereign endorsement shows that nation-states view localized stablecoins as critical upgrades to global financial infrastructure. The dollar peg was stable through the weekend.

4. XRP ▲ $1.32 (steady above $1.30 support)

XRP held above the $1.30 horizontal support zone Sunday and traded near $1.32. CoinShares' weekly report notes that XRP digital-asset products took in $35M in inflows over the week - a counter-trend to the broader ETF segment. XRP holds one of the best May results among top 10 assets. Market cap - approximately $76B.

5. USDC ◆ $1.00 (stable, but a notable centralization event)

USDC circulation on May 31 held around $77.6B. The USDT/USDC ratio in the segment stays near 2.5:1. Sunday's headline stablecoin-sector signal, however, was the fragility of centralization - Circle froze $12.6M of USDC sitting in a confidential Zama wrapper contract. A traditional civil court ordered the freeze due to a dispute involving Overnight Finance, which had deposited funds into the Zama pool. The contract-level freeze trapped the capital of all innocent third-party users, destroying the asset's fungibility.

6. BNB ◆ ~$610 (flat 24h)

BNB traded in the $605-615 range Sunday. The main technical battle is in the $632-638 zone, a former support turned resistance. Binance published a cryptic post Sunday that triggered strong speculation about a possible announcement next week.

7. Solana (SOL) ◆ $82.1 (-0.3% 24h)

SOL traded $82.1 Sunday - a modest -0.3% decline. Solana's founder endorsed a new upgrade that will increase the daily coin burn rate by at least 16x. That is a positive token economics signal for the longer term. Spot Solana ETF data awaits the Monday open. SOL/BTC ratio continued to drift modestly weaker Sunday.

8. Dogecoin (DOGE) ◆ $0.10 (flat 24h)

DOGE held the $0.10 level Sunday in a stable position. Retail activity over Saturday and Sunday partially recovered on the buy side. DOGE retains one of the highest market sensitivities to risk-sentiment shifts.

9. TRON (TRX) ◆ $0.358 (stable)

TRX traded $0.356-0.360 Sunday. The USDT settlement franchise on the TRON network remains the main fundamental driver - more than $85B of USDT circulates on TRON. TRON over the week sits among the most resilient top 10 assets.

10. Cardano (ADA) ▼ $0.245 (critical support test)

ADA continued to test critical multi-year support at $0.247 Sunday and traded $0.245 - slightly below Saturday's close. Market cap - approximately $8.7B. Analysts note this is a make-or-break level - if $0.247 fails to hold, lower targets sit at $0.113.

11. Hyperliquid (HYPE) ◆ $65.2 (flat, near ATH $67.24)

HYPE held $65.2 Sunday - near the May 29 ATH of $67.24. It is the only top 15 asset with a meaningful monthly gain - approximately +59% in May. The main driver - perpetual trading activity on the Hyperliquid DEX maintains high weekend volume. The recently launched BHYP and THYP Hyperliquid ETFs (issued by BlackRock and Bitwise) attracted $72M in net inflows last week - a strong institutional-interest signal.

Hyperliquid also launched canonical prediction markets Sunday using internal network validators to settle outcomes without external oracles. That is a meaningful ecosystem expansion.

12. SUI ▼ $1.05 (-0.9% 24h, network halt incidents)

SUI traded $1.03-1.06 Sunday. The main negative signal - the Sui Network suffered two complete block production halts due to a gas accounting bug in its v1.72 upgrade, paralyzing transaction finality. That is a serious operational reliability signal for institutional players.

13. Chainlink (LINK) ▼ $8.45 (-0.5% 24h)

LINK traded $8.40-8.50 Sunday. DeFi oracle infrastructure metrics are stable, but short-term price suffers from risk-off flows. Major technical resistance shifted to the $9.00 zone.

14. Avalanche (AVAX) ▼ $8.30 (-0.6% 24h)

AVAX traded $8.25-8.38 Sunday. On a monthly basis AVAX remains among the weakest top 15 assets.

15. Polkadot (DOT) ▼ $1.21 (-0.8% 24h)

DOT traded $1.19-1.23 Sunday. Monthly metrics continue to drift at historically low levels. Polkadot 2.0 upgrade steps continue.

Stablecoins - $322-323B level, SoFiUSD and GEL₮ launches

The stablecoin segment held $322-323B on May 31. USDT (Tether) dominates with approximately $190B and a 58-60% segment market share. USDC (Circle) - approximately $77.6B or 24%. The remaining players (DAI, FDUSD, PYUSD, USDe, RLUSD and new bank-issued stablecoin candidates) together total approximately $55-56B or 17-18% of the segment.

Sunday's headline event - SoFi Technologies launched SoFiUSD, a fully backed dollar stablecoin, on the Ethereum and Solana networks for its 15M retail banking customers. That is a significant traditional bank-crypto integration announcement. In parallel, Mastercard secured a New York BitLicense to advance its tokenized deposit routing infrastructure.

US Treasury Secretary Scott Bessent officially rejected the creation of a Central Bank Digital Currency (CBDC) - cementing a policy preference for private stablecoins. JPMorgan CEO Jamie Dimon attacked this framework, vowing to fight the CLARITY Act legislation out of concern that stablecoins would drain traditional bank deposits.

The second meaningful event - the Government of Georgia executed a strategic alliance with Tether to launch GEL₮ as an officially sanctioned stablecoin pegged to the Georgian lari. This sovereign endorsement demonstrates that nation-states view localized stablecoins as critical upgrades to global financial infrastructure.

Month-end fragility - Circle froze $12.6M of USDC sitting in a confidential Zama wrapper contract. A traditional civil court ordered the freeze due to a dispute involving Overnight Finance. The contract-level freeze trapped the capital of all innocent third-party users, destroying the asset's fungibility. This is a structural weakness of centralized stablecoins that continues to threaten institutional confidence in innocent participants of DeFi protocols.

NFT market - volatility persists, blue-chip collections continue to recover

The NFT segment held a mixed mood on May 31. CryptoPunks floor price - approximately 30.5 ETH (~$61,500-62,000 at Sunday's ETH price). That is slightly lower than Saturday but still in a robust consolidation zone.

BAYC and MAYC floor prices held the uptrend started in early May. BAYC monthly sales volume - $13.42M - outpaced CryptoPunks' $7.78M. The NFT segment's total 24-hour trading volume in May fell 54.89% versus April, but select blue-chip collections (BAYC, CryptoPunks, MAYC, Pudgy Penguins) are showing recovery signals.

OpenSea retains leadership across all blockchains, while Magic Eden still dominates the Solana NFT market. NFT segment total market cap - approximately $1.4B.

ETF flows - 10-day outflow streak $2.97B, BlackRock Premium Income ETF approved

The US spot Bitcoin ETF outflow streak on May 31 reached 10 consecutive trading days - $2.97B total since May 15. It is the longest ETF outflow streak since the funds launched in January 2024. BlackRock IBIT's May 27 $528M single-day outflow was the second-largest on record for that fund.

The headline ETF-segment structural event - the SEC granted accelerated approval for the BlackRock iShares Bitcoin Premium Income ETF on Nasdaq. The fund holds physical Bitcoin and IBIT shares, writing covered call options against the portfolio to generate a fiat dividend. This structural deployment introduces continuous derivative supply to the market, suppressing upward volatility spikes.

Running counter - Hyperliquid ETFs (BlackRock BHYP and Bitwise THYP products) attracted $72M in net inflows last week. It is the only crypto ETF segment that has held a positive flow this month. CoinShares' weekly report notes that XRP funds attracted $35M for the week - a positive outlier.

Kraken also launched the Bitcoin Vault product Sunday, providing up to 2.5% yield for spot holders. The product wraps Bitcoin into a derivative token and routes capital into decentralized lending protocols like Aave and Morpho to harvest borrowing demand. Aave announced intent to launch its V4 architecture on Circle's proprietary Arc blockchain, creating permissioned environments for corporate fiduciaries.

ETF land awaits Monday, June 1, US market open - the first session after Strive's 490 BTC acquisition and the BlackRock Premium Income ETF approval.

Privacy coins - Zcash consolidates, Monero stable

Privacy coins held institutional interest on May 31. Zcash (ZEC) consolidation continues above $500 - the $600 peak still behind. Grayscale's May 12 SEC Form S-3 for a Zcash spot ETF (ticker ZCSH) on NYSE Arca remains the pending regulatory event - it would be the first privacy-coin spot ETF in US history.

Monero (XMR) FCMP++ beta version continues to harden. XMR traded around $188 Sunday - a modest -0.1% 24h move.

Security incidents - four new hack events in the last week

The last 48 hours have logged several significant protocol attacks. Decentralized infrastructure absorbed multiple technical compromises Sunday:

• Gravity Bridge (Ethereum-Cosmos cross-chain conduit): lost $5.4M to a private key compromise. Attackers drained USDC, USDT and Wrapped Ethereum.
• Sui Network: suffered two complete block production halts due to a gas accounting bug in its v1.72 upgrade, paralyzing transaction finality.
• StablR protocol: $2.8M extraction due to a multi-signature wallet key compromise, causing its Euro and Dollar stablecoins to depeg.
• Squid routing impersonation module: drained $3.2M from institutional Safe wallets, exploiting open-ended user permissions.

The cumulative 2026 DeFi theft total is approximately $1.1-1.3B. 40+ DeFi protocols have shut down or suspended operations this year - infrastructure consolidation continues.

Regulatory news - SEC Project Crypto, US-UK HTX sanctions, Spain bans prediction markets

The US regulatory apparatus continued to push structural changes Sunday. SEC Chairman Paul S. Atkins announced the "Project Crypto" initiative, designed to end regulation-by-enforcement and classify major layer-one tokens as commodities.

The PARITY Act advanced further in Congress, proposing the application of the wash sale rule to digital assets to prevent tax-loss harvesting arbitrage. The legislation offers a five-year tax deferral for mining rewards and exempts compliant stablecoin micro-transactions from capital gains reporting.

The CFTC is approving onshore perpetual futures. Kraken will launch regulated perpetuals through Bitnomial, letting traders post native Bitcoin as margin collateral without a fiat conversion. Kalshi secured approval for a Bitcoin perpetual contract, and Coinbase received authorization to route US clients to offshore options venues.

The US and UK coordinated sanctions against adversarial networks Sunday. The United Kingdom imposed structural sanctions on the HTX cryptocurrency exchange and offshore brokers EXMO and Bitpapa, citing Russian financial linkages. These sanctions trigger asset freezes and prohibit British banks from processing transactions tied to these platforms.

Spain's Consumer Rights Ministry launched an embargo against the prediction market sector, banning Polymarket and Kalshi. The ministry classified trustless event contracts as unlicensed gambling mechanisms. Trump's statement backed the CFTC's exclusive authority over prediction markets in the US.

The CLARITY Act awaits a full Senate vote after the May 14 15-9 bipartisan Banking Committee vote. JPMorgan CEO Dimon is mobilizing banking associations to block CLARITY and prevent stablecoins from capturing retail deposits.

GENIUS Act stablecoin rules take effect on July 18. The FHFA (Federal Housing Finance Agency) directive of May 29 ordering Fannie Mae and Freddie Mac to prepare to accept cryptocurrency mortgages remains active.

Corporate treasury events - Strive acquires 490 BTC, Strategy pauses accumulation

Sunday's headline corporate event - Strive Inc. acquired 490 BTC in a single session using its 13% dividend preferred-stock instrument SATA. This purchase exceeded the day's network issuance, marking a meaningful structural scarcity signal. Strive lifted total holdings to 16,500 BTC over a series of purchases. Other public entities, including DDC Enterprise and Hyperscale Data, executed non-dilutive balance-sheet acquisitions to build their Bitcoin reserves.

Strategy Inc. (formerly MicroStrategy), the public enterprise holding an unprecedented 843,738 BTC, paused Bitcoin accumulation. The company used $1.38B to repurchase $1.5B of its own 2029 convertible debt at a discount. It transferred 411 Bitcoin to Coinbase Prime, which triggered an initial 84% liquidation prediction spike - then withdrew the Bitcoin from the exchange shortly after, reducing the liquidation odds.

Michael Saylor's May 24 "this week we bought bonds, not bitcoin" statement continues to shape the corporate treasury narrative. But Strive Inc.'s SATA dividend-instrument approach demonstrates an alternative model - building a financial instrument that attracts a different kind of capital specifically for Bitcoin accumulation.

This treasury-model diversity matters for the entire corporate BTC treasury sector - other companies may follow the Strive SATA model or the Strategy "macro barbell" model, where Treasury yield serves as a safe leg and BTC remains the asymmetric appetite.

Macro context - April PCE 3.8% YoY, Hormuz blockade, Brent stable

The headline May 31 macro event - the April Personal Consumption Expenditures (PCE) inflation index hit a three-year high of 3.8% YoY. The core reading reached 3.3%. Energy input costs surged 30%. That likely forces the Federal Reserve to maintain restrictive interest rates - and continues to push capital rotation from zero-yield crypto assets into yield-bearing sovereign debt.

The Hormuz blockade continues to dictate energy market pricing. The 60-day US-Iran ceasefire MoU collapsed, and Trump on Sunday demanded absolute Iranian nuclear abandonment. Iran's chief negotiator Ghalibaf rejected the terms and demanded the release of $12B in frozen assets. US military forces executed a Hellfire missile strike against the ship M/V Lian Star, which had attempted to breach the naval blockade. Coalition forces disabled five commercial vessels and redirected 116 others.

The oil market held the new May reality despite the blockade: Brent crude around $92.50 per barrel, WTI in the $88-89 range. Month-on-month Brent has fallen from the $113 peak in April to the current $88-92 - a 19% monthly drop and the worst month since the Covid-19 pandemic.

A second macro theme - the US escalation of digital warfare against adversarial networks. US Treasury Secretary Scott Bessent announced "Operation Economic Fury," a coordinated seizure of $1B in Iranian cryptocurrency. The operation neutralized "Hormuz Safe," an Iranian blockchain initiative intended to generate $10B by forcing commercial vessels to pay a Bitcoin tariff for marine insurance.

The third theme - high US and Japanese government bond yields. The US 30-year Treasury yield stays above 5.10% - it continues to offer an attractive risk-free alternative to crypto assets and raises pressure on high-volatility risk assets.

Asset-class rotation dynamics hold: crypto is underperforming this year versus gold (above $3,400/oz), the S&P 500, and fixed income. Equities set fresh records last week on a nine-week run, while Bitcoin, ETH, XRP and DOGE lagged on ETF outflows.

Key numbers - May 31

Top 15 coins

• ◆ BTC $73,847 · -0.2% 24h · -3.6% in May · six-week low $72,400
• ◆ ETH $2,016 · flat 24h · ETH/BTC ~0.0273
• ◆ USDT $0.9999 · stable · $190B in circulation
• ▲ XRP $1.32 · steady · above $1.30 support · $35M weekly ETF inflows
• ◆ USDC $1.00 · stable · $77.6B in circulation · Circle froze $12.6M Zama wrapper
• ◆ BNB ~$610 · flat 24h · resistance $632-638
• ◆ SOL $82.1 · -0.3% 24h · new burn upgrade
• ◆ DOGE $0.10 · flat 24h
• ◆ TRX $0.358 · flat 24h
• ▼ ADA $0.245 · critical support test
• ◆ HYPE $65.2 · flat · +59% in May · near ATH $67.24
• ▼ SUI $1.05 · -0.9% 24h · network halt incidents
• ▼ LINK $8.45 · -0.5% 24h
• ▼ AVAX $8.30 · -0.6% 24h
• ▼ DOT $1.21 · -0.8% 24h

Legend: ▼ down · ▲ up · ◆ stable

BTC additional context

• BTC Sunday price: $73,847
• BTC intraday high: ~$74,000
• BTC May six-week low: $72,400
• BTC May holiday peak: $78,000
• BTC May result: -3.6% (snapped two green months)
• BTC key support: $72,400
• BTC key resistance: $74,500
• BTC mining difficulty: +1.72%
• BTC 7-day average hashrate: 1.02 ZH/s

Market metrics

• Total market: ~$2.60T
• BTC dominance: ~58-60% (stable)
• Stablecoin segment: $322-323B (USDT - $190B, USDC - $77.6B)
• 24h total liquidations: ~$180-220M
• May 28 large liquidation event: $930M (speculative longs)

ETF flows

• US spot Bitcoin ETFs: 10 consecutive outflow days
• Total outflows since May 15: $2.97B
• BlackRock IBIT May 27 single-day outflow: $528M (second-largest on record)
• Hyperliquid BHYP+THYP ETFs weekly inflows: $72M
• XRP funds weekly inflows: $35M

Corporate treasury

• Strive Inc. May 31 acquisition: 490 BTC in a single session (via SATA dividend instrument)
• Strive Inc. total holdings: 16,500 BTC
• Strategy Inc. (formerly MicroStrategy) total holdings: 843,738 BTC (accumulation paused)
• Strategy convertible debt repurchase: $1.38B for $1.5B of debt at a discount

Regulatory news

• SEC approves BlackRock iShares Bitcoin Premium Income ETF (covered call)
• Kraken launches Bitcoin Vault (up to 2.5% yield)
• SEC Chairman Atkins announces "Project Crypto" initiative
• CFTC approves Kraken-Bitnomial regulated perpetuals and Kalshi BTC perpetual
• United Kingdom imposes sanctions on HTX, EXMO and Bitpapa
• Spain bans Polymarket and Kalshi (prediction markets)
• PARITY Act advances in Congress (wash sale for digital assets)
• CLARITY Act awaits Senate vote
• GENIUS Act stablecoin rules take effect July 18

Stablecoin news

• SoFi launches SoFiUSD on Ethereum and Solana (15M customers)
• Mastercard secures New York BitLicense
• Tether-Georgia alliance: GEL₮ Georgian lari stablecoin
• US Treasury Secretary Bessent rejects CBDC, backs private stablecoins

Security incidents (last 48h)

• Gravity Bridge: $5.4M stolen (private key compromise)
• Sui Network: two complete network halts (v1.72 gas accounting bug)
• StablR protocol: $2.8M extraction, EUR/USD stablecoin depeg
• Squid impersonation module: $3.2M from Safe wallets
• 2026 total DeFi theft: $1.1-1.3B

Market context

• Crypto Fear & Greed Index: 23-28 (Extreme Fear/Fear)
• April PCE inflation: 3.8% YoY (three-year high)
• April PCE core: 3.3%
• Energy input costs: +30%
• CryptoPunks floor price: 30.5 ETH ($61,500-62,000)
• BAYC monthly sales volume: $13.42M
• Brent crude: ~$92.50/barrel (-19% in May)
• WTI crude: $88-89/barrel
• US 30-year Treasury yield: above 5.10%
• Altcoin Season Index: below 39 (Bitcoin Season)
• Operation Economic Fury: $1B of Iranian crypto seized
• Hormuz Safe initiative: neutralized ($10B BTC tariff scheme)

This is Norriwire's daily global crypto market report. All pricing and flow data have been cross-referenced against Bitcoin News Digest, Bitcoin Sistemi, CoinDesk, Bloomberg, Phemex, BingX, Polymarket, CoinShares, CryptoSlate and Substack publications. Model: claude-opus-4-7. Author and reviewer: Toms Ābeltiņš.

Sources

• Bitcoin News Digest May 31, 2026
• Bitcoin Sistemi - LIVE May 31, 2026 Daily Highlights
• The Coin Republic - Bitcoin Sentiment 2026 Peak
• Bitcoin Inspector - CryptoNews May 31, 2026
• CoinDesk - Bitcoin ETFs 9-day outflow streak 2.8B
• Blockhead - Bitcoin ETFs 9th outflow day IBIT redemption
• Phemex - Bitcoin Funds Worst Weekly Outflow 2026