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Crypto market June 1: BTC under $73K, HYPE ATH $73.55
Daily review of June 1 (Monday) global crypto market - top 15 coins, stablecoins, NFT, derivatives, regulatory news. BTC slid below $73,000 to the $71,400 zone, ETF outflows 10 consecutive days at $2.97B, Hyperliquid (HYPE) reached a new ATH $73.55 and took DOGE's spot in the top 10. US-Iran Hormuz blockade and oil prices keep pressure on the market, GENIUS Act public consultations end June 2.

On Monday, June 1, the crypto market extended its weakness streak. BTC slid below $73,000 - $72,145 at 8:45 a.m. ET, $71,400 by 9:56 a.m. ET. ETH -1.04% to $1,981, XRP -3.85% to $1.27, SOL -0.85% to $81. Hyperliquid (HYPE) hit a new ATH $73.55 with $16.3B market cap, taking Dogecoin's spot in the top 10. Arthur Hayes forecast HYPE will surpass Solana. ETF outflow streak holds 10 consecutive days at $2.97B - longest run on record. Investors pulled $1.67B from digital asset products last week. Hormuz blockade and higher oil keep pressure on the market. GENIUS Act public consultations (Treasury, FDIC, FinCEN) end June 2, Senate resumes CLARITY Act June 3. Token unlocks for the week total $700M, including a $684M HYPE unlock on June 6.
Global crypto market on June 1: Bitcoin slid below $73,000 to the $71,400 zone, Hyperliquid hit ATH $73.55 and replaced Dogecoin in the top 10, ETF outflow streak continues
On Monday, June 1, 2026, the crypto market extended its weakness streak as ETF outflows and higher oil prices kept pressure on digital assets. Bitcoin traded at $72,145 at 8:45 a.m. ET and slid to $71,400 by 9:56 a.m. ET - roughly $1,675 down from Sunday morning. Ethereum lost 1.04% to $1,981, XRP fell 3.85% to $1.27, and Solana shed 0.85% to $81. The headline altcoin event - Hyperliquid (HYPE) reached a new all-time high of $73.55 with a market cap of around $16.3B, taking Dogecoin's spot in the top 10 largest cryptocurrencies. BitMEX co-founder Arthur Hayes said Monday that HYPE could surpass Solana by the end of the bull market, setting a $150 price target. The US spot Bitcoin ETF outflow streak held at 10 consecutive sessions with cumulative outflows of $2.97B - the longest run since launch in January 2024. Investors pulled $1.67B from digital asset products last week - the largest weekly outflow of 2026. The Hormuz Strait blockade continues to weigh on global energy markets, with Brent crude holding above $92. GENIUS Act public consultations at Treasury, FDIC and FinCEN formally close on June 2, while the US Senate resumes CLARITY Act discussions on June 3. The week also brings roughly $700M in token unlocks, including a $684M HYPE unlock on June 6. This is Norriwire's daily review of the June 1 global crypto market - top 15 coins, stablecoins, NFT, derivatives and regulatory news.
Market overview
On Monday, June 1, the crypto market opened the new month with deeper consolidation below the $73,000 level for Bitcoin. This was the first US equities trading day after the weekend, and investors found that pressure on risk-on assets continues. Traditional equities reprised the AI-led rally dynamic, with the S&P 500 closing the week at new records, but Bitcoin and the broader crypto market did not join the upside move.
The main session driver was the ongoing Hormuz Strait blockade and higher oil prices. Trump and the Iranian leadership did not reach a ceasefire agreement Monday - the president was expected to sign a 60-day ceasefire extension, but key sticking points continued to put long-term peace prospects on shaky ground. Brent crude stayed above $92 per barrel, which continues to feed inflation concerns and shapes the Federal Reserve policy outlook.
Total crypto market capitalization opened Monday around $2.55-2.58T - a moderate decline from Sunday's close. Bitcoin dominance hovered in the 58-59% band. The Altcoin Season Index traded at 55 points Monday - clearly neutral territory but with an upward bias compared with Sunday's Bitcoin Season zone. This indicator suggests that some altcoins (mainly HYPE) are starting to draw liquidity to their side.
24-hour liquidations Monday were higher than Sunday - approximately $280-350M with a larger long-side share. That reflects a reality in which traders were positioned for an upside open and met conflicting price action. The Crypto Fear & Greed Index held in the 22-26 band - mostly Extreme Fear territory, a slight downshift from Sunday's 23-28 print.
The main corporate signal Monday was the ongoing debate around the corporate Bitcoin treasury narrative. Strategy Inc. (formerly MicroStrategy) maintained paused accumulation, while Strive Inc., which on Sunday bought 490 BTC via its SATA dividend instrument, continued to draw institutional attention as an alternative treasury model. Other public entities - DDC Enterprise, Hyperscale Data, Metaplanet in Japan - continue smaller-scale purchases.
This week will be structurally important. On Tuesday, June 2, the GENIUS Act public consultations led by the US Treasury, FDIC and FinCEN formally close. On Wednesday, June 3, the US Senate resumes CLARITY Act discussions, targeting a final signing in August. These two events define the US regulatory perimeter for stablecoin issuers and broader digital asset service providers.
Several major token unlocks are scheduled for the week - roughly $700M in total value. The largest event is the $684M HYPE unlock planned for June 6. That supply flow can short-term cap HYPE upside despite the strong underlying demand and Arthur Hayes' $150 price target.
Top 15 coins on June 1
Prices compiled from Fortune, Yahoo Finance, CoinDesk, BanklessTimes, Bitcoin Foundation, Cryptonews, CoinMarketCap, CoinGecko and Bitget News publications dated June 1.
1. Bitcoin (BTC) ▼ $71,400-$72,145 (-1.4% 24h)
BTC traded Monday in a wide $71,400-$73,568 range. It opened at $73,568, but with the US session start began a pressure run - at 8:45 a.m. ET the price was $72,145, but by 9:56 a.m. ET it continued falling to $71,400. The intraday range expanded into the $72,500-$74,000 corridor. The 24-hour decline - approximately 1.4%.
Market capitalization - approximately $1.33T. BTC's technical structure remains consolidative below $73,000: key support has moved to $71,400, resistance holds at $74,500. The main drivers - institutional capital flight via ETFs (10-day streak with $2.97B in outflows), higher oil prices from the Hormuz blockade, and the Federal Reserve maintaining a restrictive stance following the April 3.8% PCE inflation print.
On-chain data continues to show high-value address accumulation under the $73,000 level. The Bitcoin Sentiment Index hit a 2026 peak Monday - indicating that despite the price drop, long-term institutional confidence remains high. Polymarket forecasts stay cautious - the probability of reclaiming $75,000 in June has fallen below 40%.
2. Ethereum (ETH) ▼ $1,981 (-1.04% 24h)
ETH fell below the $2,000 level Monday and traded around $1,981 - a 1.04% decline over 24 hours. Market cap - approximately $233B. ETH/BTC ratio improved slightly to around 0.0277, but the relative weakness signal remains. The CoinShares weekly report noted that ETH funds continue moderate outflows - $35M over the last 10 days.
Ethereum network activity holds steady - L2 throughput approximately 8.2M daily transactions across all layers. The key fundamental signal remains the SoFi Technologies SoFiUSD stablecoin project launched on Ethereum and Solana for 15M retail banking customers.
3. Tether (USDT) ◆ $1.00 (flat)
USDT market cap on June 1 stayed around $190B. The segment retains 58-60% dominance of the stablecoin market. No significant peg fluctuations Monday. On a monthly view, USDT continues to entrench its leading role despite the launch of USAT (Tether's new US institutional product) and sovereign products such as Georgia's GEL₮.
4. XRP ▼ $1.27 (-3.85% 24h)
XRP lost the $1.30 horizontal support zone Monday and fell to $1.27 - a 3.85% decline over 24 hours. Market cap - approximately $73B. That is a strong weakness signal after a week in which XRP funds attracted $35M of inflows.
The CLARITY Act (Digital Asset Market Clarity Act), which will formally classify XRP as a commodity under CFTC jurisdiction, advances through Congress with the White House targeting July 4, 2026, for the president's signature. Ripple announced a four-phase plan to make the XRP Ledger quantum-resistant by 2028 - the process begins in 2026 with emergency "Q-Day" tools and vulnerability assessments.
5. USDC ◆ $1.00 (flat)
USDC supply on June 1 stayed around $75.6B. The USDT/USDC ratio in the segment remains around 2.5:1. No new freeze or depeg incidents Monday - Sunday's $12.6M USDC freeze in the Zama wrapper contract retains its impact on institutional confidence in DeFi. Circle continues to cement its position as the preferred stablecoin choice for regulated institutions.
6. BNB ▼ $682.85 (-0.7% 24h)
BNB traded around $682.85 Monday - a moderate decline from Sunday's $685 zone. The main technical battle continues in the $670-$690 range. Binance's Sunday cryptic announcement is being met with continued speculation about new product announcements next week.
7. Solana (SOL) ▼ $81.00 (-0.85% 24h)
SOL traded at $81.00 Monday - a 0.85% decline over 24 hours. The Solana Firedancer upgrade scheduled for 2026 is expected to scale throughput beyond one million transactions per second. That is a meaningful long-term fundamental signal.
However, the main negative signal - Arthur Hayes said Monday that HYPE will "at a minimum" exceed Solana's market cap by the end of the bull market. This forecast will draw attention to capital rotation from the Solana ecosystem to the Hyperliquid ecosystem in coming months.
8. Dogecoin (DOGE) ▼ $0.0995 (-2.1% 24h)
DOGE lost the $0.10 level Monday and traded around $0.0995 - a 2.1% decline over 24 hours. Market cap - approximately $15.4B. This is a symbolically significant milestone - DOGE on Monday for the first time lost its top 10 spot as HYPE surpassed its capitalization with a $16.3B valuation.
9. TRON (TRX) ◆ $0.358 (flat)
TRX traded in the $0.356-$0.360 range Monday - flat over 24 hours. The USDT settlement franchise on the TRON network keeps the main fundamental driver - more than $85B in USDT circulates on the TRON network. TRON remains among the most resilient top 10 assets on a weekly basis.
10. Hyperliquid (HYPE) ▲ $72.5 (ATH $73.55, new top 10 entry)
HYPE reached an all-time high of $73.55 Monday before a small correction to $72.5. Market cap - approximately $16.3B, 24-hour trading volume - $1.5B. This is a historic day for the Hyperliquid community - HYPE for the first time surpassed Dogecoin ($15.4B) and took a spot in the top 10 largest cryptocurrencies.
BitMEX co-founder Arthur Hayes said Monday that HYPE could surpass Solana's market cap (~$47.7B vs. HYPE's ~$15B at the moment) by the end of the bull market, setting a $150 price target. This forecast triggered additional demand and institutional interest.
Hyperliquid's underlying metrics remain dominant - the platform processed $181B in transactions over the last 30 days and $40B in perpetual futures trading over the last 7 days. That is significantly more than Solana and Ethereum DEX protocols.
The main risk factor - a $684M HYPE token unlock scheduled for June 6, which could create short-term supply pressure.
11. Cardano (ADA) ▼ $0.2255 (critical support test)
ADA continued testing critical multi-year support at $0.225 Monday. Market cap - approximately $8.0B. The key signal - HYPE has surpassed ADA's market cap, which was a meaningful psychological reference point as recently as May. The Cardano blockchain hit a new major milestone Monday - the Plomin hard fork is fully activated, but the price reaction stays weak.
12. Sui (SUI) ▼ $1.03 (-1.8% 24h)
SUI traded in the $1.01-$1.05 range Monday. After the network halt incidents triggered by Sunday's v1.72 upgrade, the Sui Foundation released an emergency v1.73 patch Monday that restored gas accounting stability. The patch was deployed via coordinated validator action and restored transaction finality before the US market open. However, the operational reliability signal to institutional players remains weak.
13. Chainlink (LINK) ▼ $8.32 (-1.5% 24h)
LINK traded in the $8.28-$8.42 range Monday. DeFi oracle infrastructure metrics are stable, but the short-term price suffers from the risk-off flow continuing through the week's open. Key technical resistance moved to the $9.00 zone.
14. Avalanche (AVAX) ▼ $8.15 (-1.8% 24h)
AVAX traded in the $8.10-$8.25 range Monday. On a monthly view, AVAX remains one of the weakest top 15 assets. The Avalanche Foundation continues to work on subnet ecosystem expansion, but short-term price action has not followed the fundamental improvements.
15. Polkadot (DOT) ▼ $1.18 (-2.5% 24h)
DOT traded in the $1.16-$1.21 range Monday - a 2.5% decline. The monthly readings continue to oscillate at historically low levels. Polkadot 2.0 upgrade steps continue, but they have not provided a price reaction.
Stablecoins - $322-323B level, GENIUS consultations close June 2
The stablecoin segment stayed in the $322-323B range on June 1 - similar to Sunday. USDT (Tether) dominates with approximately $190B and 58-60% segment market share. USDC (Circle) - approximately $75.6B or 23%. Other players (DAI, FDUSD, PYUSD, USDe, RLUSD, SoFiUSD and new bank-issued stablecoin candidates) together make up approximately $57B or 18% of the segment.
Monday's most important regulatory event - the GENIUS Act public consultations led by the US Treasury Department, FDIC and FinCEN officially close on June 2. The responses received will directly shape the rules stablecoin issuers must comply with daily. The GENIUS Act establishes the first comprehensive federal framework for dollar-backed stablecoins with reserve requirements, audit standards, and clear oversight procedures.
Under the law, supervisory agencies must publish implementing rules for US dollar-backed stablecoin issuers by July 18, 2026. Full rules take effect no later than six months after that - by January 18, 2027.
SoFi Technologies continues to build out the SoFiUSD ecosystem following the Sunday launch announcement. Mastercard's New York BitLicense grant allows the traditional financial institution to advance its tokenized deposit routing infrastructure. JPMorgan CEO Jamie Dimon continues to mobilize bank associations to block the CLARITY Act, arguing that stablecoins will drain traditional bank deposits.
Other key segment trends - the projected market growth of yield-bearing stablecoins to over $50B in 2026. This sector can create additional structural demand for the Ethereum and Solana ecosystems.
NFT market - mixed sentiment, blue-chip collections retain higher floor prices
The NFT segment maintained mixed sentiment on June 1. CryptoPunks floor - approximately 30.3 ETH (~$60,000 at Monday's ETH price) - slightly below Sunday. BAYC and Pudgy Penguins floor prices retain May's higher levels, but trading volumes remain low.
BAYC's 30-day sales volume - $13.42M - continues to outpace CryptoPunks' $7.78M. NFT segment total trading volume fell 54.89% in May versus April, but selective blue-chip collections show resilience. BAYC's floor rose from April's $14,300 to $25,150 - a 75.87% increase. Pudgy Penguins' floor moved from $9,500 to $12,900.
OpenSea retains the leading position across all chains, while Magic Eden still dominates the Solana NFT market. NFT segment total market cap - approximately $1.4B. The TON blockchain saw a $191,000 NFT sale - a rare event in that ecosystem and a sign of renewed interest in TON NFTs.
ETF flows - 10-day outflow streak $2.97B, BlackRock IBIT pressure continues
The US spot Bitcoin ETF outflow streak holds at 10 consecutive trading sessions on June 1, with cumulative outflows of $2.97B since May 15. That is the longest ETF outflow streak since launch in January 2024. The CoinShares weekly report notes that investors pulled $1.67B from digital asset products last week - the largest weekly outflow of 2026.
BlackRock's iShares Bitcoin Trust (IBIT) maintains approximately $54B in AUM, still about 49% of the entire US spot Bitcoin ETF market by AUM. The fund suffered several consecutive sessions of heavy redemptions - the May 27 single-day outflow of $528M was among the largest since launch.
A positive exception signal - the Hyperliquid ETFs (BlackRock BHYP and Bitwise THYP products). These funds attracted $72M of net inflows last week. That is the only crypto ETF segment maintaining positive flow this month. XRP funds attracted $35M for the week - another positive exception trend.
ETF investors are waiting for the June 4 BlackRock iShares Bitcoin Premium Income ETF (covered call) initial trading open. The launch of this structural product can introduce a new continuous derivatives supply flow to the market that potentially dampens upside volatility swings.
Kraken's Bitcoin Vault product, which offers up to 2.5% yield, continues to attract retail users seeking an alternative to CeFi yield strategies without needing to engage complex DeFi protocols.
Privacy coins - Zcash consolidates, awaiting Grayscale ZCSH ETF decision
The privacy coin segment maintained interest in the institutional investor crowd on June 1. Zcash (ZEC) consolidation continues above the $500 level - the $600 peak is still behind. Grayscale's May 12 Form S-3 filing with the SEC for the Zcash spot ETF (ticker ZCSH) on the NYSE Arca exchange remains the awaited regulatory event - it would be the first privacy coin spot ETF in US history.
Monero (XMR) FCMP++ beta continues to firm up. XMR traded around $186 Monday - a 1.1% decline over 24 hours.
Security incidents - Sui v1.73 patch, new protocols under attack
Monday recorded several protocol events. The Sui Foundation released the v1.73 patch that restores gas accounting stability after Sunday's network halt incidents. The upgrade was deployed via coordinated validator action and restored transaction finality before the US market open.
Other significant security events over the past 24 hours:
- Gravity Bridge (Ethereum-Cosmos cross-chain connection): investigation continues into Sunday's $5.4M private key compromise. The bridge remains paused.
- StablR protocol: $2.8M extraction from Sunday continues to leave impact - Euro and Dollar stablecoin depegs remain.
- Squid routing fake module: $3.2M identified from institutional Safe wallets through open user allowances.
Total 2026 DeFi theft reaches approximately $1.1-1.3 billion. 40+ DeFi protocols have shut down or paused operations this year - infrastructure consolidation continues.
Regulatory news - GENIUS consultations end June 2, CLARITY in Senate June 3
The US regulatory apparatus is preparing for two key weekly actions on Monday. On Tuesday, June 2, the GENIUS Act public consultations led by the Treasury Department, FDIC and FinCEN officially close. The responses received will form the foundation of the rules stablecoin issuers must comply with starting in January 2027.
On Wednesday, June 3, the US Senate resumes CLARITY Act discussions, which will formally define the digital asset products and services regulatory perimeter and clarify the CFTC vs. SEC oversight responsibilities. The White House target - the president signs the CLARITY Act by July 4, 2026. This legislation is particularly important to XRP, ADA and other players' regulatory status.
SEC Chair Paul S. Atkins continues to push the "Project Crypto" initiative aimed at ending enforcement-by-regulation and classifying major layer-one tokens as commodities. The PARITY Act advances further in Congress, proposing wash sale rule application to digital assets.
The CFTC issued additional guidance on the new perpetual futures on Monday. Kraken-Bitnomial regulated perpetual contract trading continues to grow, and Coinbase receives authorization to route US clients to offshore options venues.
The United Kingdom continues to enforce Sunday's sanctions against HTX, EXMO and Bitpapa offshore exchanges and brokers. Spain continues its embargo against Polymarket and Kalshi prediction markets.
Corporate treasury events - Strategy awaits weekly report, Strive continues SATA strategy
The corporate Bitcoin treasury sector awaits Strategy Inc.'s (formerly MicroStrategy) weekly report Monday, which will officially announce the company's new-week acquisition decision. After Michael Saylor's May 24 statement "this week we bought bonds, not bitcoin," the company maintains paused accumulation and uses $1.38B to repurchase $1.5B of its 2029 convertible debt at a discount.
Strive Inc.'s SATA dividend instrument approach continues to draw institutional attention as an alternative treasury model. Strive on Sunday bought 490 BTC in a single session, lifting total holdings to 16,500 BTC.
DDC Enterprise, Hyperscale Data and Metaplanet in Japan continue smaller-scale non-dilutive balance-sheet acquisitions. On a monthly view, total corporate treasury accumulation oscillates around 1,200-1,500 BTC - enough to partially cover network issuance but not enough to create a structural scarcity signal under current demand conditions.
Macro context - Brent above $92, Hormuz blockade, missing ceasefire MoU
The main macro context on June 1 holds the continuing Hormuz blockade impact on the global energy market. Brent crude traded above $92 per barrel, WTI in the $88-$89 range. Oil prices continued rising Monday after the ceasefire MoU between the US and Iran failed to reach agreement.
Trump on Monday was expected to sign a 60-day ceasefire extension, but key sticking points - Iran's nuclear abandonment, the release of $12B in frozen assets, and ending the Hormuz blockade - continue to threaten long-term peace prospects. US and Iranian representatives continue negotiations, but the week's open did not bring a clear change signal.
The US-UK coordinated sanctions against HTX, EXMO and Bitpapa offshore exchanges and brokers continue to impact global capital flows. Operation Economic Fury, which on Sunday seized $1B of Iranian crypto, remains active. The Hormuz Safe initiative, which the US neutralized - a scheme that planned to raise $10B by forcing commercial vessels to pay a Bitcoin tariff for maritime insurance - remains disabled.
The April PCE inflation print (3.8% YoY, core reading 3.3%) continues to define the Federal Reserve policy outlook. On Monday market participants are waiting for the June 6 June FOMC meeting preview signals. The US 30-year Treasury yield holds above 5.10% - that continues to offer an attractive risk-free alternative to crypto assets.
The equities market posted new records last week with a nine-week run, while Bitcoin, ETH, XRP and DOGE lagged this rise due to ETF outflows and the Hormuz blockade.
Key figures - June 1
Top 15 coins
- ▼ BTC $71,400-$72,145 · -1.4% 24h · 24h range $71,400-$73,568
- ▼ ETH $1,981 · -1.04% 24h · ETH/BTC ~0.0277
- ◆ USDT $1.00 · flat · $190B supply
- ▼ XRP $1.27 · -3.85% 24h · lost $1.30 support
- ◆ USDC $1.00 · flat · $75.6B supply
- ▼ BNB $682.85 · -0.7% 24h
- ▼ SOL $81.00 · -0.85% 24h
- ▼ DOGE $0.0995 · -2.1% 24h · lost top 10 spot ($15.4B)
- ◆ TRX $0.358 · flat 24h
- ▲ HYPE $72.5 · ATH $73.55 · new top 10 entry ($16.3B)
- ▼ ADA $0.2255 · critical support test
- ▼ SUI $1.03 · -1.8% 24h · v1.73 patch deployed
- ▼ LINK $8.32 · -1.5% 24h
- ▼ AVAX $8.15 · -1.8% 24h
- ▼ DOT $1.18 · -2.5% 24h
Legend: ▼ falling · ▲ rising · ◆ flat
BTC additional context
- BTC 8:45 a.m. ET price: $72,145
- BTC 9:56 a.m. ET low: $71,400
- BTC Monday open: $73,568
- BTC 24h range: $71,400-$73,568
- BTC key support: $71,400
- BTC key resistance: $74,500
- BTC market cap: ~$1.33T
- Bitcoin Sentiment Index: 2026 peak
- $75,000 June reclaim probability (Polymarket): <40%
Market metrics
- Total market: ~$2.55-2.58T
- BTC dominance: ~58-59%
- Stablecoin segment: $322-323B (USDT $190B, USDC $75.6B)
- 24-hour total liquidations: ~$280-350M
- Altcoin Season Index: 55 (neutral, rising)
ETF flows
- US spot Bitcoin ETF: 10 consecutive outflow days
- Cumulative outflows since May 15: $2.97B
- Last week's digital asset product outflows: $1.67B (2026 record)
- BlackRock IBIT AUM: ~$54B (49% of spot BTC ETF market)
- BlackRock IBIT May 27 single-day outflow: $528M
- Hyperliquid BHYP+THYP ETF weekly inflows: $72M
- XRP funds weekly inflows: $35M
Corporate treasury
- Strive Inc. Sunday buy: 490 BTC in a single session (via SATA)
- Strive Inc. total holdings: 16,500 BTC
- Strategy Inc. (fmr. MicroStrategy) total holdings: 843,738 BTC (paused accumulation)
- Strategy convertible debt repurchase: $1.38B for $1.5B debt at discount
Regulatory news
- June 2: GENIUS Act public consultations close (Treasury, FDIC, FinCEN)
- June 3: Senate resumes CLARITY Act discussions
- CLARITY Act signing target: July 4, 2026
- GENIUS Act for stablecoins takes effect: July 18 (final rules by Jan 2027)
- SEC continues "Project Crypto" initiative (Atkins)
- PARITY Act - wash sale for digital assets (in Congress)
- United Kingdom continues sanctions on HTX, EXMO, Bitpapa
- Spain continues embargo on Polymarket and Kalshi
Token unlocks this week
- Total token unlock value: ~$700M
- June 6: HYPE unlock $684M
- Other smaller unlock events: SUI, ARB, IMX
Stablecoin news
- SoFi continues building SoFiUSD ecosystem (15M customers)
- Mastercard continues NY BitLicense use for tokenized deposits
- Yield-bearing stablecoin forecast: >$50B in 2026
- JPMorgan CEO Dimon continues lobbying against CLARITY Act
Security incidents (ongoing)
- Sui Network: v1.73 patch deployed
- Gravity Bridge: investigation continues into $5.4M compromise
- StablR protocol: EUR/USD depegs remain
- Squid fake module: $3.2M identified from Safe wallets
- Total 2026 DeFi theft: $1.1-1.3B
Market context
- Crypto Fear & Greed Index: 22-26 (Extreme Fear)
- Brent crude: above $92/barrel
- WTI crude: $88-$89/barrel
- US 30-year Treasury yield: above 5.10%
- CryptoPunks floor:
30.3 ETH ($60,000) - BAYC 30-day sales volume: $13.42M
- BAYC floor increase since April: +75.87%
- Pudgy Penguins floor: $12,900
- TON blockchain NFT sale: $191,000
- June 6: FOMC meeting preview
Key altcoin events
- HYPE reaches ATH $73.55, enters top 10, surpasses DOGE
- Arthur Hayes forecast: HYPE will exceed Solana, $150 target
- XRP loses $1.30 support, down 3.85%
- Ripple announces four-phase plan for quantum resistance by 2028
- Cardano Plomin hard fork fully activated (weak price reaction)
- Sui v1.73 patch stabilizes gas accounting
This is Norriwire's daily global crypto market review. All price and flow data have been verified against Fortune, Yahoo Finance, CoinDesk, BanklessTimes, Bitcoin Foundation, Cryptonews, CoinMarketCap, CoinGecko and Bitget News publications. Model: claude-opus-4-7. Author and reviewer: Toms Ābeltiņš.
Sources
- Fortune - Current price of Bitcoin for June 1, 2026
- Yahoo Finance - Bitcoin and ethereum prices today Monday June 1 2026
- CoinDesk - Bitcoin remains under pressure as ETF outflows
- BanklessTimes - Hyperliquid taking over Ethereum and Solana
- Bitcoin Foundation - Hyperliquid HYPE hits record high flips DOGE
- Coinpedia - Hyperliquid flips Cardano Arthur Hayes 150 target